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Latest articles tagged:

Treasury

2109, 2016

As the Use of Virtual Currencies in Taxable Transactions Becomes More Common,Additional Actions Are Needed to Ensure Taxpayer Compliance

|21 Sep 2016|Resources|

This report presents the results of our review to evaluate the Internal Revenue Service’s (IRS) strategy for addressing income produced through virtual currencies. This review is included in our Fiscal Year 2016 Annual Audit Plan and addresses the major management challenge of Tax Compliance Initiatives.

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