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Tax

Aug. 14, 2020

More cryptocurrency tax worries? IRS now has training for auditors

Tax worries about crypto have changed. Audits involving crypto have now ramped up in a big way. The IRS has crypto training now for auditors, and for its Criminal Investigation Division agents, too. Should the latter scare you?

Robert W. Wood

Managing Partner
Wood LLP

333 Sacramento St
San Francisco , California 94111-3601

Phone: (415) 834-0113

Fax: (415) 789-4540

Email: wood@WoodLLP.com

Univ of Chicago Law School

Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.

Bitcoin, Ethereum, or something else? The crypto choices may seem endless today, but it was not always so. Ethereum came on the scene five year ago, and the last five years have seen some big changes in how investors, exchanges and government agencies see cryptocurrencies. Tax worries about crypto have changed too. Audits involving crypto have now ramped up in a big way. The IRS has crypto training now for auditors, and for its Criminal Investigation Division agents, ...

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