Wealth Managers Are Being Inundated With Calls About Bitcoin
By: Bloomberg - January 12, 2018
At 74, Cumberland Advisors’ David Kotok has guided wealthy clients through a long career’s worth of bubbles and crashes. Now he is being inundated with questions about the latest soaring asset to confound investors -- bitcoin.
** Disclaimer Required by IRS Circular 230** Unless otherwise expressly approved in advance by the undersigned, any discussion of federal tax matters herein is not intended and cannot be used 1) to avoid penalties under the Federal tax laws, or 2) to promote, market or recommend to another party any transaction or tax-related matter addressed.