- IRS Tax Representation
- Back Tax Returns
- Reporting Your Gains/Losses Correctly
- Understanding Taxation on Cryptocurrency
- Seizure of Cryptocurrency Accounts
- Tax Avoidance Strategies
- Stay Up to Date with Everchanging Tax Laws
Cryptocurrency is considered “property” by the federal government, which means its owners would have to pay taxes on cryptocurrency itself before it can be used as a method of payment. In 2021 the IRS seized $3.5 billion worth of cryptocurrencies, accounting for 93% of all the assets seized by tax enforcement for the fiscal year. Tax Network USA provides a full spectrum of services to properly report and protect our client’s cryptocurrency.