Bloomberg Quotes Lisa Zarlenga on Cryptocurrency Challenges Facing the IRS

February 9, 2018

Bloomberg quoted Lisa Zarlenga in a February 8 article titled “IRS Cops Are Scouring Crypto Accounts to Build Tax Evasion Cases.” The article explains why the US Internal Revenue Service (IRS) assigned criminal agents to investigate whether Bitcoin and other cryptocurrencies are being used to cheat the taxman.

Ms. Zarlenga says: “The biggest challenge for the IRS is this really new technology. They need to educate themselves on what is a blockchain, how do we learn what’s on the blockchain, and how do we follow it?”

The full article can be read at Bloomberg.