What crypto tax risks do you need to be thinking about? It is no secret that blockchain is among some of the most exciting emergent technologies of the twenty-first century. In the last few years, cryptocurrency has grown in popularity with several top financial minds endorsing investments in it. Despite becoming so popular, one [...]
A lot has happened since Bitcoin launched in 2009. Cryptocurrencies have gone from being a topic that if you brought up in a conversation your friends and family would give you weird looks, to something that is now on the verge of becoming a staple of the financial world. This is the moment that those [...]
Section 2301 of the CARES Act outlines the rules of the 'Employee Retention Credit for Employers Subject to Closure due to Covid-19' which provides relief for startups and small businesses that were adversely affected by COVID-19 in two distinct ways. The bill has lots of legal jargon and is generally difficult to follow but [...]
With the Families First Coronavirus Response Act (FFCRA) and the CARES Act passed into law, it's time to start to apply the contents of each bill to small businesses and startups. As a result, we're going to keep this small business coronavirus resource guide updated as we gather more information. For now, here is [...]
The IRS, U.S. Treasury, Federal Reserve and federal government have rolled out numerous coronavirus relief package and deadline extensions to help both individuals and small business owners who have been financially affected by the coronavirus pandemic (COVID-19). (see official IRS coronavirus guidance) Here’s a round-up of all the laws and acts enacted: [...]
