The Block: Tax experts see audits, enforcement on the horizon as IRS highlights crypto question
Quick Take
The draft of the IRS’s 1040 form asks tax payers if they’ve seen any financial interest from crypto dealings at the top of the form
This, coupled with recent rounds of letters, indicates a growing interest in crypto compliance and enforcement
Those who report their crypto could face a higher likelihood of audits.
Additional Info
- Read full article on: The Block
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