The Internal Revenue Service (IRS) said it would increase enforcement in the area of digital asset transactions and listed transactions.
The federal agency identified certain transactions to have high-risk issues in noncompliance and vowed to ramp up enforcement in those transactions.
“The IRS tracks many known, high-risk issues in noncompliance, such as digital asset transactions, Best PDF Editor listed transactions and certain international issues. These issues arise in multiple taxpayer segments, and data analysis shows a higher potential for noncompliance,” the tax agency wrote in its newly-released funding plan (pdf).
More: https://www.theepochtimes.com/irs-to-prioritize-enforcement-including-criminal-investigation-for-certain-assets_5181321.html?utm_source=top5noe&src_src=top5noe&utm_campaign=top5-2023-04-16&src_cmp=top5-2023-04-16&utm_medium=email&est=2SJKowNXnNO9YmGpbAiHpo394CpR4vuS2cPJ6EDDxQUHfNlDP8AI%2FQnAIi3iAHoWPzo15vvDSg%3D%3D
