Hopefully, if you have decided to get into the crypto currency business, you have done so for the purpose of making a lot of money...and by that I mean a lot of PROFITS...and anytime you have a lot of PROFITS; you have the IRS and other tax agencies like sharks swimming about look to claim their share of those profits. This is Kelly Coughlin, CPA and CEO of EverydayCPA. This is Part 2 of the five part series CRYPTOCURRENCY TAXES: Know What You Don't Know - 3 Rules of Three. In this episode we are going to help you understand the three types of accounts that can be used in your crypto currency business to help you better understand how to keep the tax sharks from a feeding frenzy on your crypto profits.