Bitcoin IRA: Pros, Cons, Where To Begin

The rise of Bitcoin has created a lot of interest in cryptocurrency, as investors explore the advantages of investing in self-directed IRA accounts. After all, everyone wants to feel as though their future is financially secure. This is where Bitcoin IRA comes into a play — a revolutionary way to invest in your retirement. Whether [...]

By |2019-06-10T15:57:03+00:00June 10th, 2019|Cryptocurrency|0 Comments

Crypto IRA: Everything You Need to Know about Crypto IRA

Few investments are as exciting as cryptocurrency. Since their (rather rough) beginning almost a decade ago, virtual currencies have taken the financial world by storm. Not only do cryptocurrencies have the potential for incredible profit, but they operate in a nebulous area outside direct government control. It’s not surprising that many people are interested in [...]

By |2019-06-10T16:00:31+00:00June 4th, 2019|Cryptocurrency|0 Comments

Coinbase 1099: What to Do With Your 1099-K From Coinbase

Did you receive a Form 1099-K from Coinbase? If this is your first time filing your taxes after you started trading cryptocurrency, you might not know what to do with the form. Even when you know what the form is, this isn't an easy area of tax law to figure out on your own. Here's [...]

By |2019-05-23T16:04:35+00:00May 7th, 2019|Cryptocurrency|0 Comments

Your Guide to Accounting for Cryptocurrency

With the rise of virtual currency, it’s imperative that you understand the implications of cryptocurrency in relation to accounting. While cryptocurrency is unique in comparison to “real” or fiat money, it is still a medium of exchange. If you exchange cryptocurrency, you may have to pay taxes on your gains, depending on your tax situation. [...]

By |2019-05-23T16:06:14+00:00April 29th, 2019|Cryptocurrency|0 Comments

Blockchain Accounting | Founder’s CPA

Blockchain is the new buzzword of the accounting world — and for good reason. This technology represents a new area of expansion for accounting. But what is blockchain accounting? How does it pertain to companies? And what does it mean for the future of accounting and auditing? This in-depth guide will break these questions down [...]

By |2019-05-23T16:10:51+00:00April 11th, 2019|Cryptocurrency|0 Comments

How to Report Cryptocurrency on Taxes – Experts Share Tips and Tricks

For most mainstream investors, cryptocurrency has an aura of mystery. It is a decentralized medium of exchange, and transactions are virtual and anonymous. That makes it an attractive tool for the underground marketplace. Regulatory agencies have struggled to create tax laws for people who use cryptocurrency. The biggest obstacle – and the one of greatest [...]

By |2019-05-23T16:14:32+00:00April 10th, 2019|Cryptocurrency|0 Comments

Cryptocurrency Accountants: What to Look For

Cryptocurrency accounting is not for the faint of heart. The world of virtual currencies is constantly shifting and changing -- dealing with cryptocurrency accounting by yourself is a brave proposition! If you're looking for a professional cryptocurrency accountant, feel free to request a free consultation with Founder's CPA. As a leading provider of cryptocurrency accounting [...]

By |2019-05-23T16:14:52+00:00April 3rd, 2019|Cryptocurrency|0 Comments

Tutorial: Generating a Cryptocurrency Tax Report with CoinTracking.info

In order to do your cryptocurrency taxes, you first need to have a complete record of all the cryptocurrency transactions you initiated during the previous tax year. CoinTracking.info greatly simplifies the process of compiling this data. Here’s everything you need to do to create a tax report with CoinTracking.info. Step 1: [...]

By |2019-05-23T16:15:30+00:00March 30th, 2019|Cryptocurrency|0 Comments

All You Need to Know About Cryptocurrency and Accounting

Cryptocurrencies, or virtual currencies, represent a fascinating new area of finance. But what are cryptocurrencies, and how do they work? If you're considering a journey into the world of virtual currencies, you'll need a professional, licensed cryptocurrency accountant to help plan an effective taxation and valuation strategy. This article will provide an in-depth analysis of [...]

By |2019-05-23T16:16:10+00:00March 4th, 2019|Cryptocurrency|0 Comments

Accounting for Cryptocurrency: Tips, Requirements & Best Practices

Accounting for Cryptocurrency: Tips, Requirements & Best Practices Accounting for cryptocurrency is not something to take lightly. Any business accepting this emerging payment method has a lot to learn. In fact, it takes a great deal of studying to effectively (and legally) handle Bitcoin and other crypto. This guide will help you get started. Is [...]

By |2019-05-23T16:17:43+00:00March 3rd, 2019|Cryptocurrency|0 Comments