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Virtual currency: IRS issues additional guidance on tax treatment and reminds taxpayers of reporting obligations

October 14, 2019

Expanding on guidance from 2014, the IRS is issuing additional detailed guidance to help taxpayers better understand their reporting obligations for specific transactions involving virtual currency. The new guidance includes Revenue Ruling 2019-24 and frequently asked questions (FAQs). Continue Reading

Blockchain Technology – The Digitization of Trust & Truth

August 14, 2019

The very first question most people ask about blockchain is “What is it?” I like to reply with the answer “The digitization of trust and truth.” Continue Reading

Recent attacks show that blockchains can be hacked

February 21, 2019

Blockchain technology has been touted for the security it provides, but recent incidents show it can be breached by hackers in certain circumstances. Continue Reading