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Recent cryptocurrency exchange failures were not caused by technological issues, but by a lack of structure in corporate governance and internal controls.
By offsetting payroll taxes, the R&D tax credit can be an immediate source of cash for tech companies and others that qualify.
Tim Savage, Partner, Blockchain and Digital Assets, sat with the Society of HR Professionals to discuss the growing presence of cryptocurrencies in the mainstream economy, including the idea of crypto payroll as a benefit for employees.
The demand for guidance on how firms should manage digital assets for accounting purposes continues to grow in tandem with the use and acceptance of crypto assets.
To improve tax compliance, the U.S. Treasury Department proposed four changes to "modernize" the corporate and individual reporting of digital assets.
Senators Kirsten Gillibrand and Cynthia Lummis proposed the Responsible Financial Innovation Act to create a comprehensive regulatory framework for digital assets.
PodcastTune into our Weaver on Chain podcast for a discussion on solutions for tracking and reconciling crypto wallets and exchanges for tax purposes.
Tune into our Weaver on Chain podcast to learn about the impact cryptocurrency is having on the financial services industry.
Tune in to this Weaver On-Chain podcast about how DAOs are emerging as new entity structures and their potential to shift business management and governance.
Tune in to this Weaver On-Chain podcast to learn about the benefits of bitcoin as well as blockchain technology and other digital assets.
There are plenty of questions about cryptocurrency and blockchain, so Weaver’s Beyond the Numbers reached out to Tim Savage, who oversees tax services for Weaver’s Cryptocurrency Task Force, to help answer those questions.
Executive ResourceAs 2021 comes to an end, many organizations are winding down another hectic year, and planning for 2022 with much more optimism.