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Blog | Cryptocurrency Tax News | CryptoTaxAudit

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IRS Letter 6173: Your Questions Answered by Crypto Tax Experts

By Clinton Donnelly, CEO, Founder | CryptoTaxAudit

If you opened your mailbox and found ...


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CARF Is Coming: The IRS Will See Your Wallet Activity in 2027-2028

By Clinton Donnelly, CEO, Founder | CryptoTaxAuditHere's what's about to change:

You move coins from Binance to your hardware wallet.

Feels private. Feels safe.

Now imagine this: It's January 2028. The IRS receives a report from Binance. Your name. Your ta...


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Why the IRS Prefers Tax Evasion Charges Over Tax Audits (And Why That Should Terrify You)

By Clinton Donnelly, CEO, Founder | CryptoTaxAudit

 

Pull up a Bitcoin chart from October through November. Watch the red candles stack up, day after day.

Every morning: down another 3%, another 5%, another 8%.

No...


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How Tax Shield Monitors the IRS Before They Audit You

By Clinton Donnelly, CEO, Founder | CryptoTaxAudit 

The IRS knows you're a crypto trader.

They've been tracking transactions since 2018. High-volume traders, high-dollar traders, people with multiple exchanges and wallets, they're all on the IRS radar.

And they've all been worried about the...


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Can You Escape U.S. Taxes by Leaving the Country? The Truth About Renouncing & Exit Tax

By Clinton Donnelly, CEO, Founder | CryptoTaxAudit

Picture this: You're sitting on $5 million in crypto gains.

You Google "zero tax countries" at 2 am.

Dubai looks perfect. Portugal seems ideal. Maybe Puerto Rico?

You start imagining ...


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