Sovos Launches Compliance Cloud Solution
How to Report QCDs on Your Tax Return
How Work From Home Will Save More Small Business Owners on Taxes This Filing Season
Small Businesses Optimistic for Growth in 2024
Sam Bankman-Fried’s Bid for Jail Release Denied by Appeals Court
The former FTX co-founder has been dealt a series of setbacks as he gears up for his fraud trial, which is scheduled in two weeks.
The Accounting Technology Lab Podcast – Review of Audit Sight – Sept. 2023
Technologists Randy Johnston and Brian Tankersley, CPA, discuss Audit Sight, a technology platform that eliminates manual work for auditors, diligence and private equity providers by automating financial transaction verification.
Don’t Overlook Tax on Cryptocurrency Staking Rewards
The IRS has issued guidance on crypto staking rewards, but broker reporting on digital asset sales won't start until 2025.
Deloitte and Bitwave Partner for Digital Asset Accounting and Compliance
Alliance brings together Bitwave's software platform with Deloitte's accounting, tax and governance, risk and controls advisory services.
TaxBit Announces AI Enabled Rules Engine for Crypto Accounting
Users can now create an automated data flow, so reconciled transactions appear in the correct locations in a business's chart of accounts.
FASB OKs New Crypto Assets Standard
The new rules will require certain cryptocurrency assets, such as Bitcoin and Ethereum, to be measured at fair value.
How to Determine the Nature and Taxability of NFTs
Is the sale of an NFT subject to tax? Should it be? While lawmakers and tax officials worldwide have at least 91.8 million reasons to ensure tax laws account for sales of NFTs and other new tech, crafting tax policies for NFTs is difficult.
AICPA News – Sept 2023
AICPA News is a roundup of recent announcements from the American Institute of Certified Public Accountants.