IRS Crypto Prosecutions Set to ‘Skyrocket’, Says US Tax Law Firm

21-Feb-2020

The US Internal Revenue Service (IRS) is expected to ramp up its cryptocurrency-related enforcement actions, a tax law office warns. US Revenue Agency Looking to Crack Down on Crypto Tax Evasion The IRS has not been explicit on how would it treat taxes related to cryptocurrency transactions. On the other hand, the agency has made it clear that it intends to criminally investigate those who are knowingly ignoring to report such activities. US-based tax lawRead More read more

Anatol Antonovici