Yes, businesses can buy and payment processors like Square and available exchanbe your company is trading or if you are a financial planner, advisor, etc.
You can save thousands on your taxes. With a US limited liability company, there are no problems with this. The sole member of the LLC is required to report profits or losses as income on their individual tax return Form Apart from the taxation benefits of using a US LLC to trade crypto, the other two main benefits of using a company structure are: i Protection of Assets Firstly, it is important to realize that cryptocurrency or virtual currency is treated as a form of property by the IRS. United States.
