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Cryptocurreny

About 93% of All Assets Seized by the IRS in 2021 from Cryptocurrencies

According to the agency, almost all the money recovered by the Internal Revenue Service’s Criminal Investigation branch during the previous fiscal year was in cryptocurrency, demonstrating how widespread it has become among criminals. During the previous fiscal year, the IRS seized $3.5 billion in bitcoin in nontax investigations, accounting for 93 percent of its total […]

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IRS

What Kind of Computers Does the IRS Use Today?

The Internal Revenue Service (IRS) enforces the federal tax laws passed by Congress. The IRS is responsible for three primary functions: tax return processing, taxpayer service, and enforcement. The IRS also conducts criminal investigations and regulates tax-exempt organizations and qualified retirement plans. Do you know what kind of computers IRS still has today? The Internation

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