Digital Currency

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June 18, 2020 

EY Launches Cryptocurrency Tax App

Ernst & Young LLP has launched it's new EY CryptoPrep, a cryptocurrency application that assists with US tax filings. This new Software as a Service (SaaS), web-based product is a fully automated, enterprise-grade crypto tax engine offering step-b

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March 2, 2020 

AICPA Asks IRS for More Guidance on Taxation of Virtual Currency

Virtual currency transactions are becoming increasingly popular; however, they add a new layer of complexity to the analysis of taxpayers’ reporting requirements. The issuance of additional guidance would provide certainty and clarity to tax preparers and