RE: US Tax Considerations – UPDATE on the IRS “John Doe” Summons to Coinbase

You are viewing a single comment's thread from:

US Tax Considerations – UPDATE on the IRS “John Doe” Summons to Coinbase

in tax •  8 years ago 

@coldcuts many tax professionals thought the US Magistrate would have limited the scope of the summons.

Unfortunately,as I stated in previous articles, I would expect Poloniex and Kracken to receive similar demands in the near future. The audit reports issued in September have placed all things crypto squarely in the sights of the IRS and it is clearly becoming an enforcement priority.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!