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Tag: tax reporting

CoinTracking: Your Top Choice for Crypto Taxes in the US

CoinTracking is the most complete crypto tax tool in the market with 1.5 million users, helping US investors comply with all the changing requirements.Why...

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How to fill out a receipt book in 6 steps

In this blog, we will explore the essential task of filling out receipt books, a foundational element of financial record-keeping for both small and...

Exchange Crypto to a Bank Account in 2024

Are you looking for the easiest way to exchange crypto to a bank account? In this article, we will explore it. Cryptocurrency has been one of...

U.S. crypto taxes in 2024: fast facts

IRS tax season is officially open in the United States. April 15, 2024 is the deadline for crypto holders to report their 2023 transactions...

Top 7 AP Software for Smaller-Sized Businesses

For small businesses, effective cash management is more than a financial imperative – it’s key to survival. That’s why effective accounts payable management are...

The Proposed IRS Broker Reporting Rules Would Effectively Kill DeFi – The Defiant

The IRS's latest crusade into the realm of digital assets threatens to redefine the landscape of decentralized finance (DeFi) with its proposed broker reporting...

New U.S. Law on Crypto Tax Reporting Comes into Force – CryptoCurrencyWire

A new tax legislation, the Infrastructure Investment & Jobs Act, ratified in late 2021, now requires individuals or businesses obtaining at least $10,000 in...

What is bank reconciliation? Definition, examples, and process

Bank Reconciliation is the process of matching the company's cash books to the bank statement. The aim is to ensure all transactions are accurately...

Why Is Bank Reconciliation important in accounting?

Bank Reconciliation is the process of matching the company's cash books to the bank statement. The aim is to ensure all transactions are accurately...

Report Crypto Trades Over $10K to IRS or Face Jail? It’s Complicated – Decrypt

The opening days of 2024 have seen a resounding call echo across the far reaches of the cryptosphere: The IRS is coming! The IRS...

Crypto Community Up in Arms Over IRS Reporting

In the deregulated symphony that is the crypto world, a dissonant note struck when the IRS decided to call a new tune. The crypto community,...

Crypto && Coffee 147

Crypto && Coffee 147January 3, 2024CipherTrace EngineeringTechnology Recap:BitcoinThe term "Bitcoin" can either refer to Bitcoin the network, ... More:Core developers started a working group around...

New IRS Rule Mandates Business Report Crypto Transfers Worth $10K+ – The Defiant

Businesses that fail to report receiving sums of at least $10,000 in crypto could face felony charges A sweeping new tax reporting rule targeting...

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