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Accounting roundup: Digital asset gains, tax disclosure and risk assessments

Image of the Internal Revenue Service sign
Photo: Zach Gibson/Getty Images

Some of this week’s key accounting stories at a glance, including a move to make crypto investors comply with tax law – and some stimulating points about risk assessments.

The US Treasury Department is ramping up its efforts to make cryptocurrency investors comply with US tax law to make it harder for crypto investors to dodge income taxes when they sell digital assets.

Using existing law, plus new authority granted by the Infrastructure Investment and Jobs Act, the proposed