IRS to transition from ‘education to enforcement,’ says former division chief

A former top investigator is warning that the IRS might be shifting crypto tax payment enforcement into high gear A former top investigator is warning that “a high-stakes game of chicken” between the Internal Revenue Service (IRS) and cryptocurrency holders who fail to properly report their earnings will be entering a new phase in 2021 as the tax collection agency begins to focus on pursuing “civil and, potentially, criminal penalties.”In…