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The Federal Reserve is continue to evaluate the costs, risks, and benefits of launching its own digital currency. Continue Reading
You might need convincing, but it’s true: Narrowing your focus can actually expand your client base and help your firm flourish. Continue Reading
The Department of Justice may not consider cryptocurrencies as property for tax purposes, contradicting previous guidance provided by the IRS. Continue Reading
As more employers transition to providing crypto paychecks, tax professionals and employees should consider the different tax requirements of crypto payments. Continue Reading
While the impact of artificial intelligence and robotic process automation continues to grow, many tax professionals are underestimating the future of blockchain. Tax and accounting firms should prepare for and adapt to changes brought by blockchain. Continue Reading
NFTs are bigger than ever, but the tax rules surrounding these digital assets remain unclear. Continue Reading
The IRS has provided some guidance on reporting standards for cryptoassets, but more comprehensive tax guidance is still needed. Continue Reading
A new Senate proposal may impact cryptocurrency transactions. Continue Reading
Increasingly, it's crucial for accounting professionals to be at least somewhat familiar with blockchain, cryptocurrency and other forms of future-focused technology that are quickly changing the way the world does business. If you're ready to take your knowledge a step further, Ian Khan, the Futurist, encourages you to learn about non-fungible tokens, or NFTs, which are based on blockchain technology. Continue Reading
Recent developments in blockchain and cryptocurrency and what they might mean for accounting practitioners moving forward. Continue Reading