Treasury, IRS issue final regulations requiring broker reporting of sales and exchanges of digital assets that are subject …

Treasury, IRS issue final regulations requiring broker reporting of sales and exchanges of digital assets that are subject …

These reporting requirements will help taxpayers to file accurate tax returns with respect to digital asset transactions, which are already subject to tax under current law. These final regulations reflect consideration of more than 44,000 public comments …
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El-Erian Says US Slowing, Fed Should Consider July Cut – YouTube

Mohamed El-Erian, a Bloomberg Opinion contributor, says the US economy is slowing faster than the Federal Reserve expects on Bloomberg Television.
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On the move: Forvis Mazars names Key Award winners | Accounting Today

KPM welcomes eight new staff accountants; ConvergenceCoaching graduates 2023-24 spring leadership class; and more news from across the profession.
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Making Sense of Proposed FASB Software Accounting Changes – PYMNTS.com

Under a forthcoming proposal from the Financial Accounting Standards Board (FASB), U.S. companies may need to report software expenditures.
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Polestar Loss Deepens to $1.46 Billion Amid Slowing Demand (1) – Bloomberg Law News

EV maker had delayed earnings report over accounting errors · Production outside of China set to increase this year and next.
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