Step into the fascinating world of virtual currencies, where digital marvels like Bitcoin and Dogecoin, have captured the attention of adventurers and investors alike. As you venture into this dynamic realm, it's important to...more
9/7/2023
/ Accounting ,
Bitcoin ,
Cryptocurrency ,
FASB ,
Income Taxes ,
Infrastructure Investment and Jobs Act (IIJA) ,
Investors ,
IRS ,
Non-Fungible Tokens (NFTs) ,
Securities and Exchange Commission (SEC) ,
Tax Planning ,
Virtual Currency
Taxpayers who hold foreign accounts finally received clarity as the Supreme Court ruled that the $10,000 non-willful penalty for failure to file a FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR) applies...more