Are you worried about the IRS discovering your CRYPTOCURRENCY Account? You should be!!!
Our Firm can help you get back into compliance with the IRS quickly and quietly while minimizing the expense by negotiating the reduction of penalties and interest. Most of our clients with compliance issues sleep much better at night knowing that they are finally addressing their compliance issues.
Why should you come back into compliance now?
Not reporting income from CRYPTOCURRENCY transactions may be a crime. The IRS is actively pursuing those who have failed to report cryptocurrency transactions on their income tax returns.
What income must be reported to the IRS?
If you are a U.S. citizen or resident, you must report income from all sources within and outside of the U.S. This is true whether or not you receive a Form W-2 Wage and Tax Statement, a Form 1099 (Information Return) or any other equivalent.