A research note from Barclays paints a picture of an exploding new industry that the IRS is struggling to hold to account. 

A group of tax enforcement leaders from five countries are collaborating on ways to investigate the use of nonfungible tokens and decentralized finance exchanges by tax criminals.

The Big Four firm said it has entered a strategic partnership with the tax compliance platform to support clients on digital asset transactions.

Financial Accounting Standards Board chair Richard Jones said stakeholders have urged the board to start a project on digital assets, which they believe to be a 'top priority.'

The commission has nearly doubled the size of the Division of Enforcement's Crypto Assets and Cyber Unit.

Tips and considerations for accountants abound after tax season.

Math error not in your favor; TIN matching; worst-written notices; and other highlights from our favorite tax bloggers.

March saw the release of an OECD framework and a Biden executive order that set the tone for digital assets.

The 2022 tax season, predicted by some to be a perfect storm, is coming to a close with barely a stiff wind.

Richard Jones has been poring over the feedback the board received from a recent consultation on its future standard-setting agenda to decide on new projects to take on.

Finance leaders at small and midsized entities are increasingly embracing cryptocurrencies and have an eye towards the nascent Metaverse, says a recent Sage Intacct report.

The qualities that make cryptocurrencies attractive to criminals — some think they’re easier to hide and transfer than other assets — are challenging law enforcement.

Even if they dislike digital assets, wealth planners have a fiduciary duty to understand their confusing and murky tax treatment.

Businesses that have been investing in cryptocurrency are dealing with uncertainty as government agencies are going to expect them to account for their holdings and pay taxes.

The Treasury secretary said a digital dollar would take years to develop if the U.S. decides to proceed with one, underscoring a deliberate approach by policymakers.

A recent study has found that 96% had still not filed their taxes as of the end of March, with confusion over how to do so being the primary reason.

A worldwide survey has found that the No. 1 barrier to buying crypto was not understanding enough about it, especially with regard to taxation.

Liquidating crypto brings certain challenges, from complicating the underwriting process to possibly triggering significant (and often unexpected) tax gains.

The chair said his agency and the top U.S. derivatives regulator should work together to rein in cryptocurrency exchanges.

The payroll and HCM solutions provider has added enhancements; Surgent releases an audit-focused course; and other updates from the accounting technology arena.