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4 tips for CPAs providing cryptocurrency tax services

The meteoric rise of cryptocurrencies brings many legal and regulatory repercussions that are still unfolding. As a CPA, manually filing cryptocurrency taxes for your clients can be a convoluted and arduous experience. The sheer scale of cryptocurrency exchanges, both foreign and domestic, as well as different avenues for investing and using them (i.e., mining or trading), makes them a novel asset class with few tools at your disposal to ease the burden of filing.

Rob S