H & R Block Tax Institute encourages its clients to actively submit encrypted tax returns

The HR Block Tax Institute of the United States has recently informed its customers to comply with the requirements of the cryptocurrency tax proposed by the IRS. The company also encourages its customers to proactively file encrypted tax returns. The company revealed that the payment of crypto taxes depends on how they use their cryptocurrency as an investment, as a business, or as a miner. "If taxpayers buy bitcoin for investment purposes, the tax treatment is similar to buying and selling stocks."