Digital Currency
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Short Term Rentals Gain Traction as Vacation Preference
Sales Tax Holidays Are Not Profitable for Most Small Business Retailers, Says Report
Review of Thomson Reuters Checkpoint Edge – The Accounting Technology Lab Podcast – Sept 2024
Retail Group Says Recession Unlikely
Taxbit Rolls Out 1099-DA Support
Taxbit's scalable platform is designed to adapt to the evolving complexities of digital asset reporting, the company said Aug. 27.
IRS Shares New Draft Version of Crypto Tax Form
The fresh draft version of Form 1099-DA comes on the heels of the final regulations on crypto broker requirements being issued in June.
Trump Pledges to Fire SEC Chief Gensler and Hire People Who Love Crypto
The crowd at a bitcoin conference in Nashville cheered loudly July 27 as Trump said her would fire Gary Gensler, whose term is up in 2026.
IRS Finalizes Rules on Crypto Tax Reporting for Brokers
The final regulations are viewed by proponents as critical to policing a largely unregulated sector plagued by tax avoidance.
AICPA Updates Practice Aid for Auditing Digital Assets
Guidance was added on auditing the valuation of digital assets and audit procedures regarding their existence, rights, and obligations.
Ledgible Rolls Out SpecID Feature for Digital Asset Tax Reporting
Using the specific identification feature, Ledgible users can optimize tax calculations tailored to their specific needs, the company said.
Ledgible Program Assesses a Company’s Readiness for 1099-DA Reporting
The new program follows the release of the draft Form 1099-DA for digital asset transaction reporting by the IRS last month.
Study: More Than 90 Percent of Stablecoin Transactions Aren’t From Real Users
Out of about $2.2 trillion in total transactions in April, just $149 billion originated from “organic payments activity,” Visa says.