There could be a big business in handling taxes on crypto soon. I hope you make enough so the fees are not an issue.
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There could be a big business in handling taxes on crypto soon. I hope you make enough so the fees are not an issue.
I took a serious hit on my unrealized gains last year. I wish I would have dumped more between 20k and 10k. I'm not complaining, but I really didn't expect us to fall below the 5k level.
The only other tax guy I found in my area was a city away, about an hour's drive. He specialized in crypto tax, but I got a weird vibe from him talking on the phone, and he wanted a LOT of money. Guy's that specialize in crypto tax are already in demand. I think you're right about that. We're starting to see a lot of online services open up too.
I got lucky finding a local accountant that has an interest in crypto. He understands the business and how to apply it to the tax codes. He's really reasonable too. He'll definitely be getting a wine and cheese basket this holiday season :)