The IRS, in its release of the draft of the Form 1099-DA for brokers to report digital asset transactions, includes the broad definition of “broker” used in proposed regulations that drew industry ire ...

Digital money is an umbrella term that encompasses all forms of money that exist in digital format, whether centralized or decentralized. It refers to the digital representation of monetary value used ...

At the AICPA National Tax Conference, digital assets expert Nik Fahrer, CPA, sympathized with tax pros who dread the upcoming tax season because of digital asset reporting requirements.

The world of finance is undergoing a digital revolution. For a number of years now banks have looked at ways to use digitization to streamline processes, enhance efficiency, and improve customer ...