CryptoTaxPrep.com is the industry leader in Cryptocurrency Tax Preparation. Visit us at https://CryptoTaxPrep.com to learn more and sign-up.
Millions of people invest in cryptocurrencies, to the tune of billions of dollars in trading volume worldwide. With the increasing legitimacy of Bitcoin and other cryptocurrencies, these assets are becoming more and more popular in the investment world. However, most people aren’t sure what virtual currencies are, how they work, or how they impact their tax liability.
If you’ve bought or sold cryptocurrency this year, you may be wondering how – or whether – you should report your earnings or losses to the IRS. A qualified cryptocurrency accountant has the skills and expertise to guide you through the upcoming tax season in a manner that limits your tax exposure and gives you critical peace of mind about your financial security. The licensed Certified Public Accountants at Happy Tax have been trained on the latest rules and regulations affecting cryptocurrency investors, and the company has become a one-stop-shop for all of your needs this tax season. Before you dive in, however, here are some frequently asked questions that many cryptocurrency investors may want to consider.
