The United States Internal Revenue Service is blinded by its desire to defeat cryptocurrency. It rushes to enforcement without first thinking how best to get there. It has spent millions of taxpayer dollars training its personnel and procuring private contractors to uncover noncompliance by crypto users. The IRS is arming its people to aggressively enforce the tax laws applicable to cryptocurrency. All the while, it ignores โestablishedโ frameworks to help achieve tax compliance and collection on crypto transactions.ย Crypto tax amnesty is the easiest and fairest way to get from…
The immediate and compelling need for an amnesty program
