Accounting December 6, 2022
Predictions for the Accounting Profession: 2023 and Beyond
The end of the year means it’s time to get ready for another busy season and to tune up your strategic plans for the years ahead.
Taxes December 5, 2022
Donor-Advised Funds Offer a Charitable Way to Harvest a Tax Break
The number of DAFs has nearly tripled to 1.3 million since Congress approved the Tax Cuts and Jobs Act in 2017.
Sales Tax December 4, 2022
Tax Changes 2023: Key Compliance Concerns Facing Businesses Today
There are more than 13,000 sales and use tax jurisdictions in the United States, and rates in each jurisdiction are subject to change as new taxes are adopted or old ones expire.
Digital Currency December 1, 2022
FTX’s Missing Billions Remain a Mystery Following Bankman-Fried Interview
“I made a lot of mistakes. I didn’t ever try to commit fraud on anyone,” FTX founder Sam Bankman-Fried told the NYT.
Digital Currency November 30, 2022
As FTX Burned, Lawmakers Said to Be Dithering Over Regulator
The central debate about regulation of cryptocurrencies is whether they are securities or commodities.
Digital Currency November 28, 2022
Crypto Lender BlockFi Files for Bankruptcy in Aftermath of FTX
Valued at $3 billion in March 2021, BlockFi looked to raise money at a reduced valuation of about $1 billion in June.
Digital Currency November 23, 2022
Thinking of Putting Crypto in Your 401(k)? Think Twice
Crypto is a uniquely perilous investment for families struggling to husband their resources for retirement.
Digital Currency November 22, 2022
‘Substantial Amount’ of FTX Assets are Either Stolen or Missing, Attorney Says
“Unfortunately, the FTX debtors were not particularly well run, and that is an understatement,” said James Bromley.
Payroll November 22, 2022
As Inflation Boils, Millennials and Gen Z Face Holiday Spending Pressure
Nearly a third of those younger shoppers say the upcoming holiday season will strain their budgets.
Accounting November 22, 2022
Institute of Internal Auditors to Hold Technology Trends Virtual Conference on Dec. 8
The IIA’s Technology Trends Conference is designed to help internal auditors of all levels stay ahead of critical technology issues through a ...
Digital Currency November 18, 2022
FTX Users Can’t Count on Help From the IRS
When market investors suffer losses, they’re often eligible for a tax write-off to soften the blow. FTX users won’t be so lucky.
Accounting November 17, 2022
Lawsuit Filed Against FTX and Promoters, Including Tom Brady and Shaq
The civil lawsuit filed in Miami federal court is far from the only legal problem for the Bahamas-based company, whose filing for bankruptcy has shaken the cryptocurrency markets.