Cryptocurrency
Big Changes for the Crypto World Part 1: How the Infrastructure Investment and Jobs Act will Impact Cryptocurrency
At a glance The main takeaway: The Infrastructure Investment Jobs Act was passed by Congress on November 5, 2021 and
Cryptocurrency
Big Changes for the Crypto World Part 2: How the Proposed Provisions in the Build Back Better Act will Impact Cryptocurrency
At a glance The main takeaway: The Build Back Better Act continues to be debated by the Senate. This bill
Cryptocurrency
Infrastructure Investment Jobs Act and Build Back Better Act: What’s in these Bills and the Impact on You and Your Business
At a glance: The Infrastructure Investment Jobs Act passed by Congress on November 5, 2021 has been sent to President
Cryptocurrency
Before Offering Cryptocurrency as a Payment Option, There Are Pros and Cons to Consider
At a glance The main takeaway: Given its recent surge in popularity, businesses and banks may be considering accepting cryptocurrency
Cryptocurrency
DOJ Announces National Cryptocurrency Enforcement Team
At a glance The main takeaway: The new National Cryptocurrency Enforcement Team (NCET) is designed to investigate cryptocurrency-related crimes and
Cryptocurrency
IRS Addresses Bitcoin Cash Fork, Four Years Later
At a glance: IRS announcement: In line with previous announcements, the IRS reiterated their position that taxpayers who received Bitcoin
Cryptocurrency
Are Virtual Currency Airdrops Really Taxable? IRS Clarifies New Tax & Reporting Requirements
The IRS released a memo on August 28, 2020, as part of an ongoing campaign to provide clarity on the
Cryptocurrency
IRS Aims to Expose Cryptocurrency-related Income with New Question on Form 1040
Earlier this month, the IRS released the first guidance in five years on the taxability for virtual currency transactions, including
Cryptocurrency
IRS Releases New Guidance on Taxability for Certain Virtual Currency Transactions
Pay close attention, cryptocurrency investors: on Oct. 9, 2019, the IRS issued Revenue Ruling 2019-24 and 43 Questions and Answers,
Cryptocurrency
What is a Blockchain Wallet?
Q: How do you carry your bitcoins? A: In a wallet, of course. A wallet on any blockchain platform can
Cryptocurrency
How Does Blockchain Work?
Blockchain technology is all about trust and transparency. In the current model of commerce, we place “assumed trust” in companies
Cryptocurrency
The Future of Cryptocurrency? Used in ‘Every Store,’ Says BitPay Cofounder
What’s the future of cryptocurrency? Ask Stephen Pair, and you won’t get a cryptic answer. “I can anticipate the day
Cryptocurrency
Cryptocurrency and Taxes: The Impact of Mining, Spending and Trading
When it comes to the challenges of cryptocurrency and taxes, ambiguity reigns. But companies should still plan ahead to avoid future problems.
Cryptocurrency
Do You Know the Tax Impact of Your U.S. or Non-U.S. Token Sale?
Initial coin offerings (ICOs) offer blockchain-based companies a whole new way to raise capital — but such companies need to be aware of tax issues.