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3232IRS Will Seize Cryptocurrencies From Investors to Settle Tax Debts, Official Warns
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Fri, 14 May 2021 17:00:52 +0000https://www.digit.info/2021/05/14/irs-will-seize-cryptocurrencies-from-investors-to-settle-tax-debts-official-warns/Read more]]>An official of the U.S. Internal Revenue Service (IRS) has clarified that the agency is prepared to seize cryptocurrencies and sell them to satisfy tax collection if taxpayers fail to meet their tax obligations. Robert Wearing, IRS’ deputy associate chief counsel for Procedure & Administration, explained Wednesday that the agency can seize cryptocurrencies from taxpayers, […]
An official of the U.S. Internal Revenue Service (IRS) has clarified that the agency is prepared to seize cryptocurrencies and sell them to satisfy tax collection if taxpayers fail to meet their tax obligations. Robert Wearing, IRS’ deputy associate chief counsel for Procedure & Administration, explained Wednesday that the agency can seize cryptocurrencies from taxpayers, […]