In a prior article, I wrote about the appeal of counting the Federal Government as a customer, because of the size of the government’s budget, as well as its creditworthiness. In that article, I ...

TaxBit, which makes tax and accounting software for the tokenized economy, debuted a new Cost Basis Interchange solution for reports and compliance on digital assets. While regulations on traditional ...

So, no income tax is charged on the exercise, but, what is the cost basis? If the stock options were charged to income tax, the cost basis will be the market value of the shares at the date of ...