Crypto Tax Prep Business Booms as Trading Surges and IRS Tightens Screws

Crypto Tax Prep Business Booms as Trading Surges and IRS Tightens Screws

However, some incumbents are building rather than buying: “At Jackson Hewitt, we train our tax pros on tax preparation using our internally sourced training materials (which includes what cryptocurrency is and how to handle it on a tax return) and create our own tax software that can handle cryptocurrency, whether it is payment for a business, payment to a client or investing,” Steber said. The company does not have “an account management or crypto support for portfolio issues,” he said.

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