Clinton Donnelly, LLM, EA, serves as the president and founder of CryptoTaxAudit. His credentials include an advanced law degree in international financial planning and taxation, and he’s a federally authorized tax practitioner. Additionally, Donnelly carries the designation of a Certified Cryptoasset Anti-Financial Crime Specialist, awarded by the globally recognized anti-money laundering training organization, ACAMS.
Podcast and Public Influence
Donnelly is not just a tax expert; he also hosts a weekly podcast on Spotify, “The Clinton Donnelly Show.” On his show, he imparts real-world strategies, proven tactics, and hosts insightful discussions with experts and influencers about crypto, taxes, audits, and the changing regulatory landscape surrounding cryptos. Widely quoted in the media, Donnelly’s thoughts have appeared in outlets like Business Insider, CoinDesk, Cointelegraph, Yahoo! Finance, and The Wall Street Journal.
IRS Engagement and Tax Methodology
At the heart of his work, Donnelly actively engages in IRS crypto tax audits, frequently securing significant tax refunds for his clients. He devised the “bulletproof crypto tax return methodology,” a potent filing and disclosure technique, which his firm employs to prepare client tax returns. His team has a strong record, having lodged thousands of crypto tax returns and successfully represented over 40 clients in IRS crypto audits. They have also filed over 1,200 tax amnesty returns and prepared more than 3,000 crypto tax returns.
Social Media Presence and Publications
Known as the @CryptoTaxFixer on Twitter, Donnelly specializes in resolving IRS tax issues for crypto traders and investors. Serving clients in 71 countries, his unique skill set caters to US taxpayers’ specific needs for foreign reporting, anti-money laundering, and tax reporting. Donnelly also authored six books focused primarily on US tax reporting, cryptocurrency taxes, and foreign reporting regulations.
CryptoTaxAudit and Audit Defense
CryptoTaxAudit, Donnelly’s company, provides its clients with Audit Defense, its primary membership service. This service emerged in response to the escalating cost of defense against the IRS’s virtually unlimited enforcement budget and their growing focus on crypto owners. Audit Defense membership plans are curated to accommodate the needs and budgets of every crypto trader.