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The company has also partnered with Verady, a crypto-focused accounting firm, to acquire reliable data on the volatile virtual currency markets.January 10
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Accounting firms are beginning to wade into the use of blockchain technology for audits, but with caution as the technology spreads beyond the cryptocurrency space where it’s been used for digital assets like Bitcoin.January 9
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The American Institute of CPAs’ Digital Assets Working Group has released a practice aid to offer guidance on how to account for and audit digital assets such as Bitcoin and other forms of cryptocurrency.December 30
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As 2019 rapidly wraps up and 2020 looms on the horizon, it seems an appropriate time to take a step back and reflect on the numerous changes and shifts that have occurred in the blockchain and cryptoasset spaces.December 26
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For the first time in more than five years, the IRS released further cryptocurrency tax guidance.December 26
Co-founderCryptoTrader.Tax
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Lukka, which makes blockchain products for the cryptocurrency ecosystem, has debuted a do-it-yourself tax preparation product for taxpayers reporting cryptocurrency assets on IRS Forms 1040 and 8949.December 18
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If you’ve noticed less talk about blockchain this year from technology product makers, that’s on purpose: Companies have realized big promises without flashy results makes consumers suspicious.December 18
Technology editorAccounting Today
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The agency's number of investigations in 2019 continued a general downward trend over the last few years, according to CI's 100th annual report.December 5
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The various applications of this young technology will bring big opportunities to the accounting profession.December 3
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The Internal Revenue Service is seeking information from more taxpayers who hold virtual currency like Bitcoin, but in a ruling last week, a judge ordered the IRS to limit its summons for information from one cryptocurrency exchange, BitstampDecember 3
