What Is IRS Letter 6174-A? Crypto Tax Warning Explained for Traders & Investors

The IRS is watching — and 6174-A is their first move.
If you trade crypto and got this letter (or fear one’s coming), you need to understand what it really says — and what the IRS isn’t telling you. In this episode, Clinton Donnelly breaks down:

🔍 What You’ll Learn:
The true purpose behind IRS Letter 6174-A (hint: scare tactics)
- Why calling the number on the letter is a trap
- What this letter reveals about your Coinbase/Binance history
- Which tax years the IRS can still audit — and which are already closed
- The affordable way to monitor your IRS account weekly (Tax Shield)

🎯 Worried about an audit? We’ve got your back.
👉 Free crypto tax course — link below 👇
https://www.cryptotaxaudit.com/taxshield

🕒 CHAPTERS
0:00 – 😱 IRS Letter 6174-A: What You Need to Know
0:34 – Where to Find the Letter Number
1:00 – DO NOT Call This IRS Hotline
2:00 – What the Letter Really Says About Your Crypto
3:15 – What Tax Years Are Still at Risk?
4:10 – Why the IRS Sent You This
4:45 – What You Can Do Right Now to Stay Safe
5:25 – How Tax Shield Gives You a Heads-Up (Before the Audit Hits)
6:10 – Final Thoughts + Free Resources

#irscrypto #cryptotaxes #irs #6174 #cryptoaudit #taxshield

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📜 Disclaimer
The content in this video is for educational and entertainment purposes only. While we aim to provide accurate and up-to-date information about cryptocurrency taxation, this is not intended as legal, tax, or financial advice. Always consult with a qualified tax professional to ensure compliance with IRS regulations and accurate reporting of your cryptocurrency transactions.

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