Crypto Taxation Update

Crypto Taxation Update

The landscape of cryptocurrency taxation has recently seen notable developments, notably with the IRS Revenue Ruling 2023-14 shedding light on the treatment of rewards accrued from staking cryptocurrency. For those acquainted with the intricate world of digital asset...
How Crypto Trading May Affect Your Taxes

How Crypto Trading May Affect Your Taxes

Trading cryptocurrency is all the rage. It is rare to have a conversation with a colleague that does not include the ups and downs of crypto. If you have been dabbling in cryptocurrency or digital assets, are you aware of how crypto trading may affect your taxes? This...
The ABCs of Cryptocurrency

The ABCs of Cryptocurrency

The ABCs of Cryptocurrency Accounting Bitcoin Cryptocurrency We expect there to be major changes this year in how the IRS will enforce cryptocurrency gains. In this blog post we explore the definition of cryptocurrency and what you need to know about accounting for...