Op Ed: Cryptocurrency’s Unrealized Opportunities for U.S. Tax Professionals

The market for cryptocurrency tax services is growing rapidly, and it is providing forward-thinking tax professionals with an opportunity to capture oversized profits. While we’ve seen the market cap of bitcoin and other cryptocurrencies dramatically fall from around $800 billion at its height to around $200 billion today, the number of developers, traders, companies and professionals joining the larger cryptocurrency and blockchain ecosystem has continued to increase in spite of this “crash.” What Does This Mean? For starters, it means that blockchain and crypto are very real technologies that aren’t…