Tax, Risk and Cryptocurrency

Louise Reed will share with you her knowledge about tax and cryptocurrency

“It is not uncommon during the implementation of the tax code to find areas of grey. This will be a discussion about using examples of reasonableness in current tax law to guide cryptocurrency users to find their level of comfort with risk and choices they can possibly make to mitigate both taxes and risk…or not.”

Louise W. Reed as a graduate degree in Physics from Duke and Accounting from University of North Carolina – Chapel Hill. She has been a licensed CPA since May 2004 and has owned her own public accounting firm since 2007. She specializes in working with small businesses, especially those using QuickBooks. In the fall of 2016, the math behind blockchain intrigued Louise, after which she established her first Coinbase account, buying Bitcoin for the first time in February 2017. Since then, she has attended a Bitcoin conference in Austin, Texas and a blockchain conference in Silicon Valley. She will be traveling to a conference in the Bahamas around the intersection of Wall Street and Crytocurrencies. At the Bitcoin conference this past fall she heard two different CPA firms – each giving conflicting comments - give their interpretation of the tax code with respect to this new disruptive space. Having personally invested in cryptocurrencies and blockchain technologies herself, Louise has been asked by several people to be a consultant in that regard. The firm currently accepts all cryptocurrencies supported by CoinBase.com.