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‘Enforcement 40’ for 2020
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Join the Securities Litigation and Enforcement Group on LinkedInIRS is ‘setting the trap’ for bitcoin and virtual currency investors on 2020 tax form
The Internal Revenue Service (IRS) is making it harder for taxpayers to conceal cryptocurrency transactions — whether intentionally or not — by adding a new question about it near the top of the new Form 1040. Source: IRS is ‘setting the trap’ for bitcoin and virtual currency investors on 2020 tax form
IRS Rulings May Ease Pain for Many Madoff Victims
Recent IRS rulings may allow certain Madoff victims to recover 40% of losses.