CRYPTO TAX NOTICE RESOLUTION
Received an IRS Notice for your taxes? Get clear, professional support for your crypto activities.
Correct Issues Raised by IRS Crypto Notices
Receiving an IRS notice related to crypto activity often means reported information doesn’t match what actually happened. This commonly involves trading across exchanges, wallet transfers, DeFi activity, NFTs, staking rewards, mining income, or prior filings where cost basis or income was missing or misclassified.
Notices are frequently triggered by exchange reporting, incomplete records, or transactions that were misunderstood by tax software. Addressing the issue correctly requires reviewing past activity, identifying what caused the mismatch, and responding with accurate documentation before the situation escalates.
What To Expect During Resolution
Clearly identify what triggered the notice
IRS letters are reviewed alongside prior filings and crypto activity to pinpoint where reporting broke down.
Make accurate corrections backed by proper documentation
Errors related to trades, transfers, DeFi rewards, NFTs, or staking income are corrected and supported with defensible records.
Provide a proper response to the IRS, reduce risk, and prevent repeat issues
Responses are prepared carefully to resolve the notice and help avoid future IRS follow-ups tied to crypto reporting.
Resolving IRS Crypto Notices in 4 Steps
Start With A Quick Review
Review the IRS notice together, clarify what the IRS is requesting, and discuss the best path forward based on the situation.
Share Relevant Records
Upload the IRS notice, prior tax returns, and related crypto records through the secure client portal for review.
Review and Correct
Prior filings and crypto activity are reviewed to identify reporting issues. Corrections are prepared with supporting documentation.
Resolution and Support
Responses are submitted accurately to address the notice, with guidance provided on steps taken to help prevent repeat issues and notices.
Experience You Can Rely On
Work with a CPA who regularly handles complex digital asset activity. Experience includes trading across multiple exchanges, DeFi participation, NFTs, staking, mining, and other evolving use cases. The focus is on understanding how activity actually works so reporting is accurate, compliant, and defensible.