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Bookmarking Crypto InsightsMon, 26 Sep 2022 00:00:30 +0000en-US
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3232US Court Authorizes IRS to Issue Summons for Crypto Investors’ Records
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Mon, 26 Sep 2022 00:00:30 +0000https://www.digit.info/2022/09/26/us-court-authorizes-irs-to-issue-summons-for-crypto-investors-records/Read more]]>The Internal Revenue Service (IRS) has obtained a “court order authorizing summons for records relating to U.S. taxpayers who failed to report and pay taxes on cryptocurrency transactions.” The IRS commissioner commented: “The government’s ability to obtain third-party information on those failing to report their gains from digital assets remains a critical tool in catching […]