accounting

Crypto data platform Glassnode will sell its crypto tax platform Accointing to Blockpit to focus on new digital asset intelligence solutions targeting institutional investors and decentralized finance (DeFi), CoinTelegraph reported. What Happened:  Blockpit, a...

Currently, too many accounting professionals are making big mistakes by misinterpreting the tax code in an attempt to increase the deductions dispensaries take.  This approach could trigger an IRS audit and put companies at risk of incurring hefty penalties, or being shut down for not...

If you pay attention to cryptocurrency markets, you'll notice that prices have gone up—way up. Since 2009, the value of Bitcoin has gone from fewer than ten cents to over $56,000 (as of this writing). The value quadrupled in 2020 and surged more than 63 percent in 2021.  Though...

Real estate investments can be a profitable way to add a passive income stream to your bottom line. You bring money in from rent, spend money to maintain the property, and hopefully have a decent profit at the end of the year. But all this money going in and out must be tracked and not just with...

This article was originally published on Hoban Law Group, and appears here with permission. As of right now, sixteen states and Washington, D.C. have legalized cannabis for recreational adult use. A whopping 36 states have laws on the books regulating medical cannabis usage. The green economy...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. You might be wondering if you're liable to pay taxes on bitcoins and other cryptocurrencies you own while in the UK. Cryptos may not...

H&R Block Inc (NYSE: HRB) reported a third-quarter loss of 59 cents per share Thursday, missing the analyst consensus estimate of 55 cents by 4 cents. The company reported quarterly sales of $519 million, beating the analyst consensus estimate of $485.55 million by 6.89%. This is a 10...

Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) reported first-quarter results Saturday that showed a $1.1-billion net loss — and 49-percent jump in operating earnings.  The Analyst Morgan Stanley's Kai Pan maintains an Equal-weight rating on Berkshire's Class B...

Salesforce.com, inc. (NYSE: CRM) is well positioned to realize a large one-time gain from accounting changes, according to Baird's Rob Oliver" who detailed in a research report several accounting changes that are specific to salesforce and how it could impact the company. Oliver noted many...

Famed journalist, CNBC contributor and Managing Partner of Pacific Square Research, Herb Greenberg, was a special guest on Benzinga's PreMarket Prep Thursday. Among the many topics of conversation included Alibaba Group Holding Ltd (NYSE: BABA). Alibaba is in the midst of making a recovery...

• Keefe, Bruyette & Woods believes the new current expected credit loss standard (CECL) will be unveiled within the next several months. • The firm sees the new standard as a net positive in the long term for the financial industry. • The terms of the new standard will...

My first column showed why the theoclassical attack on regulation is the leading reason why we suffer recurrent, intensifying financial crises. This column explains why the attack on regulation impairs our recovery from these crises by contrasting two polar cases: the U.S. response to the S&L...