Thousands of individuals have failed to report cryptocurrency related gains and should have cause for concern. If caught, those individuals subject themselves to interest and accuracy related penalties. Individuals could even be subject to fraud related penalties and jail time
... Read more »
Our first question simply wanted to understand if millennials were opening up traditional brokerage accounts. The clear answer was a resounding
... Read more »
2017 saw the rapid growth of ICOs. In an effort to categorize this new fundraising mechanism, you will find many publications and market participants using the ICOs and IPOs terms interchangeably as if they are substitutes for each other. This is incorrect. The only similarity between ICOs and IPOs is that they are tools for new or existing companies to raise funds
... Read more »
Infographic on the effects of blockchain on accounting and audit
... Read more »
Initial coin offerings (ICOs) have recently become very popular, causing investors of all levels of sophistication to consider buying ICO tokens (or coins). Regardless of whether you view ICO tokens as “investments,” or whether you want to buy tokens for their utility function to make software operate or to access some type of service, remembering your ABCs will help guide you through the diligence process
... Read more »
