Cryptocurrencies like Bitcoin, Ethereum, and others seem to have found a solid foothold in the ever-evolving landscape of finance and technology. The intersection of virtual currency and taxes is an increasingly important topic for preparers and investors alike, so we at Drake Software are continuing to watch the trend.

Our team conducted a comprehensive survey involving over 1,990 tax professionals, delving into several critical aspects of virtual currency and its implications on tax matters.

Topics addressed include:

• Percentage of clients who hold virtual currency
• Virtual-currency certifications
• Fees for preparing returns with digital asset transactions
• Software for reporting digital assets

Download the 2023 Virtual Currency and Taxes Infographic for the results!

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Drake Software – Professional Tax Software

Drake Software is a complete professional tax preparation program for federal and state returns, business and individual. See why professional preparers vote Drake #1 year after year.