IRS Leverages AI to Detect Crypto Tax Evasion

By utilizing artificial intelligence (AI), the Internal Revenue Service (IRS) is improving its oversight of bitcoin transactions.

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The head of IRS investigation anticipates a rise in Cryptocurrency Tax Avoidance in 2019

Guy Ficco, the chief of IRS criminal investigation, stated that throughout tax reporting season, his organization has grown more proactive and equipped to handle tax crimes involving cryptocurrency.

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