Digital Currency
Latest News
IRS Shares Five New Warning Signs of Incorrect ERC Claims
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
Sam Bankman-Fried Arrested in Bahamas as U.S. Files FTX Charges
The disgraced co-founder of digital-asset exchange FTX is being held in custody pending an extradition process.
Your Firm and Your Providers
While a December column would frequently predict or suggest changes for the coming year, it is time to take a longer view.
Overshadowed by Failures, Crypto Hacking Exacts Higher Price
Hackers made off with more than $3 billion in digital assets so far this year, according to research firm Chainalysis.
Crypto Pressure Ratchets Up as FTC Probes Several Firms Over Ads
“We are investigating several firms for possible misconduct concerning digital assets,” the FTC said in a statement.
Predictions for the Accounting Profession: 2023 and Beyond
The end of the year means it’s time to get ready for another busy season and to tune up your strategic plans for the years ahead.
Donor-Advised Funds Offer a Charitable Way to Harvest a Tax Break
The number of DAFs has nearly tripled to 1.3 million since Congress approved the Tax Cuts and Jobs Act in 2017.
Tax Changes 2023: Key Compliance Concerns Facing Businesses Today
There are more than 13,000 sales and use tax jurisdictions in the United States, and rates in each jurisdiction are subject to change as new taxes are adopted or old ones expire.
FTX’s Missing Billions Remain a Mystery Following Bankman-Fried Interview
“I made a lot of mistakes. I didn’t ever try to commit fraud on anyone,” FTX founder Sam Bankman-Fried told the NYT.