Digital Currency
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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
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“Whole Ball of Tax” Website Provides Tax Season Resources for Pros
The Whole Ball of Tax (WBOT) website offers resources curated by our tax experts that are designed to help keep members of the media apprised of key developments affecting taxpayers. The information is delivered in a user-friendly, easy to find and ...
Ledgible Introduces Free Crypto Tax Estimate Tool for Tax Extension Filing
The Ledgible Platform supports a wide range of integrations across major blockchains, cryptocurrency exchanges, and wallets. As the bridge between cryptoassets and traditional financial accounting, the Ledgible Crypto Platform is the ...
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6 Business Payment Trends in 2022
The new imperatives of work from home drove more change in the long overlooked area of B2B payments than we’ve seen in decades. But there’s more room for improvement. This is a huge market--$22 trillion domestically--where banks still have 90% market ...
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10 Companies Chosen for AICPA Startup Accelerator
The Startup Accelerator supports the growth of early-stage technology companies throughout the accounting and finance ecosystem. It also provides the AICPA and CPA.com more visibility into disruptive trends from emerging technologies that are ...
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Decrypting Tax Season: How to Understand Cryptocurrency Taxation
Reporting cryptocurrency transactions to the IRS can be a complicated process, and while the IRS has put together a helpful FAQ, the Illinois CPA Society encourages taxpayers to partner with a CPA ...
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Bennett Thrasher Announces Continued Accelerated Growth in 2021
The firm and its subsidiaries now employ 53 partners and over 350 associates across the firm. In 2021, the company invested in newly created operational positions, including the first chief growth officer and chief financial officer.
Aliaswire Launches New Bank Account Validation Solution
The regulation was first announced by Nacha in March 2021 with a one-year grace period for compliance. As of March 19, 2022, ACH originators must use account validation as a “commercially reasonable fraudulent transaction detection system” to screen ...
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Taxpayers Should Take These Steps Before Filing Income Taxes
While taxpayers should not file late, they also should not file prematurely. People who file before they receive all the proper tax reporting documents risk making a mistake that may lead to processing delays.