What Is IRS Letter 6174-A? Crypto Tax Warning Explained for Traders & Investors

The IRS is watching — and 6174-A is their first move.If you trade crypto and got this letter (or fear one’s coming), you need to understand what it really says — and what the IRS isn’t telling you. In this episode, Clinton Donnelly breaks down:🔍 What You’ll Learn:The true purpose behind IRS Letter 6174-A (hint: scare tactics)- Why calling the number on the letter is a trap- What this letter reveals about your Coinbase/Binance history- Which tax years the IRS can still audit — and which are already closed- The affordable way to monitor your IRS account weekly (Tax Shield)🎯 Worried about an audit? We’ve got your back.👉 Free crypto tax course — link below 👇https://www.cryptotaxaudit.com/taxshield🕒 CHAPTERS0:00 – 😱 IRS Letter 6174-A: What You Need to Know0:34 – Where to Find the Letter Number1:00 – DO NOT Call This IRS Hotline2:00 – What the Letter Really Says About Your Crypto3:15 – What Tax Years Are Still at Risk?4:10 – Why the IRS Sent You This4:45 – What You Can Do Right Now to Stay Safe5:25 – How Tax Shield Gives You a Heads-Up (Before the Audit Hits)6:10 – Final Thoughts + Free Resources#irscrypto #cryptotaxes #irs #6174 #cryptoaudit #taxshield▬▬▬▬▬ SPONSOR ▬▬▬▬▬🐋 Sponsor: CryptoTaxAuditCryptoTaxAudit is the ultimate solution for ensuring your crypto taxes are precise and fully compliant with the latest regulations. With expert guidance and support, you can avoid costly penalties and enjoy complete peace of mind. Don't take any chances with your hard-earned assets. Become an IRS Guard Dog member today and take control of your financial future! Visit CryptoTaxAudit.com today. Visit 👉 https://www.cryptotaxaudit.com/?afmc=yt▬▬▬▬▬ NOTICE ▬▬▬▬▬⚠️ 𝗕𝗘𝗪𝗔𝗥𝗘 𝗢𝗙 𝗦𝗖𝗔𝗠𝗠𝗘𝗥𝗦 𝗜𝗡 𝗢𝗨𝗥 𝗖𝗢𝗠𝗠𝗘𝗡𝗧𝗦 𝗔𝗡𝗗 𝗖𝗢𝗠𝗠𝗨𝗡𝗜𝗧𝗬 𝗖𝗛𝗔𝗡𝗡𝗘𝗟𝗦We will never ask you for your personal information on social media. Beware of people masquerading as our host, guests, or sponsor company.📜 DisclaimerThe content in this video is for educational and entertainment purposes only. While we aim to provide accurate and up-to-date information about cryptocurrency taxation, this is not intended as legal, tax, or financial advice. Always consult with a qualified tax professional to ensure compliance with IRS regulations and accurate reporting of your cryptocurrency transactions.Related search terms: irs letter 6174-a, crypto irs letter, cryptocurrency tax notice, tax shield crypto, irs virtual currency letter, irs crypto enforcement, coinbase irs audit, binance tax reporting, irs crypto tax 2025, tax shield irs monitoring, letter 6174-A explained, irs crypto risk, crypto audit notice, cp2000, cp504, crypto tax reporting, irs crypto tax compliance