IRS Reports Increase in Digital Asset Tax Investigations

The Criminal Investigation Unit of the Internal Revenue Service (IRS:CI) noted an increase in digital asset tax investigations due to cryptocurrencies becoming more mainstream, according to the IRS:CI’s annual report released Monday. What the findings show The report states these digital asset investigations “consist of unreported income resulting from failure to report capital gains from The post IRS Reports Increase in Digital Asset Tax Investigations appeared first on Cryptonews .