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2019-07-09 04:00:45

IRS is planning to clamp down on the cryptocurrency tax evaders

The Internal Revenue Service (IRS) is taking draconian measures against Bitcoin Tax evaders through surveillance. These measures would include electronic surveillance of cryptocurrency traders. Furthermore, the IRS is also planning to bring in family members through interviews and broaden the circle through friends, social media before issuing through electronic and digital means. The new IRS regulatory measure would also engulf the major companies like Apple, Google, and Microsoft during these investigations and the data gathered from these websites can potentially reveal information regarding tax evasion on Bitcoin and another cryptocurrency trading. An alleged one hundred and eighty-one pages long IRS document