Conaway & Strickler, P.C.

Representation nationwide. Clientele worldwide.

Call For a Free Case Consultation
404-445-6486

Cryptocurrency and allegations of tax fraud

In the digital era, there are all sorts of financial opportunities, such as those involving cryptocurrency. Unfortunately, some people are not familiar with their responsibilities, such as the tax implications of investing in cryptocurrency. In fact, legal obligations related to these investments can be unclear because this form of currency is relatively new. However, people who fail to report profits after cashing out might find themselves in hot water. In Atlanta, and across all of Georgia, it is essential for you to understand your obligations if you are a cryptocurrency investor and carefully review the details of your case if you are facing charges.

Cryptocurrency investments can be highly volatile and generate a considerable amount of uncertainty. In the years to come, more and more people will likely find themselves facing charges because they did not report their cryptocurrency investments. On top of tax problems related to these investments, people may also find themselves in trouble if they receive payments via this method. For example, someone may have been compensated for providing a service via Bitcoin or another cryptocurrency, not realizing that they had to report these payments as income on their tax return.

For those who are facing legal problems involving the federal government, it is extremely important to go over various legal options and figure out the course of action that is most sensible. If you browse to our law firm's page on tax fraud charges, you will have the opportunity to read more related to fraud allegations.

No Comments

Leave a comment
Comment Information

Send Us An Email Today

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Atlanta Office
75 Fourteenth Street NE
Suite 3000
Four Seasons Office Tower
Atlanta, GA 30309

Phone: 404-445-6486
Fax: 404-816-5004
Map & Directions

New York Office
405 Lexington Avenue 26th Floor
New York, NY 10174

Phone: 404-445-6486
Map & Directions