Latest Stories

Treasury to Scrutinize Somalia Money as Trump Slams Nation

Treasury Secretary Scott Bessent said his department will enhance scrutiny of funds heading to Somalia outside of the traditional banking system, potentially stepping up pressure on a nation President Donald Trump has regularly disparaged.

Tether Bids on Juventus, Agnellis Said to Oppose

Tether Holdings SAhas submitted a binding all-cash proposal to acquire the remaining stake in the Italian football club Juventus Football Club SpA, taking full ownership after the El Salvador-based crypto firm invested in the team earlier this year.

Five Crypto Firms Get Coveted US Bank-Charter Nod

Five cryptocurrency firms received preliminary approval to perform certain banking functions from a US regulator on Friday, marking the latest step in the White House‘s embrace of what was once viewed as a risky, fringe industry.

Do Kwon Gets 15 Years for $40 Billion Terraform Fraud

Terraform Labs Pte. co-founder and onetime fugitive Do Kwon was sentenced to 15 years in prison for the fraud that led to the company’s $40 billion collapse in 2022 and triggered a series of cascading crises in the cryptocurrency world.

Tax Your Crypto and NFTs? Yes, the IRS Wants Its Cut

Cryptocurrency and NFTs continue to rise in popularity in the U.S., but many people are still confused about how they are taxed. In this video, a partner at Steptoe & Johnson who specializes in tax policy and cryptocurrency, lays out how different crypto transactions are taxed.

Accountants Take Center Stage in Trump, FTX Trials (Podcast)

From Across Bloomberg Law

Daily Tax Report ®Daily Tax Report InternationalDaily Tax Report StateFinancial Accounting
  • Daily Tax Report ®
  • Daily Tax Report International
  • Daily Tax Report State
  • Financial Accounting