Posts Tagged ‘Blockchain’
Supply Chains: Leveraging Blockchain can Enhance Transparency
At a glance Schedule a consultation with Aprio today. The full story: Supply chain management is essential to the smooth running of your business. Moving goods from source to customer as efficiently as possible is key to revenue growth and strong margins. However, today’s supply chain is incredibly complex with many different parties in the…
Read MoreShould Your Business Launch an NFT?
At a glance Main takeaway: Non-fungible tokens (NFTs) are one of the many emerging technologies coming out of the growing blockchain industry. Impact on your business: As consumer interest in NFTs grows, so do their use cases and the benefits to companies looking to capitalize on this growing emerging market. Deciding whether or not an…
Read MoreDigital Asset Staking: Your Top Tax Questions, Answered
At a glance Schedule a consultation today The full story: As its name implies, the United States Internal Revenue Code sets forth rules for how income is taxed in the U.S. Income is defined as “revenue received for goods or services, or from other sources, as rents or investments” or “the money, or amount of…
Read MoreThe Pulse on the Economy and Capital Markets: Dec 27 – Dec 31, 2021
At a glance: Overall, the U.S. performed well as stock markets closed out 2021 strong and leading economic indicators are pointing to global growth. While stocks outperformed in 2021, bonds had a rough year due to inflation trending higher than expected. Despite continued supply chain challenges and the rise in Omicron cases, U.S. manufacturers and…
Read MoreThe Pulse on the Economy and Capital Markets: Nov 29 – Dec 3, 2021
At a glance: Overall, the markets struggled with commodities and crypto declining and Bitcoin fell 15 percent over the weekend. The defensive nature of the bond markets makes them the MVP over the last week. Investors are keeping an eye on how the Federal Reserve will address inflation. Technology markets saw semiconductors hold on strong…
Read More5 Ways to Close the Labor Gap in Cybersecurity
At a glance Schedule a free consultation today! The full story: In 2020, there was a massive shift to everyone’s daily life as working remotely was no longer an added job perk, but a reality for nearly every industry. As the world adapts to a new way of working, the sheer volume of daily cyberattacksgrows. Cybersecurity…
Read MoreBig Changes for the Crypto World Part 1: How the Infrastructure Investment and Jobs Act will Impact Cryptocurrency
At a glance Schedule a consultation with Aprio today. The full story: What does cryptocurrency have to do with infrastructure? Not much, other than the fact that it plays a role in how Congress intends to pay for the infrastructure bill. There are two primary reporting requirements which concern the crypto industry: IRS Forms 1099-B…
Read MoreBig Changes for the Crypto World Part 2: How the Proposed Provisions in the Build Back Better Act will Impact Cryptocurrency
At a glance Schedule a consultation with Aprio today. The full story: The proposed Build Back Better Act (BBBA) includes legislative text that will have significant impacts on the cryptocurrency world. There are two huge provisions within this act which will transform how gains and losses are managed in the world of investing in digital…
Read MoreBlockchain: The New Fraud Fighting Tool
At a glance: Get ahead of the fraud risks by partnering with an experienced team. Schedule a consultation today. The full story: Most people think of blockchain as being synonymous with cryptocurrency, assuming the technology only lends itself to financial transactions. The truth is that applications of blockchain technology extend far beyond facilitating Bitcoin and other…
Read MoreAre Smart (Blockchain) Contracts Really Smart?
If you’ve ever been through an automatic car wash, you can appreciate the benefits of a smart contract. You drive to the payment station, select the kind of car wash you want, and make the payment. You are then prompted to pull up to the washing dock. At this point, you make sure all the…
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