Accountants move into cryptocurrency

Accountants are delving into the complexities of digital currencies such as Bitcoin and Ethereum to help their clients keep track of cryptocurrency assets and transactions, as well as the tax consequences, according to a new report.“In the past two or three years, especially with the crypto boom in 2017, it really caught a lot of people by surprise and created issues and complexities that are resulting now or over the past year,” said Muroch. “Those kinds of issues surface when you need to go through an audit or to pay your taxes.”

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