According to a survey done by the Pew Research Center whose results were published in April 2023, 17% of Americans personally have invested in, traded, or otherwise used virtual currency. Additionally, the number of people investing in or engaging in transactions involving virtual currency continues to increase. These statistics strongly suggest that tax preparers must be aware of the nature of virtual currency and its tax treatment. This course provides crucial information about virtual currency transactions, directing the tax preparer's approach to many issues associated with this growing area of the economy.