Estimated Tax Payments — IRS audit letter for crypto

Started by throwaway_employee_today · Sep 4, 2023 · 1,531 views · 1 reply

For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.

throwaway_employee_today OP Jun 25, 2025

I'm dealing with a situation and need some guidance.

IRS audit letter for crypto. I've been dealing with this for about 15 weeks now and the situation isn't improving.

I have already consulted briefly with a lawyer but did not get a clear answer.

Should I hire a lawyer for this or try to handle it myself?

newbie_dev_FL Jun 26, 2025

I work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle.

CTC

CryptoTax_Confused Jan 11

Final update on my case: settled for the full amount I demanded, plus they covered my filing costs. Total time from demand letter to settlement: 6 weeks. The key was having a well-documented demand with specific legal citations and a clear deadline. They knew I would follow through.

Estimated Tax Payments — IRS audit letter for crypto

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