<ul data-eligibleForWebStory="true"><li>As crypto prices surge, the IRS has intensified scrutiny on crypto investors in the US, sending a wave of warning letters about tax return accuracy.</li><li>The number of warning letters has significantly increased in the past two months, marking a renewed emphasis on digital asset reporting by the IRS.</li><li>Crypto tax experts have noted a sharp rise in inquiries related to IRS communications, with thousands of investors receiving these letters and seeking guidance.</li><li>The IRS warning letters, some of which require responses or amended returns, indicate the agency's efforts to ensure compliance among cryptocurrency investors, possibly triggered by new data acquisitions.</li></ul>

IRS Intensifies Scrutiny Of Crypto With Surge In Warning Letters

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