What to do if you got an IRS letter 6173, 6174, 6174-A

Don’t panic, but urgent action is needed. I anticipated these letters in my book, “Why Crypto Traders are Low-Hanging Fruit for the IRS”. Read this book to help diagnose your situtation. There is time to fix your exposure and avoid penalties, but you must be decisive. You can still get tax amnesty.  Schedule a call on my calendar ASAP. I have a team of people ready to fix your situation, but we need to start soon. Click on the green button above to schedule time. 

Free e-book offer

This book explains the key aspects of U.S. income taxation of cryptocurrencies that every individual should know, but don't. The two most important things to know about reporting cryptos on your taxes is:

1) All crypto transactions must be reported on your income taxes, and

2) There are two anti-money laundering forms most traders need to file with their returns. Not filing these are subject to $10,000+ penalties.

I solve U.S. tax problems for Americans Abroad, with assets abroad, and cryptotraders. Whether you’ve received a letter from the IRS, need tax returns prepared, or need tax amnesty, We can help.

With clients in 47 countries, I’ve prepared over 600 tax amnesty returns. In 2018, I represented 97 clients before the IRS recovering over $600,000 of taxes owed or claimed by the IRS.

For cryptotraders, Igo beyond preparing a return to anticipating how the IRS will select returns to examine. We include the anti-money laundering reports and other advance techniques to avoid audits and examinations.

Books

Why Crypto Traders Are Low-Hanging Fruit for the IRS

The IRS knows already if you are a crypto trader. This book explains how they will pursue traders and explains a strategy to protect yourself.

10 Steps for a Great Crypto Tax Return

A how-to-guide for U.S. cryptotraders to report crypto activity on your tax return and anti-money laundering forms. This book is a must if you want to protect your crypto wealth.

Tax Amnesty Made Easy

Learn the secrets for getting tax amnesty and avoid $10,000+ in penalties.

Services

Prepare Returns

Prepare income tax returns for individuals and businesses. We are experts at expat tax returns and for those with foreign assets, corporations, and trusts.

Solve Tax Problems

Has the IRS contacted you? We can solve your problems. We fix bad returns. We negotiate with the IRS for you to get the best resolution, whether a payment plan, offer in compromise, or hidden rebate opportunities.

Crypto Traders

Cryptotraders have special tax challenges. We are experts at reporting cryptocurrency and defending clients before the IRS.

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About Clinton

Clinton Donnelly is an Enrolled Agent with a law degree specializing in the international laws of financial regulation including taxation. He specializes in income tax preparation and problem solving. He has a focus on the unique anti-money laundering and tax reporting needs of cryptotraders and Americans abroad.

He has been a conference speaker at International Living, Nomad Cruise, and NomadCity.

Being an E-file provider authorized by the IRS means we have committed to the IRS standards of data protection and integrity with client data. We use an online portal to exchange files in a secure and encrypted manner for your protection.

Enrolled agents (EAs) are America’s Tax Experts. EAs are the only federally licensed tax professionals who also have unlimited rights to represent taxpayers before the IRS. This symbol also means that I uphold the professional conduct guidelines set by the IRS.

By belonging to the National Association of Enrolled Agents, I am held to a high level of annual continuing education and keeping up with the highest levels of professionalism in my field.

The American Society of Tax Problem Solvers is the premier organization of tax professionals specializing in solving tax problems. 

Stay in Touch

Mailing Address: 12333 Sowden Rd. Ste B #95616, Houston, TX 77080 
Email: info@donnellytaxlaw.com  For fastest results, schedule a call using the green button at the top of the page.