The Internal Revenue Service (IRS) has put together a team of 10 investigators for international crime investigations as well as for finding tax evaders who use cryptocurrency. The IRS has faced hurdles this year trying to get access through a court order to user information on the crypto exchange Coinbase. Their original request for records of over 500,000 users was denied by courts and reduced to just 14,000 users that reportedly had high trading activity over $20,000, so to the users that that have Trading activity under $20,000 don’t have anything to worry about.. The IRS just want people to pay their taxes on the profits they make trading cryptocurrency.. So Don’t Forget to pay your Taxes!
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