Receiving an official IRS notification of an audit can lead many to panic and stress about the unknown that lies ahead. However, an audit defense can be successfully handled with a level-headed and cerebral approach.

Alex Kugelman joins the show and outlines what a cryptocurrency audit looks like, and the best practices for handling one properly. Alex walks us through the various factors that could trigger a crypto audit and answers some common questions crypto traders should know the answer to.

 

Episode Highlights

00:52: The Basics – What Triggers An Audit
03:37: What To Do If You Receive A 1099-K
19:30: Benefits of Audit Defense Specialists
24:25: Crypto Audit FAQs

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