Articles Posted in IRS audit

What to Do When You Receive an IRS Notice in the Mail
Kugelman Law
IRS notice

There are few things more anxiety-inducing than finding a letter from the Internal Revenue Service in your mailbox. Your mind might immediately jump to the worst-case scenario: a full-blown audit. While some notices are indeed serious, many are routine requests for information or notifications of minor adjustments. The most important thing is not to panic—and…

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IRS Audit Red Flags for Crypto Traders in California
Kugelman Law
crypto tax audit red flags

The IRS is no longer taking a passive approach to cryptocurrency. With advanced data analytics and information from crypto exchanges, the agency is actively identifying taxpayers who may have underreported or failed to report their crypto gains. For crypto traders in California, a state already known for its rigorous tax enforcement, the risk of an…

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