Cryptocurrency
Cryptocurrency
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Here’s hoping that fewer last-minute changes will make for easier filing.
February 27 -
Blockchain became a buzzword and may have seemed overhyped, but now, the promises are becoming a reality.
February 19 -
ACCA calls for a middle ground on artificial intelligence, cryptocurrency tools for tax professionals, and more.
February 17 -
The Internal Revenue Service could be doing more to help taxpayers who own Bitcoin and other forms of cryptocurrency to comply with their tax obligations, according to a new report.
February 13 -
Accounting Today’s editors pick the best new and most improved tools and resources for accountants from the last year.
February 7 -
The platform offers accounting, payments and invoicing functionality.
January 29 -
The company has also partnered with Verady, a crypto-focused accounting firm, to acquire reliable data on the volatile virtual currency markets.
January 10 -
Accounting firms are beginning to wade into the use of blockchain technology for audits, but with caution as the technology spreads beyond the cryptocurrency space where it’s been used for digital assets like Bitcoin.
January 9 -
The American Institute of CPAs’ Digital Assets Working Group has released a practice aid to offer guidance on how to account for and audit digital assets such as Bitcoin and other forms of cryptocurrency.
December 30 -
As 2019 rapidly wraps up and 2020 looms on the horizon, it seems an appropriate time to take a step back and reflect on the numerous changes and shifts that have occurred in the blockchain and cryptoasset spaces.
December 26 -
For the first time in more than five years, the IRS released further cryptocurrency tax guidance.
December 26 -
Lukka, which makes blockchain products for the cryptocurrency ecosystem, has debuted a do-it-yourself tax preparation product for taxpayers reporting cryptocurrency assets on IRS Forms 1040 and 8949.
December 18 -
If you’ve noticed less talk about blockchain this year from technology product makers, that’s on purpose: Companies have realized big promises without flashy results makes consumers suspicious.
December 18 -
The agency's number of investigations in 2019 continued a general downward trend over the last few years, according to CI's 100th annual report.
December 5 -
The various applications of this young technology will bring big opportunities to the accounting profession.
December 3 -
The Internal Revenue Service is seeking information from more taxpayers who hold virtual currency like Bitcoin, but in a ruling last week, a judge ordered the IRS to limit its summons for information from one cryptocurrency exchange, Bitstamp
December 3 -
New guidance, rules and enforcement efforts from the IRS aim to improve cryptocurrency reporting.
November 27 -
For all the worry about the interaction of blockchain and assurance, there haven't been many real-life examples of it -- until now, with Top 100 Firm Armanino's release of a new attest product around stablecoins. The firm's Scott Copeland and Andries Verschelden share the details, and what it means for the future of assurance.
November 11 -
Leaders of tax enforcement authorities from the U.S., Australia, Canada, the Netherlands and the United Kingdom met this week to discuss ways to deal with tax crimes and tax evasion, particularly involving cryptocurrency.
November 8 -
Tax attorneys, accountants and cryptocurrency investors have been asking for this guidance for years.
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