The IRS Wants Your Cryptocurrency | Tips to protect yourself from an audit.

Clinton explores the complexities of cryptocurrency tax audits and the challenges of dealing with the IRS, particularly as a crypto trader. Discover the process from receiving an audit notice to contesting it in tax court, and understand the potential personal and financial strains. Whether you're an experienced trader or new to the crypto scene, equip yourself with essential insights to navigate tax hurdles better.

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📣 Host: Clinton Donnelly
👉Twitter: https://twitter.com/CryptoTaxFixer
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▬▬▬▬▬ 🕒 TIMESTAMPS 🕒 ▬▬▬▬▬

00:00 - Intro
01:05 - Introduction to IRS Audits
01:32 - Standard vs. Crypto Audit Duration
01:42 - Advantages of Tax Court Escalation
02:56 - Personal & Financial Strains from Audits
04:17 - Tips for Crypto Investors
4:57 - End

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📜 Disclaimer
All opinions expressed by the show’s host and guests are their own. Do not construe them as tax, legal, or financial advice. In addition, they may not represent the policies or opinions of our sponsor, CryptoTaxAudit. Research legal, tax, and financial guidance and advice as needed.

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