#bitcoin
Bitcoin
Bitcoin accounting, tracking, and tax reporting strategies
Bitcoin Mining Bookkeeping: Why Every Mining Pool Payout Is Its Own Taxable Event
Under IRS Notice 2014-21, every mining pool payout is ordinary income at its fair market value on receipt — a daily-payout pool creates ~365 taxable events a year before you sell anything. This guide covers hobby vs. Schedule C classification, 15.3% self-employment tax, Section 179 vs. 100% bonus depreciation for ASICs, the 2026 per-wallet cost-basis rule, Form 1099-DA reconciliation, and the per-lot records mining books need to survive an audit.
Bitcoin Treasury Accounting Under FASB ASU 2023-08: The Fair Value Shift
FASB's ASU 2023-08 requires companies to measure qualifying crypto assets like Bitcoin at fair value each reporting period, replacing the cost-less-impairment model that only ever recognized write-downs — a change now in effect for fiscal years beginning after December 15, 2024.
Independent ATM Operator and Cash Kiosk Route Bookkeeping: FinCEN MSB, BSA/AML, Form 8300, and the KPIs That Matter
A 2026 guide to bookkeeping for independent ATM and Bitcoin kiosk route operators — covering FinCEN MSB registration, BSA/AML programs, Form 8300 thresholds, Section 179 depreciation, vault-float accounting, and the five per-machine KPIs that determine whether a route is actually profitable.
The Complete Guide to Cryptocurrency Accounting with Beancount.io
Master cryptocurrency accounting with Beancount.io. Learn to track Bitcoin, Ethereum, DeFi activities, staking rewards, and ensure tax compliance with plain-text accounting. Complete guide for crypto investors and traders.