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Tag: Cryptocurrency and Blockchain

The IRS Ramps Up Cryptocurrency Enforcement

By Caroline Rule and Daniel Q. Flesch The Journal of Tax Practice & Procedure Summer 2021 Issue At a Federal Bar Association conference in March of this year, Damon Rowe—Director of the Office of Fraud Enforcement at the IRS—announced a new initiative. Operation Hidden Treasure consists of a special joint-effort

Don Fort Talks Cryptocurrency And Taxes On KCBS Radio

In a segment entitled, “If You Invested in Cryptocurrency, Make Sure You Do Your Taxes. Here’s Why,” Don Fort spoke with KCBS Radio’s Stan Bunger about the tax implications of owning and investing in cryptocurrency. Listen to the full interview here.  

International Tax Law Enforcement To Focus On FINtech Companies

The Joint Chiefs of Global Tax Enforcement (J5)— tax authorities of Australia, Canada, Holland, the UK, and the US—recently convened investigators, cryptocurrency experts, and data scientists in a virtual event, “The Challenge,” where the J5 honed in on developing leads and jumpstarting investigations into criminals’ use of the FINtech industry.