IRS secures court order for issuing summons for crypto investors’ records

It seems that the Internal Revenue Service (IRS) is bent on going after crypto investors who might have incorrectly reported their income from digital currencies. The tax agency just obtained a court order allowing it to issue a summons for records relating to U.S. taxpayers who failed to report and pay crypto taxes. On Thursday, the U.S. Department of Justice (DOI) announced that the IRS has secured a court order authorizing the tax agency to summon records of taxpayers who might have failed to report and pay taxes for their crypto transactions, according to Bitcoin.com. The order was...



source: https://tokenpost.com/IRS-secures-court-order-for-issuing-summons-for-crypto-investors-records-9781

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