MARK KOHLERMain Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, LLC · Owner at Main Street Professionals, LLC

The IRS Will Find Your Crypto — Here’s Why

11 Dec 2025 · 1 min

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Mark Kohler explains why the IRS is coming for crypto traders. The Biden administration allocated $80 billion to expand IRS enforcement and create specialized crypto units. Unreported crypto gains count as tax fraud with no statute of limitations, meaning the IRS can pursue you years later with penalties, interest, and asset liens.

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President Biden allocated $80 billion to hire thousands of more IRS agents and create groups to go after crypto traders. This is why it's question number one on your tax return. This is it. This is the reality. And if some of you are like, well, the IRS hasn't come after me yet. If you don't report the income, there's no statute of limitations. It's called tax fraud. They can come after you ten years from now when they unravel the blockchain and go, what the hell, you never paid your tax. Then attack on penalties and interest. You'll be paying taxes the rest of your life with a lien against all your assets. I am so sorry. This may not be fun to hear. Crypto is just like stock is just like a buy a car, sell a car. It's an investment and you've got to pay tax when you make money, when you trade it, when you sell it, when you exchange it.