IRS Crypto Audit: What to Do When the IRS Sends You a Crypto Letter
Soon, crypto exchanges will report users’ taxable transactions to the IRS via Form 1099-DA. This is the first tax form created specifically for digital assets, which aims to make reporting easier for investors. The CP2000 notice is a letter US taxpayers receive from the IRS’ Automated Underreporter (AUR) unit, whose computer system automatically spots discrepancies […]