Digital Currency

One of the biggest challenges for crypto holders and tax professionals is to account, track, and manage all the crypto data across multiple wallets and exchanges to calculate gains/losses and income. Holders do not receive monthly statements and this ...

Sales transactions are presumed taxable in states with a sales tax (unless there’s a specific exemption or exclusion), most states haven’t yet clarified which sales tax laws apply to sales made in the metaverse. When will they start?

State of Community Banking reveals the story of a financial services segment bucking macro trends; community banks are maintaining their physical banking locations. In fact, 84% of respondents haven’t closed a single branch in the past 12 months – and ...

The IRS Criminal Investigation division began counting down the top 10 cases for calendar year 2021 on its Twitter account on Jan. 3. These cases include the agency’s most prominent and high-profile investigations of 2021.

Cryptocurrency is becoming increasingly popular as a payment method and investment opportunity, which means CPAs will be dealing with this technology more frequently. CPAs must become cryptocurrency experts to protect their clients’ assets and ensure ...

Accounting professionals’ use of technology reflects their role as trusted advisors to businesses, nonprofits and individuals. For many years they have been using and applying advanced technology such as artificial intelligence and technology-enabled ...

Duff & Phelps, A Kroll Business, the world’s premier provider of valuation, corporate finance, governance, risk and transparency, announced that Philippe Penelle has joined as a managing director based in Los Angeles, California. Penelle leverages over two decades of experience designing, valuing and defending transfer pricing structures on behalf of multinational clients and their counsel. […]

Advances in technology, the pandemic-related shift to a fully digital workplace and rapidly evolving business models are creating huge opportunities for CPA firms – provided they take the necessary steps to stay ahead of the curve, said Erik Asgeirsson.