Digital currencies

For all the worry about the interaction of blockchain and assurance, there haven't been many real-life examples of it -- until now, with Top 100 Firm Armanino's release of a new attest product around stablecoins. The firm's Scott Copeland and Andries Verschelden share the details, and what it means for the future of assurance.

Leaders of tax enforcement authorities from the U.S., Australia, Canada, the Netherlands and the United Kingdom met this week to discuss ways to deal with tax crimes and tax evasion, particularly involving cryptocurrency.

Tax attorneys, accountants and cryptocurrency investors have been asking for this guidance for years.

What the flurry of updates in Facebook's cryptocurrency means for accounting professionals.

The Internal Revenue Service has issued a second early draft version of the new Schedule 1 for next tax season’s Form 1040 to include a question up top about whether a taxpayer has sold, received, exchanged or acquired cryptocurrencies such as Bitcoin or Ethereum.

The guidance is the first since 2014.

New releases address virtual currency transactions and how to handle a ‘hard fork.’

Newly appointed officials in the SB/SE Division plan to make changes in the IRS’s strategy for dealing with collections and enforcement.

The deadline is approaching soon for many businesses to file their reports on unclaimed property, and now they might want to include lost bitcoins and forgotten cryptocurrency passwords.