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IRS Criminal Investigation Unit Says Crypto Tax Investigations Surged in 2023

IRS Criminal Investigation Unit Says Crypto Tax Investigations Surged in 2023

The U.S. Internal Revenue Service’s (IRS) criminal investigation unit says crypto tax investigations are on the rise. The unit notes in a new annual report that the number of digital asset tax investigations have grown as crypto assets have become more mainstream. “These investigations consist of unreported income resulting from failure to report capital gains […]

The post IRS Criminal Investigation Unit Says Crypto Tax Investigations Surged in 2023 appeared first on The Daily Hodl.

Gary Gensler is leaving the SEC, but replacement will face scrutiny

Feds Seize $34 Million in Crypto From Unidentified Florida Man

Feds Seize  Million in Crypto From Unidentified Florida ManOn April 4, 2022, the Department of Justice (DOJ) and the U.S. Attorney’s Office of South Florida revealed that law enforcement seized $34 million in crypto assets from an unidentified man living in Florida. According to the DOJ, the man allegedly conducted more than 100,000 sales on darknet markets, selling online account information tied to […]

Gary Gensler is leaving the SEC, but replacement will face scrutiny