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Tesla Inc.’s holdings of Bitcoin gave its latest quarterly results a boost, courtesy of new accounting rules for digital assets. Its net income got a $600...
Early in my tenure at Accounting Today, I got to sit in on a visit to our office from the newly installed head of a major...
An irrevocable trust is an essential tool in the kit of most estate planners, not only for sheltering assets from future estate tax, but for protection...
Archeologists have uncovered a set of court documents for an ancient Roman tax fraud and forgery case in the then-province of Judea connected to sham transactions...
The Internal Revenue Service is making progress on whittling down the amount of time it takes to help victims of tax-related identity theft, even as the...
A hedge fund trader convicted of fraud over sham Cum-Ex trades in a massive scandal that cost Denmark’s treasury a total of 12.7 billion kroner ($1.8...
The taxation of digital assets continues to be an area of confusion. The Internal Revenue Service has long taken the position that digital assets are treated...
Imagine a firefighter and a schoolteacher in their late twenties. They get married, purchase a modest two-family home, live in one unit, and rent out the...
Scott Bessent was sworn in as Treasury Secretary on Tuesday, taking the helm of one of the government agencies most critical to President Donald Trump’s sweeping...
A $400 billion green bank for clean energy projects and a popular consumer tax credit for electric vehicles are among items being targeted for review under...
