Cryptocurrency poses a significant risk of tax evasion

Author: External Author | | Categories: Tax Advice , Tax Planning , Tax Services

The Biden administration wants to get tougher on tax cheats — and cryptocurrency is an area of interest.

Virtual currencies like bitcoin and ethereum, which are collectively valued around $2 trillion, offer investors a way to shield income from tax authorities.

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Original Article Source Credits:   CNBC ,

Article Written By:  Greg Iacurci

Original Article Posted on:  MAY 31 2021

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