The Deputy Commissioner for Services and Enforcement should continue efforts to close the virtual currency information gap by issuing guidance clarifying the proper information reporting associated with virtual currency transactions.

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Date Issued

September 23, 2020

Recommendation number

Status

Open

The Deputy Commissioner for Services and Enforcement should continue efforts to close the virtual currency information gap by issuing guidance clarifying the proper information reporting associated with virtual currency transactions.

Report

The Internal Revenue Service Can Improve Taxpayer Compliance for Virtual Currency Transactions.

Significant Recommendation

Questioned Costs

Funds for Better Use

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