Back in 2013, Tyson Cross, a tax attorney in Reno, Nevada, helped a few dozen of his clients report cryptocurrencies on their tax returns.
Today, that business has mushroomed.
“I did close to 1,000 consultations last year where I talked to people who have income from cryptocurrencies and tax questions,” Cross said. “They realize the wild west days are coming to an end.”
“The IRS knows many people have made tremendous wealth with cryptocurrencies,” Cross said.
