The IRS Is Moving the Crypto Disclosure Question to the Front of Form 1040: Here Is What You Need to Know.
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The IRS Is Moving the Crypto Disclosure Question to the Front of Form 1040: Here Is What You Need to Know.

Cryptocurrency Question Moved to the First Page of Form 1040 New for the 2020 tax year, the Internal Revenue Service (IRS) asks taxpayers on the very first page of Form 1040 the following disclosure question:... Zac McClure and Barrett Strickland

Is Cryptocurrency a Major Opportunity for Enrolled Agents?
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Is Cryptocurrency a Major Opportunity for Enrolled Agents?

The short answer is yes. Cryptocurrency is a major opportunity for enrolled agents. However, seeing the opportunity and capitalizing on it are two different things. Blockchain > Cryptocurrency > Bitcoin You might already know this, but stil... Andy Frye, EA, Joshua Azran, CPA

Crypto Tax Tech Tools To the Rescue?
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Crypto Tax Tech Tools To the Rescue?

What is a crypto tax tool? For the purpose of this article, a cryptocurrency tax tool is defined as a software program designed to assist taxpayers and tax professionals with the often onerous job of calculating gains, losses, and other tax implications associated... Andy Frye, EA; Joshua Azran, CPA

Cryptocurrency Taxation Trends: Spring Always Follows Winter
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Cryptocurrency Taxation Trends: Spring Always Follows Winter

Writers who cover the cryptocurrency space are nothing if not prolific. Well into 2018, legions of them trumpeted the glow of the crypto messiah. Those same writers now have the grimmer task of writing about what is commonly called the “crypto winter.” ... Michael Minihan