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crypto news Sep 20, 2023

CryptoTaxAudit, the leading tax firm specializing in assisting crypto investors, is thrilled to announce its recent membership with the Chamber of Digital Commerce. This premier trade association has been the go-to for web 3 and cryptocurrency businesses, consistently leading the charge in lobbying efforts in the nation's capital.

With the crypto landscape in Washington DC currently under significant legislative scrutiny, the need for strong advocacy and expert voices couldn't be more evident.

"I'm super excited that CryptoTaxAudit has now joined The Chamber of Digital Commerce," exclaimed Clinton Donnelly, CEO of CryptoTaxAudit. "Being the largest tax preparation and audit defense firm focused on the crypto industry, we realized our responsibility to our clients and those who come to us through IRS Guard Dog, protecting their rights from potential abuse by the I.R.S. and ensuring well-crafted laws emerge from both the Senate and the House of Representatives."

CryptoTaxAudit has indeed become synonymous with excellence in the realm of crypto tax returns in the US. Their team of experts not only guarantees compliant tax filings but also serves as a robust representative in IRS negotiations for their clients.

The Chamber of Digital Commerce, with its proactive engagement with Congress and other legislative bodies, ensures that the concerns of its member companies resonate in the corridors of power. By welcoming CryptoTaxAudit into its ranks, the Chamber is bolstering its expertise, particularly in the intricate area of crypto taxation.

"I am thrilled to see not just another member of The Chamber, but a member with such a unique value add," commented Cody Carbone, VP of Policy at the Chamber of Digital Commerce. "The tax treatment of crypto is still in flux, and having the specialists from CryptoTaxAudit onboard will be invaluable in shaping pivotal policy decisions."

Clinton Donnelly added, "The Chamber of Digital Commerce is the foremost lobbying organization in the U.S. Government promoting the interests of the blockchain and cryptocurrency industry. They've been eager to involve us, even soliciting our opinion on recent IRS regulations. This is because we represent the individual taxpayer, who faces the risk of unreasonable taxes and harsh penalties. I'm genuinely excited about our long-term partnership and cooperation. We've already responded to the U.S. Senate Finance Committee about their RFI, and we're set to continue our collaboration with The Chamber. This marks a significant stride in our leadership within the crypto tax domain."

With this new alliance, CryptoTaxAudit reiterates its position as a thought leader in the crypto tax space, ensuring its clients are not only represented but also given a voice during these transformative times.

DISCLAIMER: Opinions and perspectives of the author, host, and guests. It should not be construed as U.S. taxpayer advice. There are often multiple interpretations of tax law. Various strategies may be suited to specific individuals and for particular situations. Seek out professional tax, legal, or financial advice from CryptoTaxAudit or from other reputable companies.

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