Cryptocurrencies, commonly referenced as digital assets in tax regulations, are treated as property for U.S. tax purposes ( IRS Notice 2014-21 ). This treatment means that general tax principles that ...

FIFO is more common, however, because it’s an internationally-approved accounting methos and businesses generally want to sell oldest inventory first before bringing in new stock. LIFO might be ...

Highlights Revenue of $3.9 billion, a decrease of 1.3% as organic growth declined 0.5%; Organic growth of 0.4% turned ...

CryptoTax360.io offers an instant generation of forms like Schedule D and Form 8949, streamlining the tax preparation process. Its robust dashboard provides insights into portfolio performance, ...

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

Undergraduate enrollment in college accounting programs increased during the fall semester to its highest level in four years, a 12% increase from the previous fall based on National Student ...

Cost accounting is a process that measures all of the expenses associated with running a business, including both fixed and variable costs. The results help management make decisions that optimize ...

A recent survey from Rightworks, for example, found that more than half of accounting leaders, 55%, cited data privacy as their biggest impediment to AI adoption. On this point, Chess noted that many ...

New Hampshire is fighting back. The Granite State's latest move to protect businesses from sales tax legislation, HB 135, was introduced on Jan. 8, 2025. It states that "no New Hampshire business ...

Ideally, free accounting software can scale to accommodate your business's needs if they change. Make sure to weigh today's costs against tomorrow's growth. Many, or all, of the products featured ...

Highlights Revenue of $3.9 billion, a decrease of 1.3% as organic growth declined 0.5%; Organic growth of 0.4% turned positive excluding Product Line Simplification (PLS) reduction ...