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by PatientTrades
3123 days ago
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> narrowed summons affects approximately 14,000 of the highest-transacting customers from 2 to 4 years ago. The rest of the 480,000 customers remain unaffected, Seems like the IRS is only going after the big fish for now. I wouldn't be surprised if we see a micro crash in the next couple of weeks as the big players go to the sidelines to see how this plays out. Once the IRS gets involved regulations for transparency usually follow. just my 0.02 |
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