The ABCs of the Taxation of Virtual Currency

With new technologies come new forms of assets and, eventually, new rules for the regulation and taxation of such assets. Beyond the current frontier lies the land of the digital assets—cryptocurrencies, non-fungible tokens, and the like—that have become increasingly popular over the past several years. This article, co-authored by Tom Riggs, Tax Partner and Managing Director of our Financial Services Practice and Sidney Kess, JD, LLM, CPA of Kostelanetz & Fink, covers the basics of digital assets. It was featured in the September 2022 edition of The CPA Journal, published by the New York State Society of CPAs.

Read the full article here.

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Thomas J. Riggs, JD, CPA, MAS
Partner, Director Financial Services Tax
[email protected] | 646.449.6317