GeishaCharm
Thu Aug 08 2024
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7 answers
1827
How will the IRS combat crypto tax crimes?
With the increasing popularity of cryptocurrencies, how will the IRS effectively combat tax crimes related to these digital assets? Will they be relying on traditional methods of auditing or will they implement new technologies to track transactions and identify potential evasion? Additionally, how will they educate taxpayers on their obligations when it comes to reporting their crypto holdings and transactions? It's crucial to understand the measures the IRS is taking to ensure that everyone is paying their fair share of taxes in this rapidly evolving landscape.
