Forbes: IRS May Conduct Tighter Review of Cryptocurrency Exchanges

On October 7, Forbes reported that a recent US Department of the Treasury (TIGTA) investigation found that the IRS was having difficulty identifying taxpayers who use virtual currency due to the inaccuracies of the third case. As the amount of unreported data on cryptocurrency tax growth increases, the government has asked the IRS to close the gap on this data by tightening restrictions on the cryptocurrency market. Third personal information, including fees and taxes (Form W-2), Income and Income (Form 1099-B), and Income (Form 1099) -INT). did not notify the IRS that they had. The IRS urges the media to update all means to ensure that the IRS recognizes that the information is associated with virtual benefits.