Post
Topic
Board Legal
Merits 1 from 1 user
Re: IRS crypto tax audit letter / notice
by
CryptoSites
on 07/08/2020, 01:51:25 UTC
⭐ Merited by figmentofmyass (1)
I saw that circulated when it was posted but I have not personally seen any clients hit with an IRS crypt audit.  The IRS recently put out an RFP for assistance in calculating basis so I think they are a ways away from mass audits of individual taxpayers.  The audits I have seen in this space were entities.  Based on discussions with IRS and Treasury officials this list would seem overly detailed for their capabilities and current enforcement targets.