You might think that new tax reporting rules for exchanges should mean less work for the taxpayer, but it’s the opposite, says CPA Kirk Phillips.
In a statement to accompany today's budget, the UK government said taxpayers must start splitting out crypto income when filing tax returns.
While the federal government’s proactive approach to minimizing damage was appreciated, many pointed out that taxpayers would ultimately suffer the de...
Though clients will be made whole thanks to regulatory intervention, President Biden said the same won't be true for the banks' management.