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IRS Audit Letters can be daunting, but a thoughtful, prompt response is key. When you receive one, carefully review it to understand the reason for the audit. Gather relevant tax documents and receipts. Consult a tax professional for guidance if needed. Respond by the deadline, addressing the IRS's concerns directly and clearly. Cooperation and transparency can help resolve the audit smoothly.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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