For tax season 2020, there is a new cryptocurrency disclosure question on IRS Form 1040. And if you ever wondered whether the IRS is really taking cryptocurrency taxation seriously – the crypto question appears on the new 1040 before naming your Dependents. Expect to answer this question honestly: “At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?” Crypto tax enforcement is here. In a recent Report published by the Attorney General’s Cyber Digital Task Force, crypto is an area of emerging concern and focus. Buckle your digital seatbelts!