Page 6 - மாசசூசெட்ஸ் மாவட்டம் நீதிமன்றம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Wednesday, April 21, 2021 If you think the IRS will not find out about your cryptocurrency, think again. With Coinbase making its securities debut with a $85 billion valuation on April 14, 2021, and Dogecoin s value increasing 85 percent essentially overnight, the news spotlight will be on bitcoin, Ethereum and other digital currencies for the foreseeable future. However, cryptocurrency has been in the spotlight for the IRS for the past few years and virtual currency continues to be at the forefront of IRS investigations and enforcement priorities. Do you think the IRS is not watching? See the new question at the top of the Form 1040 individual income tax return. Specifically, page one of Form 1040 asks taxpayers: At any time during 2020, did you receive, sell, send, exchange, to otherwise acquire any financial interest in any virtual currency? An incorrect answer can be seen as evidence of fraudulent intent by the taxpayer, suggesting that the return itself is fraudule

United statesJohn doeCircle internet financial incInvestigation divisionPayward ventures incMassachusetts district courtOffice of fraud enforcementDistrict courtFraud enforcementHidden treasureCriminal investigation divisionஒன்றுபட்டது மாநிலங்களில்ஜான் டோவட்டம் இணையதளம் நிதி இன்க்விசாரணை பிரிவுமாசசூசெட்ஸ் மாவட்டம் நீதிமன்றம்