Blockchain & Cryptocurrency Archive
FASB Issues Exposure Draft for Crypto Assets
The FASB has issued an Exposure Draft that contains guidance for improving the accounting and disclosure of crypto assets. Read More
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 wit… Read More
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 i… Read More
Cryptocurrency Staking Rewards are Still Taxable
On Feb. 2, the IRS conceded a lawsuit filed by Joshua and Jessica Jarrett concerning the taxability of staking rewards for cryptoc… Read More
Tax Information for Virtual Currency Investors
A lot has changed for cryptocurrency and its investors since the launch of Bitcoin in 2009. A decade in and the number of cryptocu… Read More
New Question Regarding Cryptocurrencies Added to Form 1040
Virtual currency investors, and blockchain miners, take note: the IRS wants to know more about your 2019 cryptocurrency transactio… Read More
