New Beneficial Ownership Reporting Requirements

What Every US Business Needs to Know

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Some NFTs May Soon Be Considered Collectibles

What that means, and why it matters.

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Demystifying the Bidens’ S Corp Compensation: A Look at Reasonable Salaries for S Corp Owners

Unravel the complexities of S-Corp compensation with a closer look at the Bidens’ financial practices, as we discuss determining reasonable salaries f...

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Losses from “Substantial Decline in Value” of Crypto Assets aren’t Deductible

Without a realization event, there is no allowable loss deduction.

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Sales Tax & NFTs – More Questions than Answers

Are NFT sales subject to sales taxes?

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Wash Sale Rules May Soon Apply to Your Crypto Losses

Take advantage of favorable rules around wash sales while you can.

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The Tax Impact of This Year’s Platform and Protocol Failures

Specifically, LUNA and Celsius

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The Jarretts Didn’t Break Any Ground for Stakers

Despite what you've seen lately, staking income is still taxable.

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Self-Directed IRAs — Investing for Retirement with Crypto and Other Alternative Assets

Things to know when considering holding crypto assets in a self-directed IRA.

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Infrastructure Bill passes — What it means for crypto investors

Late Friday, the House passed the Infrastructure Investment and Jobs Act. Tucked into the over 1,000 pages of legislation aimed at bolstering the US’s...

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Two new crypto tax provisions to know

There are a number of tax policy provisions in various stages of discussion in Congress. Relevant to crypto investors are the Infrastructure Bill whic...

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Congress passes the American Rescue Plan Act

While the COVID-19 pandemic is finally slowing down, the economic damage that it caused lingers on.

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Gifting Cryptocurrency

Gifting cryptocurrency to friends and family is quite common amongst crypto users, especially during a bull market like now. Before you send out bunch...

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Economic Impact Payment info available on IRS.gov

Since many taxpayers may have mistakenly discarded their Letter 1444, which came with the Economic Impact Payments (stimulus payment) during the sprin...

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Tax Consequence of Crypto Loans

More and more crypto exchanges, such as Coinbase, Binance, BlockFi, and Nexo.com offer crypto loans.

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