Cryptocurrency
Cryptocurrency
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Under current laws, qualified investors living in the commonwealth are not required to pay local or federal taxes on capital gains, including crypto appreciation.
April 22 -
The legislation blocks a rule that would have forced some cryptocurrency brokers to provide tax information on transactions on their platforms.
April 11 -
Michael Saylor's Strategy and fellow corporate buyers of Bitcoin are being made to recognize the unrealized changes.
April 7 -
Elon Musk's X is urging the justices to shield companies from being forced to disclose sensitive user financial data under "suspicionless" subpoenas.
April 2 -
The cryptocurrency industry is on a roll in Washington and it's not just because of President Donald Trump.
March 21 -
The regulatory environment for digital assets will have significant implications for state-level reporting requirements.
March 19 -
President Trump's nominee to lead the commission has yet to be confirmed, but the sweeping changes from his temporary stand-in are starting to pile up.
March 19 -
The House of Representatives passed a resolution to repeal the regulations that created reporting requirements for digital asset brokers using decentralized finance systems.
March 12 -
The Trump administration's move will only increase the opportunities in helping manage and audit crypto holdings.
March 7 -
The agency nixed controversial staff crypto accounting guidance, which interim chief Mark Uyeda described as overstepping the normal procedures.
March 7 -
The American Institute of CPAs is providing a framework to stablecoin issuers for presenting and disclosing information related to the tokens they issue.
March 6 -
As the digital asset landscape becomes increasingly unpredictable, it's important to encourage clients to diversify their holdings across sectors and types.
February 20 -
Decentralized finance companies are breathing a sigh of relief after the Treasury and the Internal Revenue Service gave them a two-year delay on reporting.
February 6 -
President Donald Trump's return is seen as a positive by experts across the cryptocurrency industry. Accountants' predictions for regulations are less rosy.
February 3 -
FASB regulations requiring companies to record digital assets at fair value go into effect this year, but earlier adoption is permitted.
January 30 -
Inside the IRS's recent focus on broker reporting of digital asset transactions and the Form 1099-DA.
January 29 -
The Securities and Exchange Commission has rescinded a Staff Accounting Bulletin on safeguarding cryptocurrency assets that had been criticized by the industry and even by some of its own commissioners.
January 23 -
President Trump named Mark Uyeda, a Republican member of the SEC, as acting chairman as confirmation hearings await for Paul Atkins to succeed Gary Gensler.
January 21 -
The American Institute of CPAs updated its aid on accounting for and auditing digital assets in response to changes in accounting standards.
January 15 -
The new administration has discussed creating a strategic Bitcoin reserve. What accounting changes would we see as a result?
January 10















