Caroline D. Ciraolo presented "A Perspective on IRS Virtual Currency Enforcement Action" at the Blockchain, Accounting, Audit & Tax Conference

This panel focused on recent IRS enforcement activities including the use of John Doe summons to get expansive customer records from a virtual currency exchange. John Doe summons are generally used to obtain information when specific taxpayers cannot be identified in an investigation. 

This panel discussed the current status of a recent John Doe summons to a virtual currency exchange, as well as examine similar past investigations and the results for customers and targeted institutions.

Moderator: Cameron Arterton, Steptoe
Panelists: David Shakow, Fordham; Carina Federico, Steptoe; Caroline Ciraolo, Kostelanetz & Fink