Carlos Ortiz, Christina Gotsis and Kayley Sullivan co-authored the article “Get Ready For IRS Criminal Crackdown On Crypto,” in Law360.
After years of warnings, the time for a significant increase in IRS criminal enforcement against those using digital assets to evade tax liabilities is here.
The 2022 IRS Criminal Investigation annual report, and the agency’s Inflation Reduction Act Strategic Operating Plan for fiscal years 2023-2031, identified digital assets as an area of top priority going forward.