Cryptocurrency and taxes: What tax professionals need to know

The rising popularity of cryptocurrency investment, coupled with the IRS' virtual currency question on page 1 of Form 1040 has made it a must-know subject for tax pros. To help you serve your crypto clients successfully, we've created this guide, which provides a brief overview of cryptocurrency, along with details of what the IRS considers a taxable event, how to determine capital gains and losses, and much more.