IRS Audits & Exams
“I am being audited for my massive cryptocurrency trading losses, how do I provide the IRS with a clean transaction history if my exchange went bankrupt?”
An IRS audit involving cryptocurrency losses often turns on how the activity can be reconstructed when an exchange is no longer available. The main factors usually include what records still exist from the exchange, wallet transfers, bank and credit card statements, and any third-party statements or downloaded transaction files gathered before the bankruptcy. The IRS often looks for a clear trail showing dates, counterparties, and cost basis, so the quality of backup documentation can matter as much as the exchange history itself. The bankruptcy status of the platform and the type of trading activity involved can also shape how the records are presented. A focused session can map this against your actual situation in plain English.
In your 60-minute session, the KGOB advisor handling it will:
- Read your exact situation and tell you, in plain English, what’s actually going on.
- Lay out your options and the trade-offs — no jargon, no judgment.
- Give you a clear next step you can act on, whether that’s with us or on your own.
“I lost all my physical receipts from a year I am currently being audited for, can I use credit card statements and bank logs to prove my business expenses?”
“I just got a Letter 525 proposing thousands in changes to my tax return, how do I officially request an appeal conference with the IRS Independent Office of Appeals?”
“I am going through a correspondence audit specifically regarding my home office deduction, what specific photos, blueprints, or logs will the examiner want to see?”
“The IRS completely disallowed my claimed dependents during an audit, what specific legal documents or school records do I need to prove that they live with me?”
This page is a prompt to start a conversation, not tax or legal advice, and states no tax-law specifics as fact. A consult session does not by itself create an ongoing engagement. We do not promise specific outcomes or savings. Kohari Gonzalez Oneyear & Brown PLLC — Charlotte, NC.
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