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A social media post claims that U.S. citizens must address IRS “Safe Harbour” matters related to crypto assets by 2024-12-31 to avoid subsequent tax and accounting issues.
Today I interviewed Kirk David Phillips CPA CBP about the IRS Safe Harbour process and the actions US citizens with #crypto assets must take in the remaining 2 weeks of the year to avoid an accounting and tax mess.
Act before December 31st 2024
https://t.co/UaDX9O43yu
Today I interviewed Kirk David Phillips CPA CBP about the IRS Safe Harbour process and the actions US citizens with #crypto assets must take in the remaining 2 weeks of the year to avoid an accounting and tax mess. Act before December 31st 2024 https://t.co/UaDX9O43yu
The following is analysis, separate from reported facts. Verify important claims independently.
No additional explanation is available beyond the summary.
The information comes from an individual’s social media post. Although it mentions a specific deadline and tax matters, it provides no IRS document, rule details, or interview content, so its scope cannot be confirmed based solely on the post.
Monitor subsequent official information and do not make decisions based on a single report.
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