10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRS - by Jamie Redman

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10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRS
news.bitcoin.com
by [url=https://news.bitcoin.com/author/jamieredman/]Jamie Redman[/url]
July 26, 2019

Excerpt:

On July 26, the U.S. Internal Revenue Service (IRS) announced that the tax agency has started sending letters to American cryptocurrency owners advising them to pay their taxes. According to the organization, three types of letters will be sent to more than 10,000 taxpayers by the end of August. The news follows the recent IRS taskforce slide that shows alarming recommendations on how tax agents should investigate digital currency users.

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