Remove Alaska Remove audit Remove financial accounting Remove Government
article thumbnail

What Happens if You Don’t Report Cryptocurrency on Taxes?

inDinero Tax Tips

The anonymous and decentralized nature of blockchains have led many to believe their crypto trades are hidden from the government. As many IRS audits and prosecutions have shown, this is not the case. Quick Note: This article is provided for informational purposes only, and is not legal, financial, accounting, or tax advice.

Tax 98
article thumbnail

What Happens if You Don’t Report Cryptocurrency on Taxes?

inDinero Tax Tips

The anonymous and decentralized nature of blockchains have led many to believe their crypto trades are hidden from the government. As many IRS audits and prosecutions have shown, this is not the case. Quick Note: This article is provided for informational purposes only, and is not legal, financial, accounting, or tax advice.

Tax 52