Coinbase Tax Form Changing: What It Means For You

by Curt Mastio
on December 01, 2023

In the eyes of the IRS (and most other global tax authorities) – gains are gains. If you’re making money from any source — including cryptocurrency — you are required to report it to your tax ...

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Dive deeper into our insights on accounting, tax, and CFO topics for venture-backed technology startups in the blockchain, crypto, and SaaS industries.

2024 Year-End Crypto Tax Planning: Updates and Important Changes

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The 2024 calendar year has brought with it major milestones and new regulatory considerations for cryptocurrency investors. Among those milestone events are Bitcoin surpassing ...

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Year in Review: Financial Reporting and Analysis

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Do you know how your business performed this past year? Savvy business owners know that year-end financial reporting and analysis present a perfect opportunity to reflect on the ...

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In the early days of a startup, founders are focused on getting their product to market, achieving product-market fit, and growing as quickly as possible. As the business scales, ...

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An Overview Of Accounting Ethics

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A financial accountant is in a unique position; they have access to the financial information of people or companies. With power comes responsibility, which leads to the ...

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Some Of The Top Accounting Softwares For Small Businesses

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More companies, whether they’re small or large, are taking advantage of accounting software. However, not all accounting softwares for small business needs are the same.

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QuickBooks Vs. Quicken: What's The Difference?

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Financial management tools such as Quicken or QuickBooks for accounting are two of the most widely recognized names across the globe.

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What Is Cost Accounting? A Quick Guide

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Running a successful business requires overseeing many moving parts, one of the most important being its costs. This is where accounting for cost (commonly referred to as cost ...

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The Basics Of QuickBooks And Help With QuickBooks Support

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The majority of accounting professionals are familiar with QuickBooks, a software aimed at helping small or medium-sized businesses handle and navigate their financial ...

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What Are Accounts Receivable? Definition And Uses

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If you’re looking for the receivables accounting definition, you’re in the right place.

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Controller vs CFO: What’s Right for Your Startup?

Accounting

Have you settled the controller vs. CFO debate for your startup? Both pivotal leadership positions help you steer your startup toward financial success.

Cash Basis Accounting vs. Accrual Accounting

Accounting

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Running a business means dealing with bookkeeping and accounting. There are two ways of accounting: cash basis accounting and accrual accounting.

Curt Mastio

What to Consider Before Engaging a Cryptocurrency CPA

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From staking tokens to minting NFTs to arbitrage trading, there is no shortage of transaction types when it comes to cryptocurrency. What’s potentially even more confusing is that ...

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Track and Improve Customer Retention Metrics

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Customer retention metrics sometimes go unnoticed, but they are crucial metrics that determine a company’s success. Businesses must track customer retention and identify trends to ...

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The Importance of Bookkeeping for Startups

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For new startups and their founders, managing the accounting for their business can be an intimidating, and seemingly daunting task. Even some of the most basic aspects of ...

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The Complete Guide to Startup CFO Services in 2021

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Startup CFO services are growing in popularity, as founders lean on financial experts to provide a data-driven path to success.

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How to Evaluate Your SaaS Business Financial Model

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A SaaS business financial model is different from a traditional business financial model. In a conventional business, you create a product with predictable revenue, costs per unit ...

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Five Ways an Accounting Service Can Improve Your Small Business

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Whether you own a global Fortune 500 corporation or a small local retail store with three employees, your financial operations are at the very core of your business. Finance is ...

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Bench Accounting Reviews, Pricing & Alternative | Founder’s CPA

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“Accounting is the language of business.” — Warren Buffett

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A Guide to Prepare 1099-MISC Forms Before the Due Date

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Small businesses must send out 1099-MISC reports to almost everyone they do business with. The form is given to non-employees, like independent contractors and other business ...

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8 Simple Steps for an Effective Bank Reconciliation

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Bank reconciliation is rarely something most small business owners and entrepreneurs want to do. It is, however, essential to keeping the financial aspects of a business running ...

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Crypto

Mainstream Companies Entering Crypto

Posted by Curt Mastio, December 01, 2023

A lot has happened since Bitcoin launched in 2009. Cryptocurrencies have gone from being a topic that if you brought up in a conversation your friends and family would give you weird looks, to ...

Crypto

Understanding FIFO, LIFO, HIFO (Crypto Help)

Posted by Curt Mastio, December 01, 2023

As with any investment, if you’re buying, selling, or trading cryptocurrencies, any gains you make will need to be reported to the IRS. Because of the astronomical rise of cryptocurrency prices over ...

Crypto

Blockchain Accounting Software: How Crypto Changes Things

Posted by Curt Mastio, December 01, 2023

Cryptocurrency has experienced exponential growth over the last few years. Because of this, businesses need to understand blockchain accounting and how to track crypto transactions. The invention of ...

Crypto

Robinhood Taxes: What You Need to Know

Posted by Curt Mastio, December 01, 2023

Long gone are the days when crypto was considered a fringe interest. Today, crypto has become a legitimate investment asset that is steadily finding its way into more and more portfolios. There’s a ...

Crypto

Pros and Cons of Cryptocurrency in Business

Posted by Curt Mastio, December 01, 2023

Even though cryptocurrency isn’t exactly new, it’s only been in the last couple of years where it started to gain mainstream recognition from businesses and financial institutions as a legitimate ...