crypto Archives - Jonathan Cartu CPA Accounting Firm - Tax Accountants
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crypto Tag

[ad_1] Individuals and organizations that use digital cryptocurrencies must begin reporting capital gains, and comply with regulatory guidelines. Firms must also implement appropriate auditing and accounting procedures for crypto assets and report such transactions to tax authorities. On October 9, the Internal Revenue Service IRS released...

[ad_1] By Robin Singh ·...

[ad_1] For most of us, the receipt of a letter from the United States Internal Revenue Service is an unwelcome event. For cryptocurrency holders, issues of taxation and accounting are unusually onerous and complex, and so the 10,000 cryptocurrency-holding recipients who found IRS letters on...

[ad_1] The shadow assistant treasurer has called for a proposed ban on cash transactions above $10,000 to be extended to cryptocurrencies. The local industry breathed a sigh of relief in late July when the Federal Treasury’s draft proposals to ban cash transactions above $10,000 specifically exempted...