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Insights · Page 2

Practical perspectives on tax, finance, and business — written by the people who work in it every day. 92 articles in the archive.

  • Startup Costs Amortization
    Startup Accounting & Taxes Feb 9, 2026

    Amortizing Startup Costs for VC-Backed Enterprises

    Amortizing startup costs is the process of spreading your initial business expenses over a 15-year period for tax recovery. Most companies deduct up to $5,000 of these costs immediately on their first tax return.

    Read more
  • Inheritance Tax Planning Overview
    Taxes Jan 21, 2026

    Inheritance Tax Planning & Reducing Exposure

    Inheritance tax planning is the process of preparing for taxes that apply in some states when someone receives assets after a death. It focuses on reducing tax exposure for beneficiaries and ensuring assets pass as intended.

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  • Tax-Free Gifting
    Taxes Jan 7, 2026

    Tax-Free Gifting

    The Internal Revenue Service (IRS) allows certain gifts to be made tax-free when specific requirements are met. Understanding how these rules work and planning ahead ensures your gifts support others without triggering unexpected taxes.

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  • Unfiled Cryptocurrency Taxes: Consequences & Solutions
    Cryptocurrency Accounting & Taxes Nov 25, 2025

    Unfiled Cryptocurrency Taxes: Consequences & Solutions

    “What happens if you don’t report cryptocurrency on taxes?” is a crucial question for any trader or small business involved in crypto. Whether you trade Bitcoin, stake Ethereum, or earn crypto income, unreported activity opens you up to the risk of steep fines and even criminal…

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  • HIFO vs FIFO vs LIFO for Cryptocurrency Accounting
    Cryptocurrency Accounting & Taxes Nov 17, 2025

    HIFO vs FIFO vs LIFO for Cryptocurrency Accounting

    When comparing HIFO, FIFO, and LIFO in crypto accounting, understanding how each cost basis method impacts your taxable gains is essential for smart portfolio management. Each approach determines which coins are considered “sold” first.

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  • How to Find a Cryptocurrency Tax Accountant Near You
    Cryptocurrency Accounting & Taxes Nov 6, 2025

    How to Find a Cryptocurrency Tax Accountant

    Finding a reliable crypto tax accountant near you is crucial when taking on the unique challenges cryptocurrency taxes present. Crypto transactions, including trades, staking, and NFTs, trigger different taxable events that require specialized knowledge and reporting to navigate.

    Read more
  • DAO Taxes: Everything You Need to Know
    Cryptocurrency Accounting & Taxes Oct 27, 2025

    DAO Taxes

    Decentralized autonomous organization (DAO) taxes are a growing concern as these groups continue to blur the lines between tax code and corporate structure. The lack of a centralized authority means tax responsibility often falls directly on individual contributors.

    Read more
  • GAAP Audit: What It Is, How It Works, and How to Prepare
    Accounting Oct 17, 2025

    GAAP Audit

    A GAAP audit is a critical process used to verify that a company’s processes align with generally accepted accounting principles (GAAP) when preparing financial statements. This type of audit ensures transparency, accuracy, and compliance in financial reporting.

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  • DeFi Taxes & How to Report Them
    Cryptocurrency Accounting & Taxes Oct 9, 2025

    DeFi Taxes & How to Report Them

    DeFi taxes are a rapidly evolving area of cryptocurrency regulation. DeFi, or decentralized finance, refers to blockchain-based financial services like lending, trading, and staking. It is often conducted across multiple wallets and platforms without intermediaries.

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  • Budget vs Actual and Why It Matters
    Accounting Oct 3, 2025

    Budget vs Actual and Why It Matters

    Budget vs actual analysis is a key financial tool that compares project figures to real-world results. It helps businesses understand where plans align or diverge from reality.

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  • Consolidated Tax Return Overview
    Taxes Sep 25, 2025

    Consolidated Tax Return Overview

    A consolidated tax return is a single tax return filed by a group of affiliated corporations as if it were a single entity. Consolidated filing offers a strategic way for corporate groups to manage their tax liabilities by offsetting the income of profitable members with the…

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  • Ethereum Tax Guide for Crypto Investors
    Cryptocurrency Accounting & Taxes Sep 19, 2025

    Ethereum Tax Guide for Crypto Investors

    Ethereum taxes are triggered by more than simply exchanging your crypto for cash. Actions like staking, swapping tokens, or purchasing goods or services with Ethereum often result in taxable events.

    Read more