The IRS has begun contacting Crypto investors to make sure they have reported their crypto transactions on their tax returns.
If you are a non-filer, now is the time to contact me to get out ahead of these IRS investigations.
Remember, when you EXCHANGE crypto for a different crypto, that is a taxable transaction and must be reported on your tax returns. It is not only when you exchange your crypto to actual cash.
As I have been reporting for a few years now, the IRS will be able to find out what Crypto you have traded, no matter where in the world the servers are kept and even if you don’t receive a 1099.
Questions? Concerns? Call me on (732) 673-0510.
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Please reach out to me without hesitation with any tax, business or
accounting question, and to schedule a consultation.
Tax Laws are complex.
It is very easy to make mistakes that can incur penalties.
Do you have a Tax, Accounting or Business Question?
Call Me Immediately. (732) 673-0510.
Is your CPA or Attorney
ignoring your Phone Calls and Emails?
Call Me Immediately. (732) 673-0510.
Remember,
“If We Aren’t Working For You, Then You Aren’t Working At Your Best”
Chris Whalen, CPA
(732) 673-0510
81 Oak Hill Road
Red Bank, NJ 07701
www.chriswhalencpa.com
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