cryptocurrency

New report identifies high-risk areas in financial reporting

In July 2023, the Public Company Accounting Oversight Board (PCAOB) published a report that highlights common areas of audit deficiencies for public companies. Private companies face similar challenges when reporting…

Be smart when accepting cryptocurrency donations

Several years ago, when cryptocurrency was still a novel concept, many not-for-profits chose not to accept crypto donations. Now, crypto is so ubiquitous that it’s difficult — and probably a…

Cryptocurrency & Taxes Part III: Maintaining Cryptocurrency Records

You’ve made it to Part III of our three-part cryptocurrency series! As mentioned previously, we have put together this series to help taxpayers navigate through the tax laws of this…

Cryptocurrency & Taxes Part II: Taxation of Cryptocurrency

Welcome to Part II of our three-part cryptocurrency series!  With the fame, and not to mention value, of cryptocurrency exploding in the past few years, it has caught the attention…

Cryptocurrency & Taxes Part I: Cryptocurrency Reporting Requirements

If someone asked you ten years ago if you had heard of cryptocurrency, what would your answer have been?  If asked about Bitcoin or a “soft fork,” would your mind…

Is Blockchain the Future of Construction?

Blockchain is the technology that powers Bitcoin and other cryptocurrencies, but its value extends far beyond the world of finance. Although this technology may not be ready for prime time…