DeFi, or decentralized finance, is the use of blockchain technology to create a financial system that operates without the need […]
The U.S. Financial Accounting Standards Board (FASB) has decided that companies can now use "fair value" to account for their […]
You might be wondering whether PayPal reports to the IRS on Friends and Family transactions. The short answer is no, […]
A W-9 form is a request for taxpayer identification number (TIN) and certification. It is used by businesses to gather […]
2022 has been quite the year for crypto theft, scams, and lost or locked up coins. With the collapse of […]
The IRS current guidance treates cryptocurrency as property when it comes to federal taxation of the asset class. This ultimately […]