Tax resolution attorney John Willis, CEO and founder of IRSALLSTAR talks about the start of cryptocurrencies and how they eventually attracted the attention of the IRS resulting in the eventual handing over of account information to the IRS .
Fairhope, AL, March 15 2018: Tax Attorney John Willis, CEO and founder of IRSALLSTAR.com, recently published a blog on his website entitled “Not So Secret Anymore – Cryptocurrency Accounts Exposed To IRS,” in which Willis agrees with advice given to those whose information has been handed over to IRS.
“The allure of cryptocurrencies began quietly in 2008,” says Willis, “allegedly created by someone called ‘Satoshi Nakamoto.’” He continues adding, “A small group of mostly technologically sophisticated people were aware of cryptocurrencies. Before long though, a mystique surrounded this supposedly untraceable digital currency and it came to the awareness of everyday people.” As Willis point out, “The value of cryptocurrencies began to skyrocket and became something to invest in.”
According to Willis, “For years, cryptocurrencies seemed to be of little to no interest to the IRS. “He continues adding, “But when regular folk began investing and holding accounts, they felt entitled to a piece of the action. Fast forward to 2017. The IRS has an active interest in taxpayers who hold cryptocurrency accounts.”
The entire blog can be read at: http://www.irsallstar.com/blog/not-so-secret-anymore-cryptocurrency-accounts-exposed-to-irs.php
ABOUT JOHN WILLIS
Mr. Willis believes strongly in supporting and representing the “underdog” and has devoted his entire professional life to protecting and defending those who need it most. As an attorney, Mr. Willis takes his role as “counselor” seriously. His knowledge, creativity and persistence are valuable assets that provide substantial benefits to his clients. He has represented individuals and businesses across the Gulf Coast for over 18 years and, he brings together an abundance of skills and experience that can be of assistance to almost anyone.
ABOUT THE IRSALLSTAR TEAM
The IRSALLSTAR team has developed a winning formula to ensure that each client’s individual needs are specifically met. Upon becoming a client of Mr. Willis’ law firm, that client’s immediate needs are assessed, and long-term goals are defined. Experienced professionals on the IRSALLSTAR team then assist each client in developing and implementing a custom-tailored game plan to provide both short-term and long-term relief from his or her serious tax problems. All firm clients are continually coached toward successful tax resolution and final victory over their challenges with the IRS and state taxing authorities.
To learn more about Mr. Willis and his law firm please visit http://www.IRSALLSTAR.com or call toll-free 877-254-4254.