Crypto Crackdown Is Here: The IRS Is Watching Your Wallet: Are You Ready?
The IRS has unleashed sweeping new regulations on digital assets that could devastate unsuspecting taxpayers. Beginning in 2025, Form 1099-DA will report all crypto and NFT transactions—meaning the IRS will know every move you make. Whether you bought, sold, traded, or moved coins between wallets, your actions could now trigger a tax event. The risk? Frozen bank accounts, levies, and aggressive enforcement. Steve Perry, EA, breaks down what these changes mean for you and why immediate action is essential. With deep knowledge of digital asset rules and IRS collection procedures, Steve helps taxpayers protect their finances before the IRS comes knocking. Contact Steve today at (678) 717-9818 or [email protected], and send him a message on LinkedIn at www.linkedin.com/in/steveperrybtm. Don’t assume your crypto is safe—the IRS isn’t guessing anymore. They’re tracking.