Bitcoin Tax Accounting
Filing taxes on bitcoin losses, gains, and any bitcoin earned income is necessary to avoid additional taxes or penalties by the IRS. Different bitcoin activities create different taxable events.
Investing Bitcoin in a Trust
Bitcoin investors looking to pass their wealth on to future generations, while keeping their bitcoin private and secure, should consider investing bitcoin in a trust.
Investing Bitcoin in Retirement Accounts
Adding Bitcoin to an individual retirement account can be beneficial for investors who want to diversify and can tolerate volatility. Investors should be aware of the different types of retirement accounts and the fees associated with them.
What Happens to Your Bitcoin When You Die?
Thousands of Bitcoin have been removed from circulation after the death of the owner, due to an inability to recover their assets. Proper planning can reduce the risk of your Bitcoin investment being lost.
