Crypto Crackdown Drives ‘John Doe’ Record Demands from IRS

Firm’s Attorneys Author Exclusive Bloomberg Article Titled “Crypto Crackdown Drives ‘John Doe’ Record Demands from IRS”

Managing Member Guinevere Moore is quoted in Bloomberg article titled “Crypto Crackdown Drives ‘John Doe’ Record Demands from IRS.”

The IRS is seeking swaths of records from cryptocurrency companies on anonymous taxpayers as part of its broader effort to crack down on tax evasion in the industry.

Guinevere Moore is quoted, “These petitions for John Doe summonses very plainly indicate that the IRS is putting resources and its thought into identifying who cryptocurrency users are and identifying how much cryptocurrency they have.”

Bloomberg Law Subscribers can access the article here.