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Paying Employees in Cryptocurrency: Payroll Withholding, W-2 Reporting, and State Law Compliance
·mike

Paying Employees in Cryptocurrency: Payroll Withholding, W-2 Reporting, and State Law Compliance

The IRS treats crypto wages as property valued at fair market value on the date of receipt — fully subject to income tax withholding, FICA, and FUTA, and reported on Form W-2. Here's how to value payments defensibly, avoid state minimum-wage violations, and prepare for Form 1099-DA cross-referencing in 2026.

payroll
cryptocurrency
crypto-taxes
tax-compliance
+4
Getting Paid in Stablecoins: What the GENIUS Act Means for Small Business
·mike

Getting Paid in Stablecoins: What the GENIUS Act Means for Small Business

The GENIUS Act, signed into law in July 2025, creates the first federal framework for payment stablecoins, and small businesses accepting them must record fair market value at receipt, track cost basis per transaction, and prepare for Form 1099-DA reporting starting with 2026 transactions.

stablecoins
cryptocurrency
payments
small-business
+4
Accepting Cryptocurrency Donations: A Nonprofit's Guide to Gift Acceptance, Valuation, and IRS Substantiation
·mike

Accepting Cryptocurrency Donations: A Nonprofit's Guide to Gift Acceptance, Valuation, and IRS Substantiation

Nonprofits accepting cryptocurrency gifts over $5,000 cannot rely on exchange prices for tax substantiation — IRS Chief Counsel Advice 202302012 requires a qualified appraisal, and ASU 2023-08 now mandates fair-value accounting for any crypto a nonprofit holds past the point of receipt.

nonprofit
charitable-giving
cryptocurrency
crypto-compliance
+2
Your Nonprofit Just Received a Bitcoin Donation. Now What?
·mike

Your Nonprofit Just Received a Bitcoin Donation. Now What?

A practical guide for nonprofits accepting cryptocurrency donations — how to write a gift acceptance policy for digital assets, apply FASB's ASU 2023-08 fair-value accounting rules, and meet IRS substantiation requirements including Form 8283 signatures, qualified appraisals over $5,000, and the Form 8282 three-year disposition rule.

nonprofit
cryptocurrency
charitable-giving
digital-assets
+4
Bitcoin Treasury Accounting Under FASB ASU 2023-08: The Fair Value Shift
·mike

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.

bitcoin
crypto-accounting
cryptocurrency
financial-reporting
+2
Cryptocurrency Miner, Staking Validator, and DeFi Yield Farmer Bookkeeping: The 2026 Tax and Recordkeeping Guide
·mike

Cryptocurrency Miner, Staking Validator, and DeFi Yield Farmer Bookkeeping: The 2026 Tax and Recordkeeping Guide

A practical 2026 guide for independent crypto miners, Ethereum validators, and DeFi liquidity providers covering entity selection, Form 1099-DA basis reporting, Rev. Rul. 2023-14, OBBBA Section 174 R&D expensing, FBAR/Form 8938 thresholds, and KPI tracking.

cryptocurrency
crypto-bookkeeping
defi
staking-rewards
+4
Independent ATM Operator and Cash Kiosk Route Bookkeeping: FinCEN MSB, BSA/AML, Form 8300, and the KPIs That Matter
·mike

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.

bookkeeping
small-business
compliance
cash-flow
+4
Form 1099-DA in 2026: Reconcile Per-Wallet Crypto Cost Basis and Avoid Overpaying
·mike

Form 1099-DA in 2026: Reconcile Per-Wallet Crypto Cost Basis and Avoid Overpaying

Form 1099-DA reports gross crypto proceeds but often leaves cost basis blank, and filing it as-is defaults basis to zero — taxing the full sale price. Here is how per-wallet tracking and reconciliation against the form let you pay tax on your actual gain.

cryptocurrency
tax
tax-compliance
tax-preparation
+2
DeFi Accounting: A Practical Guide to Tracking and Reporting Decentralized Finance Transactions
·mike

DeFi Accounting: A Practical Guide to Tracking and Reporting Decentralized Finance Transactions

DeFi protocols won't report your transactions to the IRS — but you're still required to. Learn how token swaps, staking, yield farming, and liquidity pools are taxed, plus a practical record-keeping system to stay compliant.

defi
crypto-accounting
tax-compliance
cryptocurrency
+4
How to Prepare for a Crypto Tax Audit: A Complete Guide to IRS Compliance
·mike

How to Prepare for a Crypto Tax Audit: A Complete Guide to IRS Compliance

Prepare for a crypto tax audit with essential insights on IRS compliance. Learn how the IRS treats cryptocurrency and what you need to do to stay compliant and protect your investments.

tax
cryptocurrency
crypto-tax-compliance
financial-planning
+1
DeFi Accounting: How to Track, Report, and Stay Compliant With Decentralized Finance
·mike

DeFi Accounting: How to Track, Report, and Stay Compliant With Decentralized Finance

Navigating the complexities of DeFi accounting can be challenging. This guide provides essential insights on how to track, report, and ensure compliance with decentralized finance transactions, making it easier for both casual users and seasoned investors.

accounting
financial-management
cryptocurrency
Cryptocurrency Taxes: The Complete 2025-2026 Guide for Investors and Business Owners
·mike

Cryptocurrency Taxes: The Complete 2025-2026 Guide for Investors and Business Owners

Gain clarity on cryptocurrency taxes with this comprehensive guide tailored for investors and business owners. Understand IRS classifications, tax obligations, and strategies for compliance in the evolving landscape of digital assets.

finance
cryptocurrency
tax
tax-compliance
+2
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