Presentation on Accounting and Tax for Crypto Businesses – Jan 21, 2020
Link to the presentation I made to the Digital Assets Committee of the New York State Society of CPAs on January 21, 2020.
Link to the presentation I made to the Digital Assets Committee of the New York State Society of CPAs on January 21, 2020.
UPPER MONTCLAIR, NJ – Last night, over a glass of Maker’s 46, the Blockchain CFO (www.blockchaincfo.io) agreed to merge content with KTT Global Advisors, LLC (www.kttglobal.com). Future Blockchain CFO blog posts can be found at kttglobal.com/blog. “I’m excited to move to a platform with the global reach of KTT Global”, said Bryant Tolles, aka the …
Blockchain CFO and KTT Global Advisors Join Forces Read More »
See you this Wednesday, March 6! https://www.eventbrite.com/e/cryptocurrency-and-taxes-learn-what-the-irs-says-for-2018-19-tickets-54660389697
Well, it’s been a pretty rough past year in the crypto markets. From a high of $19.5K on December 16, 2017, Bitcoin has fallen 78% to its current price of $4.3K as of this post. Ether has collapsed from $1,400 on Jan 13 of this year to $123 on Nov 24. Most altcoins have fared …
“Harvesting” Losses – Tax Lessons for Crypto Traders Read More »
2017 and 2018 were bookends, from a tax perspective, to a pretty interesting time in the crypto markets. Towards the end of 2017 we saw a massive increase in prices of Bitcoin and altcoins, and a frenzy of buying and selling activity. ICO volume peaked in December 2017, with monthly funds raised topping out in …
Can I Return Crypto I Received as Compensation and Not Get Taxed? Read More »
Yes, it’s true. Tax time is right around the corner. And for those of you who own cryptocurrency coins/tokens, it’s extra-special. That’s because investing in cryptocurrency is a recent phenomenon – fewer than 10 years old – and presents some interesting tax issues. This post will give an overview of crypto taxation, and then help …
Despite the tanking of the crypto market this year and the uncertain regulatory environment in the USA, companies are still looking to token sales, or “initial coin offerings” (ICOs), as a way of raising funds. One of the key considerations is the taxation of ICO proceeds, and the subsequent accounting. The Blockchain CFO is here …
I wrote a brief article to discuss the current regulatory status of ICOs and how a project that I am working with, Leios, is approaching regulation.
Recently I’ve become involved with a blockchain company that is heading towards an ICO. The name is still private, but when it is announced I will announce it here. In my capacity as “advisory CFO” I’ve had to consider the tax implications of a token issuance, and have had the good fortune to be able …
It lasted all of a day… wait, I’m back!