Digital Assets

Reporting Digital Assets on Your 2024 Tax Return

February 19th, 2025|Categories: Accountant, Bitcoin, Burns Firm, CPA, CPA Dallas, CPA near me, Crypto, cryptocurrency, Dallas CPA, Digital Assets, Services, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Return Preparer, Texas CPA, The Burns Firm, Virtual Currency|Tags: Bitcoin, CPA, cpa near me, Crypto Transactions, Dallas CPA, Digital Asset Transactions, digital assets, IRS and Digital Assets, Reporting Digital Asset Transactions, tax, tax accountant, tax advisor, Texas CPA, The Burns Firm, What is a Digital Asset|

A current IRS hot button is federal income tax reporting of digital-asset transactions. The government is concerned that some taxpayers fail to report the results of digital-asset transactions on their federal [...]

Address Digital Assets in Your Estate Plan

July 18th, 2023|Categories: Accountant, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Digital Assets, Estate Planning, Services, Tax, Tax Advisor, Tax Planning, The Burns Firm|Tags: CPA, CPA Dallas, cpa near me, digital assets, Estate Plan and Digital Assets, How to Handle Digital Assets in Your Estate Plan, How to Handle Digital Assets of a Deceased Loved One, tax advisor, Tax planning, The Burns Firm, What are Digital Assets|

Today, almost everyone owns some sort of digital asset — and some of these assets can be quite valuable. But if your estate plan doesn't account for digital assets properly, [...]