Digital Currency
Latest News
IRS ‘Get Ready’ Campaign Helps Taxpayers Prepare for Filing Season
Trump Nominates Hedge Fund Exec Bessent to Lead Treasury Department
The Top Toys and Gifts for the 2025 Christmas and Holiday Season
Professionals on the Move – Nov. 2024
The Important Change to IRC §1031 Exchanges With the New Tax Law
A Section 1031 Exchange is a like-kind exchange. Before the new tax law, if you had anything classified as property, you could exchange that property for property that was like-kind, and avoid the capital gains tax on the transactions.
How a 100-Year-Old Unbreakable Cipher Will Transform Digital Security
Today’s security protocols perform cryptography in all kinds of electronic networks, from sound to SMS texting to Internet web pages: but none of them use Gilbert’s OTP! So why doesn’t cryptography use this perfect Unbreakable cipher?
Why and How: A Strategy for Innovation
Over the last two to three years we have watched pundits and consultants promote ideas around emerging technologies. Some of the claims are ludicrous, loony, and ill-informed. Others are trying to position, parlay and learn. You’ve seen this column ...
Be Relentless in the Pursuit of Change
Has your firm started the transformation to advisory services? If not, in the not so distant future you will be too behind to catch up. That sounds harsh, but it’s better to face the reality that soon the gap will be so wide that your options for ...
Keynote Speakers Announced for AICPA Engage
Two conferences have been added to the AICPA ENGAGE lineup this year – the EDGE Career Development Conference, designed for standout young CPAs, and the CPA Firm Management Association’s National Practice Management Conference – bringing the total ...
Cryptocurrency, Initial Coin Offerings and Subpart F Income
Income from a CFC is not taxed until it is repatriated to the US. In crypto, this would happen when the money is sent to the US based company. Let’s say the US company sells widgets to the foreign corporation at cost. The foreign corporation is set up ...
Blockchain & Bitcoin: Why The Accounting Profession Should take Notice
Bitcoin, which has been plastered all over the news lately, is the new green – as in currency. Since Bitcoin’s founding in 2009, the cryptocurrency has had many ups and downs. Currently, at the time of this writing, Bitcoin is sitting above $10,559 per to
Finance Sector Faces Disruptive Technologies
Electronic payments. Cryptocurrency. Artificial intelligence. What once were words in science fiction movies are moving into the realm of possibility in commercial payments and banking, according to TD Bank's 2017 Treasury Management Survey.