Insights & Resources

Discover how the Inflation Reduction Act of 2022 boosts tax deductions for energy efficient commercial buildings with major incentives reaching up to $5 per sq. ft.

The implementation of ASC 842 adds layers of complexity to the lease vs. buy decision for private companies in the construction industry.

FASB will require entities to use fair value accounting for crypto assets and provide additional information about their crypto holdings beginning in 2025.

Weaver’s construction accounting team offers suggestions to help avoid costly mistakes due to misguided accounting and financial practices.

According to the ruling, the fair value of staking rewards should be recognized as taxable income as of the date and time the taxpayer gains dominion and control.

The law, which takes effect Sept. 1, 2023, offers greater clarity for Bitcoin mining companies that use stranded and flared natural gas to power their operations.

The IRS released guidance for determining the beginning of construction of a qualified facility for purposes of the increased IRA credits or deduction.

In an effort to increase financial transparency, the FASB tentatively approved crypto assets to be separately disclosed from other intangible assets.

Recent cryptocurrency exchange failures were not caused by technological issues, but by a lack of structure in corporate governance and internal controls.

U.S. banking regulatory agencies (including the Federal Reserve, FDIC & OCC) released their first-ever joint statement on crypto-asset risks to banking organizations.

Companies must now account for cryptocurrency assets using fair value, according to a decision made by the Financial Accounting Standards Board (FASB).