IRS Plans Deep Research In Search of Cryptocurrency Tax Evaders, Contributes to Increasi…

Last week, it was uncovered that the IRS (United States’ Internal Revenue Service) is briefing its special agents in the IRS Criminal Investigation division on further investigation of possible cryptocurrency tax evaders.

I recently got hold of a presentation given to special agents in the IRS Criminal Investigation division that discussed investigating taxpayers who hold crypto.

I went through all of the 181 horribly formatted slides (attached for reference haha) and here’s what I learned… pic.twitter.com/YQqHVR5Dv7

— Crypto Tax Girl (@CryptoTaxGirl) July 8, 2019

The slides and 181 page full report were uncovered by @CryptoTaxGirl and contain an in-depth overview of different cryptocurrencies, how they work, how individuals acquire, trade, store, and sell cryptocurrencies. Within the report, @CryptoTaxGirl discovered that “[t]he IRS plans to use interviews, open-source searches, electronic surveillance, social media searches, and Grand Jury subpoenas given to a…