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IRS to Prioritize Enforcement Including Criminal Investigation for Certain Assets

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IRS to Prioritize Enforcement Including Criminal Investigation for Certain Assets




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….



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