Sasan Goodarzi, CEO of Intuit, said that crypto investors may face surprise obligations during the upcoming tax season.
Speaking to Bloomberg, Goodarzi said that all crypto investors have piles of documents containing all their transactions.
Failing to draw a conclusion from the question “What does this mean for my taxes” causes fear, uncertainty and doubt.
Intuit, the maker of TurboTax and many other software, predicts that customers making crypto transactions on tax returns will more than quadruple this fiscal year. Goodarzi said the company will work to educate its clients on the tax implications of the investment.
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