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Cracking Down on Cryptocurrency

While there are many reasons for people to invest in any given financial platform, the attraction of investing in cryptocurrency has long been rooted in the platform’s anonymity, lack of oversight, and inherent decentralization. As such, many investors, relying on…

IRS Increases Interest in Bitcoin

Beginning last year, the IRS has been looking at transactions involving cryptocurrency with an increased scrutiny. Taxpayers buying, selling, mining, or exchanging cryptocurrency should be aware of the interest the IRS has shown in the area, and the possible consequences…

The Base Erosion Anti-Abuse Tax Cometh

International tax reform has added a new corporate minimum tax on US companies operating abroad. Taxpayers making certain deductible payments to related foreign parties should be on the lookout for the new Base Erosion Anti-Abuse Tax (BEAT). The BEAT, designed…
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