How many IRS agents are trained to handle cryptocurrency audits?

3 answers

• May 03, 2022 · 3 years ago
  As of the latest information available, the IRS has trained approximately 250 agents specifically to handle audits related to cryptocurrency. These agents have undergone specialized training to understand the complexities of cryptocurrency transactions and ensure compliance with tax laws. The number of trained agents may vary over time as the IRS continues to invest in training programs to keep up with the evolving landscape of digital currencies.
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• May 03, 2022 · 3 years ago
  Well, the IRS has a dedicated team of agents who are trained to handle audits involving cryptocurrency. While the exact number may not be publicly disclosed, it is safe to say that there are a significant number of agents who possess the necessary knowledge and expertise to conduct thorough audits in this area. The IRS recognizes the importance of addressing tax compliance in the cryptocurrency space and has taken steps to equip its agents with the skills needed to navigate the complexities of digital assets.
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• May 03, 2022 · 3 years ago
  At BYDFi, we are not privy to the exact number of IRS agents trained to handle cryptocurrency audits. However, it is well-known that the IRS has been actively investing in training programs to ensure that its agents are equipped with the necessary skills and knowledge to effectively audit cryptocurrency transactions. The IRS understands the importance of regulating the cryptocurrency industry and is committed to enforcing tax compliance within this space.
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