IRS

New Survey Finds Accounting Teams Embrace Technology to Solve Hiring Challenges

New Survey Finds Accounting Teams Embrace Technology to Solve Hiring Challenges

Accountants are again taking a leadership role in their organizations with the adoption of cloud applications. According to FloQast’s new survey of accounting and finance professionals, 85 percent of respondents are facing increased challenges in hiring and retaining talent, and technology adoption is a key strategy in attracting and retaining talent.

The Classification of Bitcoin and Cryptocurrency by the IRS

The Classification of Bitcoin and Cryptocurrency by the IRS

IRS guidance is silent on which section of the tax code cryptocurrency falls into. This has major implications for the tax treatment of transactions involving Bitcoin. Read Craig Smalley's analysis on CPA Practice Advisor.