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⚠️ 75% Traders Underreporting Income! HUGE Consequences Explained 🚨

Season #2

Attention all US-based crypto traders! The IRS knows that approximately 75% of crypto traders need to report their crypto income on their tax returns. The IRS is using a new technique that we call "portfolio reconstruction" to identify underreported income.

Additionally, they are using AI and machine learning tools to go after those who fail to report their income. Failing to report your crypto income can lead to severe consequences, including hefty fines, imprisonment, and long-lasting damage to your reputation.

Watch this video now to understand why it's crucial to report all crypto income accurately to the IRS.

Taxes can be confusing and overwhelming. That's where comes in. Our team of experts specializes in cryptocurrency taxation and can help you accurately report your income, potentially avoiding any negative consequences.

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CryptoTaxAudit is the ultimate solution for ensuring your crypto taxes are precise and fully compliant with the latest regulations. With expert guidance and support, you can avoid costly penalties and enjoy complete peace of mind. Don't take any chances with your hard-earned assets.

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Disclaimer: All opinions expressed by the show's host and guests are their own. Do not construe them as tax, legal, or financial advice. In addition, they may not represent the policies or opinions of our sponsor, CryptoTaxAudit—research legal, tax, and financial guidance and advice as needed.