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IRS Cryptocurrency Reporting: What You Need to Know

IRS Cryptocurrency Reporting: What You Need to Know

The IRS and Treasury have finalized regulations requiring many custodial crypto brokers to report digital asset transactions using Form 1099-DA. Gross proceeds reporting applies to transactions on or after January 1, 2025, with cost basis reporting being phased in....
Red Flags in Financial Due Diligence

Red Flags in Financial Due Diligence

In Mergers and Acquisitions, Financial Due Diligence (FDD) is the buyer’s most critical line of defense before committing capital. It is the process through which advisors dissect a target company’s historical financial performance, assess the quality and...
How to Value Tangible Fixed Assets for Compliance

How to Value Tangible Fixed Assets for Compliance

A manufacturing company closes an acquisition within 90 days and moves on. Eighteen months later, it records a $90 million impairment charge. The root cause, buried in the post-mortem, is a purchase price allocation built on equipment values pulled directly from a...
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