Investing in crypto can be lucrative. Use our cryptocurrency purchase agreement to outline your contract with a crypto broker and simplify the process.While many states regulate virtual currency under existing money transmitter rules, specific cryptocurrency laws and regulations vary statebystate. This handy guide will give you a complete statebystate breakdown of cryptocurrency sales and use tax laws and regulations. Below is a summary of what each state has done to regulate cryptocurrency and blockchain technology using its own authorities. Use a Business Bill of Sale to set out the terms for the sale of a business and transfer the ownership and all assets to the buyer. Choose a business brokerage firm that will give you the attention you deserve. Sell or buy businesses today with Bristol Group Business Brokers. Smart contracts are not a substitute for a professional estate plan. Complete Form 8949 – You must report each cryptocurrency sale or exchange on IRS Form 8949, including the cost basis, sale price, and capital gain or loss.