Previously, Section 6050I required any person engaged in a trade or business who received at least $10,000 in cash, whether in U.S. dollars or a foreign currency, to report the transaction to FinCEN ...
Nik Fahrer, CPA, opened his session on digital assets at the AICPA National Tax Conference with five polling statements, including this one: “You really dislike the complexity of working with clients ...
In a working paper published by the International Monetary Fund in July 2023[1], the authors highlighted difficulties in trying to quantify the worldwide market in crypto-assets in order to calculate ...
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