H. J. RES. 25 aims to nullify a specific rule set by the Internal Revenue Service (IRS). This rule involves the reporting of gross proceeds by brokers who facilitate digital asset sales. If passed, the resolution would ensure that this rule has no legal impact. The resolution...
Simple Explanation
H. J. RES. 25 wants to stop a new IRS rule that makes people who help sell digital money report how much money they make. If this goes through, those helpers won't have to tell the IRS that information anymore.