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IRS crypto guidelines

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Cryptocurrency

Can IRS access my cryptocurrency transactions?

The IRS crypto guidelines are clear on what cryptocurrencies are. And with how they’re proceeding, there could be more complex…

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Announcements

IRS guidance on cryptocurrency [Updated 2020]

IRS has provided updated guidance today. This is the first update in 5 years. We went through it and summarized…

irs notice cp2501 and cp2500

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Crypto Accounting

IRS Notice CP2501 and CP2000 for Cryptocurrency Traders

Received IRS notice cp2501 or cp2000 stating that you have under-reported your cryptocurrency on your tax returns, then you are not alone. Read more…

IRS sends letters to cryptocurrency traders

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Crypto Accounting

What is 6174-A, notice from IRS to cryptocurrency traders

IRS, Internal Revenue Service – the tax authority in the United States has sent out notices to thousands of cryptocurrency…