Section 179 Deductions
Tangible business assets include vehicles, equipment, and furniture. Depreciation is an accounting method used to allocate the cost of a tangible asset over its useful life. Depreciation ties the cost of using an asset with the benefit gained over its useful life. The IRS specifies the useful life of many types of assets under the […]
Charges Filed in First Insider Trading Case Involving Crypto
In July of 2022, the Department of Justice charged three individuals in the first-ever insider trading case concerning cryptocurrency. This move reflects the US government’s increasingly aggressive commitment to regulating crypto. What We Know 3 individuals charged with wire fraud conspiracy and wire fraud 1 of the individuals is a former employee at Coinbase Estimated […]
