DON'T GET SCARED! IRS Crypto Letters Explained by a Crypto CPA (2024)

Learn about IRS crypto letters from a crypto CPA in 2024. The IRS is serious about going after crypto investors for tax money.

Learn about the methods & resources the IRS uses, what type of IRS crypto letters you can expect and - most importantly - exactly what to do (and not to do!) in case you get one.

🔗 Important links:
Try CoinTracking for free: https://cointracking.info/?aa=551
How to reduce crypto taxes:    • 📉 How to Legally Reduce Your Cryptocurrenc...  
The ultimate guide to US crypto taxes: https://cointracking.info/crypto-taxe...
The Guard Dog offer from CryptoTaxAudit: https://www.cryptotaxaudit.com/irs-gu...

Timestamps:
00:00 Introduction
00:39 Crypto letters from the IRS - it's serious
04:11 Who is the IRS targeting with the crypto tax letters
07:25 What are IRS crypto letters & what to do when you get one: letter CP2000, letter CP2501, evaluation letter
11:30 What happens during a crypto tax audit
14:18 How to respond to an IRS crypto letter
16:40 Key takeaways for the IRS crypto letters

You can also find us across social (we're very active there) ⬇️
🐦 Twitter https://bit.ly/Twitter-CoinTracking
📸 Instagram https://bit.ly/CoinTracking-Instagram
💻 Discord https://bit.ly/CoinTracking-Discord
👥 Facebook https://bit.ly/Facebook-CoinTracking

Stay informed and empowered in the world of #cryptocurrencies!

#cryptotaxes #cryptoaudit #cryptotax #cryptotaxusa