Keeping Pace With 21st Century Fraud It’s been more than a decade since the Illinois CPA Society reported on the top frauds impacting the accounting profession. Here’s an update on the current landscape and what stakeholders can do to address the rising problem.

Avoiding the Top 10 Cryptocurrency Tax Traps With so many rules and nuances to consider within the cryptocurrency space, it’s no surprise that many tax clients fall victim to reporting mistakes. To prevent your clients from pointing the blame finger at you, here’s what to look out for.

Getting to Know the NFT Marketplace The marketplace for non-fungible tokens (NFTs) is booming, but these blockchain offshoots are still mysterious to the uninitiated. Here's a quick guide to the NFT economy.

Analyzing Two Accounting Approaches for Cryptocurrencies In the absence of comprehensive guidance for cryptocurrencies, companies that hold them on their balance sheets are looking for the best method to account for them.

Taxing Cryptocurrency: What CPAs Need to Know In a loosely regulated and rapidly changing cryptocurrency world, CPAs must build valuable expertise in helping clients decrypt the use and taxation of digital currencies.

Should You Buy a Bit of Bitcoin? Bitcoin and other cryptocurrencies have posted stratospheric returns but also exhibit immense volatility—should savvy investors add them to their portfolios?

The Power of Niche Accounting and Advisory Services You might need convincing, but it’s true: Narrowing your focus can actually expand your client base and help your firm flourish.

The Building Blocks of Blockchain Accounting and finance professionals must have a fundamental knowledge of this technology moving forward. Here’s why.

IRS Makes Major Change to Cryptocurrency Taxation The agency’s guidance remains cryptic, but crypto-to-crypto exchanges are now definitely classed as taxable events.