How to buy bitcoin in USA?

For those interested in purchasing Bitcoin in the USA, it's crucial to understand the process thoroughly. Could you elaborate on the initial steps involved in acquiring Bitcoin? What platforms or exchanges are typically recommended for US residents? Additionally, what should one consider when choosing a wallet to store their Bitcoin? Furthermore, are there any regulatory considerations or tax implications that US investors should be aware of? Finally, could you provide a brief overview of the verification and security measures typically required for purchasing Bitcoin in the USA? I'm particularly interested in the overall process from start to finish and any specific advice you might have for first-time investors.