
Re: US Inland Revenue Service?
The I.R.S. doesn't like tax evasion much. So if anyone bought and sold a lot of bitcoin and made real money on it, and did NOT declare all that on the tax forms [it's considered "foreign currency" and apparently has a special place to declare it, though i always use tax software that just asks me about it], then the IRS will be wanting to find out how much money you made and bill you for the unpaid tax, with interest and a LOT of penalties. Yeah, they do that.