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AICPA Suggests Tax Guidance for Cryptocurrencies (Accounting Today) - To add some clarity to the landscape, the American Institute of CPAs has sent the service some suggested FAQs to update practitioners and taxpayers on the unsettled issues that have arisen during the time that has elapsed since Notice 2014-21 was issued. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES Big Blockchain: The 50 Largest Public Companies Exploring Blockchain (Forbes) - A closer look at this yearâs Forbes Global 2000 list of the largest public companies in the world reveals that not only are all ten of the largest public companies in the world exploring blockchain, but at least 50 of the biggest names on the list have all made their own mark on technology first inspired by bitcoin. The CPAâs role in forming benefit corporations (JofA) -These increasingly common enterprises aim to create value for all stakeholders in socially and environmentally conscious ways. Accounting method change procedures are revised (AICPA) - The IRS updated the list of changes in accounting method to which the automatic change procedures in Rev. Proc. 2015-13, as clarified and modified, apply (Rev. Proc. 2018-31). How E-Commerce IT Can Comply With the New Online Sales Tax Law (PC Mag) - The US Supreme Court has ruled that states can collect tax on online sellers regardless of the state in which they're located. Things will get complicated for e-commerce operations, so here's some quick tips that can help. Taxation Accounting/Audit Business News |  TOP 5 MOST READ TOOLS OF THE TRADE e-BREAKS  Square Watermelons   |