Tag Archives: bitcoin IRS

Are Crypto Investors at a Higher Risk of Being Audited By the IRS?

Every taxpayer faces some element of risk when filing returns, but that risk is decidedly elevated for certain types of people. Traditionally, business owners and freelancers have suffered the most audits. More recently, however, this unfortunate group has expanded to include crypto investors, who once successfully flew past the IRS’s radar. Keep reading to get […]

How Does the IRS Access Your Crypto Trading History?

A reckoning is coming for cryptocurrency enthusiasts, who, in the past, enjoyed broad discretion as they completed (or failed to complete) their tax returns. While crypto has technically always counted as taxable property or income, the IRS has only recently ramped up its efforts to hold traders accountable. The latest initiatives involve the pursuit of […]