Sosa MathewsDec 29, 2021 · 3 years ago9 answers What are the chances of being audited by the IRS in 2023 for cryptocurrency transactions?
As the IRS continues to crack down on cryptocurrency tax evasion, what are the likelihoods of individuals being audited by the IRS in 2023 for their cryptocurrency transactions? How does the IRS select individuals for audits and what factors increase the chances of being audited? Are there any specific steps individuals can take to minimize their risk of being audited for cryptocurrency transactions?