fbpx Skip to main content

June 05, 2018

What businesses need to know about the tax treatment of bitcoin and other virtual currencies

What businesses need to know about the tax treatment of bitcoin and other virtual currencies
Back to industry updates

Over the last several years, virtual currency has become increasingly popular. Bitcoin is the most widely recognized form of virtual currency, also commonly referred to as digital, electronic or crypto currency.

While most smaller businesses aren’t yet accepting bitcoin or other virtual currency payments from their customers, more and more larger businesses are. And the trend may trickle down to smaller businesses. Businesses also can pay employees or independent contractors with virtual currency. But what are the tax consequences of these transactions? (more…)

April 29, 2018

Blockchain may soon drive business worldwide

Blockchain may soon drive business worldwide
Back to industry updates

“Blockchain” may sound like something that goes on a vehicle’s tires in icy weather or that perhaps is part of that vehicle’s engine. Indeed it is a type of technology that may help drive business worldwide at some point soon — but digitally, not physically. No matter what your industry, now’s a good time to start learning about blockchain. (more…)