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no title2 days

People Are Using AI Tools to Report Crypto Traders to the IRS. Here's What You Need to Know.

By Clinton Donnelly, CEO, Founder | CryptoTaxAudit

A recent

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no title6 days

What Is IRS Form 4564? Why Crypto Tax Reporting Feels So Confused Right Now

By Clinton Donnelly, CEO, Founder | CryptoTaxAudit

A new IRS audit form is circulating in crypto investigations. It lists over a hundred exchanges, DeFi platforms, and wallets. During an audit, the agent hands it to you and asks which ones you've used. A lot of cr...

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no title1 week

The IRS Is Using AI to Find Crypto Underreporting

By Clinton Donnelly, CEO, Founder | CryptoTaxAudit

The IRS is using AI tools like Palantir, along with blockchain analytics, to identify taxpayers with a high probability of crypto underreporting.

This shift is driven by a long-standing problem. About 40% of IRS aud...

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no title2 weeks

How the IRS Audits Crypto Traders: The Methods, the Risks, and the Defense Strategy

By Clinton Donnelly, CEO, Founder | CryptoTaxAudit

75% of crypto traders don't report their taxes. The IRS knows this. The only reason they haven't come for all of them yet is limited resources, not lack of knowledge.

Blockchain forensics. Exchange sub...

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