---
title: Don Fort Quoted In Wall Street Journal Article Entitled “First Came the Crypto Crash. Now Comes the Taxman.”
description: Don Fort was quoted in a recent Wall Street Journal article entitled “First Came the…
---

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# [Don Fort Quoted In Wall Street Journal Article Entitled “First Came the Crypto Crash. Now Comes the Taxman.”](https://kostelanetz.com/publications/don-fort-quoted-in-wall-street-journal-article-entitled-first-came-the-crypto-crash-now-comes-the-taxman)

 Written by [Kostelanetz LLP](https://kostelanetz.com/publications/author/kostelanetz-llp) | Nov 16, 2022

[Don Fort](https://kflaw.com/profile/don-fort/) was quoted in a recent Wall Street Journal article entitled “First Came the Crypto Crash. Now Comes the Taxman.” published on November 11, 2022.

The article notes:

*“The IRS has already used this strategy, called a John Doe summons, to pursue crypto tax cheats with transactions of $20,000 or more at three other exchanges: Coinbase, Kraken and Circle. From these and other efforts, the agency has assessed more than $110 million in tax due on unreported crypto income, with more expected. Penalties and interest could nearly double the total that some taxpayers owe.”*

*“Future summonses are likely, says Don Fort, a former chief of IRS criminal investigations now with the Kostelanetz law firm: “The IRS and Justice Department have become adept at tailoring requests judges will approve.””*

Click [here](https://www.wsj.com/articles/crypto-bitcoin-taxes-irs-11668127981?mod=hp_featst_pos4) to read the full article.

[View full post](https://kostelanetz.com/publications/don-fort-quoted-in-wall-street-journal-article-entitled-first-came-the-crypto-crash-now-comes-the-taxman)

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