Crypto traders have a high risk of an IRS audit. Even if you are selected for an audit because of non-crypto income, the audit will quickly turn into a deep dive into all crypto reporting. Often crypto income audits expand to multi-year audits.
Only 2% of all CPAs have ever defended a client in an IRS audit. But you will need to be represented by experts in crypto income taxation. CryptoTaxAudit has that expertise. We represent hundreds of clients before the IRS.
If you are currently in an audit, schedule a consultation ASAP. We accept new audit clients on a selective basis. We charge an Initial Response Fee and require you to become an Audit Defense member, which is an ongoing charge.
If you are concerned that the IRS will audit you, consider becoming an Audit Defense member.
Other Resources:
Understanding Your IRS Notice or Letter
You can find the notice (CP) or letter (LTR) number on either the top or the bottom right-hand corner of your correspondence.
Taxpayer’s Bill of Rights notice of an
You have rights. Know what they are. Taxpayers have the right to know what they need to do to comply with tax laws.
Navigating the IRS Maze IRS Notice or
This unique website shows the workflow of how the IRS does most of its work. It’s a labyrinth!
