State Taxation of NFTs — What to Know

The mixed characteristics of non-fungible tokens (NFTs) have made them a tricky subject for state taxation. This fact, coupled with the lack of guidance from state tax administrators, leaves NFT sellers,

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NFT Taxation – An Introduction to the Federal Income Tax Implications of Creating or Investing in NFTs

Despite Non-fungible Tokens (NFTs) growing popularity, the Internal Revenue Service (IRS) has not yet published specific federal income tax guidance prescribing how NFT transactions should be taxed. Nevertheless, NFT transactions,

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Cryptocurrency Update and Accounting Considerations for Not-for-Profits

Cryptocurrency is here to stay, and more and more not-for-profit (NFP) organizations are being faced with the decision on whether to accept these assets as gifts, and if they decide to,

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Cryptocurrency Gift Strategies for Not-for-Profits

This article originally appeared in Journal of Accountancy. Reprinted by permission.

Before deciding whether your not-for-profit organization should accept cryptocurrency for gifts, you must understand what it is.

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Is Blockchain Technology in Your Company’s Future?

We believe the answer to the above question is, quite simply, “Yes.” Perhaps the more relevant question is, “when and how will Blockchain technology become part of my daily reality?” This question is harder to answer.

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