iRS audit letter for crypto — sharing my story

I publish illustrative scenarios prepared by my practice. All participants and conversations are fictional. The fictional posts are not posts by real users, accounts of client experiences, or reports of actual results.
Illustrative scenario prepared by my practice.
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
Hypothetical question

Looking for advice on a legal issue. Here's what happened.

IRS audit letter for crypto. I've been dealing with this for about 4 months now and the situation isn't improving.

I have already consulted briefly with a lawyer but got conflicting advice.

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

Illustrative response

Following this thread — Bookmarking this. Dealing with almost the exact same thing.

Illustrative response

So this is more common than people think.

Here's where people usually go wrong is having everything documented. I'd recommend keeping a detailed timeline instead.

Illustrative response

Anyone else notice that companies respond much faster when you CC the state AG or include 'CFPB complaint pending' in your letter? It's like a magic phrase. They go from 'we'll look into it' to 'let's resolve this today.'