Bitcoin Tax Evaders, the IRS is coming after you with operation Hidden Treasure
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ADA

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#IRS #Taxes #CryptoTaxes

Link:
https://www.wsj.com/articles/bitcoin-irs-comes-for-crypto-investors-who-havent-paid-their-taxes-11620937095

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In this video I explain how the IRS knows you owe crypto taxes. Main ways IRS knows about your crypto activity is by looking at 1099-K & 1099-B forms. IRS also gets information through subpoenas issued to exchanges like Coinbase and the answer you report on IRS crypto question on Schedule 1 (At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any
virtual currency?)
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Shehan Chandrasekera, CPA��
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Disclaimer: this video is informational only and is not intended as tax or investment advice. For tax or investment advice, please consult a professional.