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
Surgent Launches Gamified CPE Courses to Make it More Fun
“Max the Tax” is the first series from “Surgent Interactive”, a new line of short, game-based online courses to keep accounting, tax and financial professionals engaged while they develop skills and earn CE credits.
Ledgible Announces Crypto Staking Tax Options in Light of Developments in Lawsuit Against the IRS
Ledgible, a professional platform for tax and accounting of crypto assets, has announced upcoming reporting options for staking rewards in light of the recent announcement concerning the lawsuit against the IRS over staking rewards, released by the Proof of Stake Alliance (POSA). “As there still remains differing positions around how staking rewards are taxed, Ledgible […]
The Top 10 Scams of 2021
In 2021, the median fraud loss reported to the NCL Fraud.org campaign hit a 10-year high of $800, according to the organization’s annual Top Ten Scams Report.
3 Cybersecurity Trends CPAs Must Address This Tax Season
Tax professionals need to account for shifting cybersecurity risks before a frenzied tax season captures their time and attention. Here are three cybersecurity trends that CPAs and accounting firms must address this tax season.
Verady Launches the Ledgible Crypto Platform
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 ...
States Look at Taxing the Metaverse, But What is It?
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?
Community Banks Buck Trend by Keeping Brick-and-Mortar Branches Open
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 Top 10 IRS Criminal Cases of 2021
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.