Our audit defense plans
Are you driving without insurance?
You wouldn’t drive a car without protection. Are you investing in cryptos without protection? Many crypto traders try to hide from the IRS, but that’s no longer working. The IRS has obtained records from every U.S. crypto exchange, allowing them to track your crypto transactions and map your wallet addresses directly to you.
Audit Defense membership protects you and your crypto wealth against IRS audits, whether we prepared your tax return or not. Membership eliminates the worry that an IRS audit will break you financially when defending yourself against the IRS enforcement machine and its focus on crypto owners.
What does an IRS crypto audit cost?
Some people ask us why audit defense is so expensive. Tax lawyers and people who have been through IRS audits wonder how we can offer it for so little. Here are the facts.
Total representation costs: $219,000
For a full crypto audit of 3 tax years
- Full Protection
- Shared Risk
- Full Protection
- Shared Risk
- Full Protection
- Shared Risk
- Full Protection
- Full Protection
- Full Protection
- Full Protection
- Full Protection
- Full Protection
Yes, out-of-pocket costs can be huge. Many audits are handled quickly and easily, however many audits that involve cryptocurrencies go all the way to U.S. Tax Court since the IRS likes to fight for every dollar they can get. Don’t let an unexpected IRS audit destroy your financial plans for a bright crypto future.
Which plan is best?
We offer three Audit Defense membership plans to meet the needs and budgets of different crypto traders and investors.
Choose a plan.
Full
Protection
For active crypto traders and investors
- Audit flag monitoringWe monitor your IRS account weekly for audit flags and alert you often one to six months before an auditor contacts you.
- Account status updatesWe provide a monthly summary report of your IRS account compliance status.
- Spouse coverageWe protect your current spouse for no additional cost if you report as married filing jointly.
- Initial risk review sessionWe offer an initial private consultation to help you maximize your membership by assessing your tax risks.
- Audit alert consultationIf we detect an audit flag on your account, we’ll meet with you to discuss your options.
- Account status supportIf there’s something unusual on your monthly account summary, we’ll meet with you to discuss it.
- IRS audit representationWhether the examination is done by mail/fax or an auditor is assigned, we assess the situation, prepare and submit the response, talk to the IRS (so you don’t have to), defend your rights, and escalate to management or appeals.
- IRS appeals challengeOnce the auditor finalizes his report, we challenge his findings before the IRS Office of Appeals to get you a better result.
- Tax court legal defenseIf tax court is preferable to appeals resolution, our attorneys will discuss your case with IRS lawyers, draft motions and documents, and litigate the case.
- Tax debt assistanceIf you have too much debt, we use IRS programs to create a monthly payment plan, designate your debt as uncollectible, appeal IRS collection actions, or propose an Offer-in-Compromise to settle your debt for less.
- Taxpayer advocacyIf your tax problem is getting lost in the IRS bureaucracy, we escalate the problem to the Taxpayer Advocate’s office and negotiate to fix the problem.
- IRS forensic analysisOur forensic accountants scrutinize the IRS’ crypto calculations for errors we can dispute.
- Courtroom expert witnessOur crypto tax expert witness testifies against the IRS’ claims in tax court.
- Crypto gain recalculationOur crypto analysts recalculate your crypto gains for tax years under audit to ensure their defensibility.
- Tax return amendmentWe file amended returns for the years under audit that benefit you.
Shared
Risk
For crypto portfolios under $200,000
- Audit flag monitoringWe monitor your IRS account weekly for audit flags and alert you often one to six months before an auditor contacts you.
- Account status updatesWe provide a monthly summary report of your IRS account compliance status.
- Spouse coverageWe protect your current spouse for no additional cost if you report as married filing jointly.
- Initial risk review sessionWe offer an initial private consultation to help you maximize your membership by assessing your tax risks.
- Audit alert consultationIf we detect an audit flag on your account, we’ll meet with you to discuss your options.
- Account status supportIf there’s something unusual on your monthly account summary, we’ll meet with you to discuss it.
- IRS audit representationWhether the examination is done by mail/fax or an auditor is assigned, we assess the situation, prepare and submit the response, talk to the IRS (so you don’t have to), defend your rights, and escalate to management or appeals.
- IRS appeals challengeOnce the auditor finalizes his report, we challenge his findings before the IRS Office of Appeals to get you a better result.
- Tax court legal defenseIf tax court is preferable to appeals resolution, our attorneys will discuss your case with IRS lawyers, draft motions and documents, and litigate the case.
- Tax debt assistanceIf you have too much debt, we use IRS programs to create a monthly payment plan, designate your debt as uncollectible, appeal IRS collection actions, or propose an Offer-in-Compromise to settle your debt for less.
- Taxpayer advocacyIf your tax problem is getting lost in the IRS bureaucracy, we escalate the problem to the Taxpayer Advocate’s office and negotiate to fix the problem.
Advisory
Monitoring
For crypto portfolios under $50,000
- Audit flag monitoringWe monitor your IRS account weekly for audit flags and alert you often one to six months before an auditor contacts you.
- Account status updatesWe provide a monthly summary report of your IRS account compliance status.
- Spouse coverageWe protect your current spouse for no additional cost if you report as married filing jointly.
- Initial risk review sessionWe offer an initial private consultation to help you maximize your membership by assessing your tax risks.
- Audit alert consultationIf we detect an audit flag on your account, we’ll meet with you to discuss your options.
- Account status supportIf there’s something unusual on your monthly account summary, we’ll meet with you to discuss it.
Services that are not included in a membership plan may be available for purchase separately and are based on staff availability. Services are only guaranteed for delivery if listed within the membership plan selected. If you receive an audit letter and are not at either the Full Protection or Shared Risk level, you will need to upgrade your plan and pay a significant retainer to engage our audit defense representation and defense services. For more information, refer to our Member Agreement.
Real life stories
A few months after joining as an Audit Defense Full Protection member, we alerted Joe of an impending IRS audit. We scheduled a call with him, laid out our defense strategy, and took over from there. Now Joe can sleep easy knowing we’ve got his back.
Mike was audited nearly three years ago and he just won his case in tax court. It would have cost him over $200,000 to defend himself, but with Audit Defense, we covered it all. We even provided a crypto tax expert witness that we flew to U.S. tax court. Now Mike is free from the grips of the IRS.
Crypto is life changing.
Crypto means different things to different people including personal liberty and financial freedom. Don’t let this amazing opportunity get threatened by incorrect tax reporting, inexperienced representation, or the high cost of a crypto audit.
CryptoTaxAudit has defended more crypto traders against the IRS than anyone in the industry, and no one else offers Audit Defense protection specifically for crypto traders. Like car insurance, though, the time to join is before you need it as benefits are reduced if you have already been selected for an IRS audit when you join.
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