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Expert Analysis

Mitigating IRS Cryptocurrency Enforcement Risk In 2021

By Don Fort and Lawrence Sannicandro (January 3, 2021, 12:02 AM EST) -- A high-stakes game of chicken moves to the next level in 2021. Over the past several years, the Internal Revenue Service has repeatedly warned that taxpayers who violate the law while using virtual currency — including cryptocurrency — will be pursued for civil and, potentially, criminal penalties....

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