The U.S. Internal Revenue Service (IRS) is beginning 2018 on an aggressive note, prioritizing the implementation of two new programs pertaining to the disclosure of foreign financial accounts, such as Swiss bank accounts, and virtual currencies, such as Bitcoin.
New IRS programs to focus on Bitcoin and cryptocurrencies
The U.S. Internal Revenue Service (IRS) is beginning 2018 on an aggressive note, prioritizing the implementation of two new programs pertaining to the disclosure of foreign financial accounts, such as Swiss bank accounts, and virtual currencies, such a…