In this digital age, many of us turn to apps and software to manage our finances. However, not consulting with a tax professional about your Bitcoin investments can be a mistake, as technology can never replace human creativity and innovation.
Bitcoin is currently witnessing a huge growth rate after it gained the attention of mainstream investors in early 2017. While Bitcoin is attracting a lot of investors it has also attracted the IRS, which is currently finalizing the details of how it will apply the tax code to Cryptocurrency investments, but one thing is for sure, that the IRS will apply taxes on Bitcoin investments.
At Ruchi Gupta CPA LLC we specialize in rules and regulations of Bitcoin and other Cryptocurrency taxes.
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