Digital Currency

March 8, 2022 

The Ledgible Platform supports a wide range of integrations across major blockchains, cryptocurrency exchanges, and wallets. As the bridge between cryptoassets and traditional financial accounting, the Ledgible Crypto Platform is the ...

March 3, 2022 

The new imperatives of work from home drove more change in the long overlooked area of B2B payments than we’ve seen in decades. But there’s more room for improvement. This is a huge market--$22 trillion domestically--where banks still have 90% market ...

February 25, 2022 

The Startup Accelerator supports the growth of early-stage technology companies throughout the accounting and finance ecosystem. It also provides the AICPA and CPA.com more visibility into disruptive trends from emerging technologies that are ...

February 23, 2022 

Reporting cryptocurrency transactions to the IRS can be a complicated process, and while the IRS has put together a helpful FAQ, the Illinois CPA Society encourages taxpayers to partner with a CPA ...

February 20, 2022 

The firm and its subsidiaries now employ 53 partners and over 350 associates across the firm. In 2021, the company invested in newly created operational positions, including the first chief growth officer and chief financial officer.

February 9, 2022 

The regulation was first announced by Nacha in March 2021 with a one-year grace period for compliance. As of March 19, 2022, ACH originators must use account validation as a “commercially reasonable fraudulent transaction detection system” to screen ...

February 7, 2022 

While taxpayers should not file late, they also should not file prematurely. People who file before they receive all the proper tax reporting documents risk making a mistake that may lead to processing delays.

February 7, 2022 

“Max the Tax” is the first series from “Surgent Interactive”, a new line of short, game-based online courses to keep accounting, tax and financial professionals engaged while they develop skills and earn CE credits.

February 3, 2022 

Ledgible, a professional platform for tax and accounting of crypto assets, has announced upcoming reporting options for staking rewards in light of the recent announcement concerning the lawsuit against the IRS over staking rewards, released by the Proof of Stake Alliance (POSA). “As there still remains differing positions around how staking rewards are taxed, Ledgible...…

February 1, 2022 

In 2021, the median fraud loss reported to the NCL Fraud.org campaign hit a 10-year high of $800, according to the organization’s annual Top Ten Scams Report.

January 31, 2022 

Tax professionals need to account for shifting cybersecurity risks before a frenzied tax season captures their time and attention. Here are three cybersecurity trends that CPAs and accounting firms must address this tax season.

January 27, 2022 

One of the biggest challenges for crypto holders and tax professionals is to account, track, and manage all the crypto data across multiple wallets and exchanges to calculate gains/losses and income. Holders do not receive monthly statements and this ...