pull down to refresh

If you've ever received a CP2000, Letter 566, or any other IRS letter mentioning crypto — this is for you.

Tool: https://ai.exitvelocitybtc.com/audit-defense

CPAs charge $500-2000 to draft these response letters. The legal arguments are mostly the same. The citations are the same. AI does the draft in 60 seconds.

You paste:

  1. The IRS notice text (skip personal identifiers)
  2. Your side of the story in 1-3 sentences

AI returns a formal response letter citing:

  • IRS Notice 2014-21 (Bitcoin is property, not currency)
  • IRS Publication 550 (capital gains)
  • Rev. Proc. 2019-09 (specific identification safe harbor)
  • IRS Form 8949 Instructions
  • IRC §1012 (basis of property)
  • IRC §1221 (capital asset definition)
  • Where applicable: FAQ on virtual currency transactions (wallet-to-wallet transfers not taxable)

Personal identifiers come back as [bracketed] placeholders so you customize before sending.

Important caveat: I designed it as a DRAFT for your CPA or tax attorney to review. You should NEVER send anything to the IRS without legal review. The tool generates the structure + citations; the review is yours.

But you've now bypassed the $500-2000 draft fee.

Privacy first:

  • No signup, no account
  • Notice text is processed once and discarded
  • Tool runs on Cloudflare Pages with Gemini Flash backend

Why this matters for Bitcoiners:
The IRS has been ramping up crypto enforcement for years. Coinbase 1099s, Kraken disclosures, John Doe summons. The notices are coming. Self-custody Bitcoiners are in a particularly vulnerable position because we don't have a SaaS company holding our records — so we need to be sharper on the response side.

I built this so the response side becomes commodity.

Feedback:

  • Edge cases I missed? Specifically thinking about: foreign exchange disclosure issues, mining income classification, NFT/multi-asset cases (this is Bitcoin-only by design)
  • Citation freshness — if any of the cited regulations have been superseded by 2025-2026 guidance I missed, tell me

Built by Exit Velocity. Free Bitcoin tax calculator at huggingface.co/spaces/Exitvelocitybtc/bitcoin-tax-calculator. Substack: exitvelocitybtc.substack.com.

Think in Bitcoin.

Are you out of your mind?

Free Bitcoin tax calculator

Total bullshit. There's no such tjing as bitcoin tax.
Only idiots pay taxes.

reply