With companies now investing in cryptocurrencies, accountants have to find a way to quantify their famously volatile price swings on their company’s financial statements—no easy task, for sure. On this week’s episode of our podcast, Talking Tax, we hear from the University of Minnesota’s Vivian Fang about why investors care about the value of companies’ crypto assets and about what future crypto accounting rules might look like.

The Senate on Thursday night passed a stopgap spending bill to avert a U.S. government shutdown, sending the measure to President Joe Biden for his signature.

Read more: SALT cap talks progressing slowly in Senate. Republican senators ask the IRS for more information on data leak investigation. The latest ‘Talking Tax’ podcast looks at crypto accounting.

The Senate on Thursday night passed a stopgap spending bill to avert a U.S. government shutdown, sending the measure to President Joe Biden for his signature.

Senate Democrats negotiating an expansion of the state and local tax deduction aren’t near a deal, raising the prospect that talks will spill into next week -- and potentially next year.

Government funding would be extended through Feb. 18, 2022, by H.R. 6119, which also would provide billions for the resettlement of Afghan refugees.

The Senate confirmed Brian Nelson to be the under secretary of the Treasury for terrorism and financial intelligence in a vote of 50 to 49 Thursday after being held up by Republicans seeking to pressure the Biden administration to impose sanctions to block the Nord Stream 2 pipeline from Russia to Germany.