Former US Internal Revenue Service Commissioner: The US Internal Revenue Service could enforce cryptocurrency tax laws.

01月
04
2021-1-4 03:04
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On January 4, under Law 360, Don Fort, former director of the IRS's Criminal Investigations Division, announced in an article that the IRS may tighten controls on taxes on cryptocurrencies. The letter said the agency was now focusing on its resources to provide adequate information to the public, but would now move to tighter governance. According to the article, a major discrepancy, with the IRS moving the cryptocurrency tax issue to the top of Form 1040, indicates that it is working to eliminate back taxes on cryptocurrencies. Prior to the December 12 news, the U.S. Internal Revenue Service (IRS) had authorized the transfer of the cryptocurrency tax issue to the top of Form 1040.

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