Cryptocurrency Tax Preparation
After years of avoiding taxation, the IRS is now regulating Bitcoin, Ether, Dash, and other types of cryptocurrency. If you’re involved in trading, bartering, or exchanging cryptocurrency for services, you must report the income on your tax return. But that's harder than it sounds. The rules governing cryptocurrency are debatable and unclear, even for many seasoned tax professionals. And, if you don't report your virtual transactions properly, the IRS will go after you for penalties and interest. In come cases, you may even face criminal prosecution.
The IRS is watching and they want their share so turn to a CPA firm that's experienced with crytocurrency taxation, Amro Azazi CPA, PC. You can trust us with your tax filings because we're well-versed in crytocurrency tax rules and regulations. We know how to accurately prepare and file your tax returns in line with the most current laws governing cryptocurrency so you avoid penalties, keep more money in your pocket, and don't get into trouble with the IRS.
Cryptocurrency Tax Services
Reporting digital currency on your tax returns is not simple but our CPA firm will guide you through the process and get you up to date on your crypto tax filings. Call us now at 215-346-5888 to learn more request your consultation through our website.
- Preparing cryptocurrency tax returns
- Amending past tax returns
- Filing back tax returns
- IRS tax problem resolution
