Digital Currency
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More Rich Americans Will Soon Be Hit With an IRS Audit, Werfel Pledges
EV Makers Win Two-Year Extension to Qualify for Tax Credits
2024 Guide to State Sales Tax Holidays
Hawaii to Offer Tax Amnesty to Switch Short Term Rentals to Long Term
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.
Special Report: Focus on Big Data
As the accounting profession continues to evolve through the use of technology, it is critical for firms that want a competitive advantage to analyze the data they collect to make better business decisions and deliver more value to their clients.
Institute of Internal Auditors’ to Hold Financial Services Exchange Sept. 11-12 in D.C.
The Exchange provides internal auditors in the financial services space with the opportunity to share their greatest takeaways, tools, and techniques with other leaders.