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...
How Far Back Can the IRS Audit You?

How Far Back Can the IRS Audit You?

“Audit” is a scary word for most people, because they think it automatically means they’ve done something wrong on their taxes and are going to get penalized. True, sometimes the IRS notices a problem, whether it was intentional misreporting or an inadvertent error....