July 6, 2022 • 19 mins
Cryptocurrency Pt 3 - Investments, Reporting, and Estate Planning
There are many pitfalls regarding investments in virtual currency. It gets worse when one fails to consider the reporting and recordkeeping requirements. It becomes untenable when one fails to incorporate virtual currency holdings as part of the estate plan – all the hard work in acquiring virtual currency assets and the financial gain associated addition to that is wasted by not focusing on the tax and other issues associated with leaving these assets to your loved ones. The Legal Tax Junkies will guide you through protecting your virtual currency assets and more!
There are many pitfalls regarding investments in virtual currency. It gets worse when one fails to consider the reporting and recordkeeping requirements. It becomes untenable when one fails to incorporate virtual currency holdings as part of the estate plan – all the hard work in acquiring virtual currency assets and the financial gain associated addition to that is wasted by not focusing on the tax and other issues associated with leaving these assets to your loved ones. The Legal Tax Junkies will guide you through protecting your virtual currency assets and more!
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