The IRS is coming for bitcoin investors who are not paying their fair share on their gains.
The IRS believes the time has come to prosecute bitcoin tax evasion and they say that they are ready to go to a jury and get convictions.
Tax practitioners are asking the IRS for more guidance on the existing regulations. New direction expected in June is expected to resolve any uncertainty on how to deal with the cost basis when a fork occurs.
Practitioners must ask their clients about crypto gains. Gains can be taxed like gains on stock investments.
Thanks to FAS & CPA Consultants and Fulton Abraham Sanchez, CPA, I was able to resolve a debt of $479,677.71 that I had with the IRS.
My experience with FAS CPA & Consultants has been incredible, their professionalism is impeccable. I highly recommend them.
I highly recommend FAS CPA & Consultants, they are responsible, efficient and very dedicated.
FAS CPA & Consultants
9010 SW 137 AV Suite 222 Miami, FL 33186