State Tax Issue — IRS audit letter for crypto

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

IRS audit letter for crypto. I've been dealing with this for about 14 weeks now and the situation isn't improving.

I have already consulted briefly with a lawyer but the other party is not cooperating.

Am I overthinking this or is this a real legal issue worth pursuing?

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.

Licensed attorney — a few thoughts. Here's my take on the legal issues.

This is a common situation and the law is fairly clear. Under the relevant statute, actionable.

I'd recommend documenting everything in writing from this point forward. Keep copies of all communications.

I've dealt with this before.

What worked for me was hiring an attorney to send the initial letter. It took 2-4 months but was worth it.