<![CDATA[ The service has slightly revised its 2014 guidance on the treatment of virtual currency to reflect the fact that some countries now accept Bitcoin as legal tender. ]]>
Day: April 24, 2023
ChatGPT bombs accounting class
<![CDATA[ A recent study has found that if ChatGPT were a student in an accounting class, it would get a failing grade. ]]>
The complicated world of noncash contributions
<![CDATA[ From a bag of used clothing to artwork worth millions, donations can get a tax deduction — the complications arise when dealing with substantiation requirements. ]]>
NASBA extends CPA exam window to 30 months
<![CDATA[ The association is giving candidates up to two and a half years to complete the exam after passing the first section of the test. ]]>
The 20 worst states to be a taxpayer
<![CDATA[ The worst five states had an average effective total tax rate on the median U.S. household of 14.31%. ]]>