The Internal Revenue Service (IRS) said it would increase enforcement in the area of digital asset transactions and listed transactions.
The federal agency identified some transactions as high-risk in noncompliance and promised to intensify enforcement.
“The IRS tracks many known, high-risk issues in noncompliance, such as digital asset transactions, listed transactions and certain international issues. These issues
arise in multiple taxpayer segments, and data analysis shows a higher potential for noncompliance,” the tax agency wrote in its newly-released funding plan (pdf).
“We will prioritize resources to increase enforcement activities, including criminal investigation as appropriate,” the agency added….