The IRS is warning thousands of cryptocurrency holders to pay their taxes.

The Internal Revenue Service is sending letters to 10,000 digital currency holders who potentially failed to pay the necessary taxes or improperly reported taxes on their digital assets last year.

In some cases, the IRS says taxpayers could be subject to criminal prosecution.

Taxpayers should take these letters very seriously by reviewing their tax filings and, when appropriate, amend past returns and pay back taxes, interest, and penalties.

Are you sure you are correctly declaring the money generated through cryptocurrency trading?

It is impossible not to notice that, in recent times, the web is full of business opportunities and new online earning methods that intrigue and capture the attention of many people.

Whether you are an experienced trader or you have just started investing in cryptocurrencies, are you sure you are aware of all the limitations and obligations imposed by law on your earnings?

Of course, you can pretend that there is no law and continue to earn money online by declaring it the wrong way, or worse, not declaring it; but sooner or later the consequences will come.

Generating money, whether offline or online, almost always involves the obligation to declare that money, and pay the respective taxes.

Even though this approach to the tax issue may seem too direct, but it is necessary.

It's time to act before it's too late.
Avoid taking unnecessary risks by choosing a professional to be by your side.

Ross & Associates is one of the only full-service accounting firms able to manage the accounting and taxation of your online revenue generated through cryptocurrency trading with extreme transparency and professionalism.

Many accounting firms do not have much experience in the management and accounting of revenues from cryptocurrency trading.

Unlike our competitors, Ross & Associates offers targeted services for traders like you, directing them to the right path to be legal, thus avoiding having to suffer the consequences and very high penalties.

Don't wait any longer.

Avoid the risk and declare your earnings with the support of the best experts in the area of cryptocurrency taxation.

Contact Ross & Associates now by filling out the form here!