Expert insights on blockchain data, cryptocurrency accounting, and digital asset management
The real signal in the SEC staff’s statement is not that it is narrow. It is that even a narrow statement makes something harder to deny: when interface design shapes how users move through regulated financial activity, the design is no longer cosmetic. It becomes part of the control environment. […]
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Form 1099-DA entered the reporting landscape for tax year 2025 as a legitimate step toward digital asset tax transparency. What it is not, and what its design never intended it to be, is a foundation for reconciliation. This analysis covers the structural limits of broker-issued information returns, the correct source-first approach, and the data risks of uploading 1099-DA files to consumer platforms.
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MCP is emerging as a practical interaction layer for AI-assisted digital-asset reporting. The upside is speed and consistency in governed analytical workflows. The limit is clear: automation supports analysis, while licensed professionals retain attestation and sign-off responsibilities.
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Agentic payments are accelerating. If reporting controls lag, speed turns into risk. When a platform of Stripe's scale moves deeper into stablecoins and programmable payment rails, it resets executive expectations across the market — and exposes a quiet weakness many teams still carry.
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When the first wave of Form 1099-DA reporting hit taxpayers, the early conversations were predictable. Clients called their accountants with screenshots, totals circled in red, and a single question that sounded almost too simple for how anxious it felt.
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The European Commission escalated DAC8 enforcement this week. It sent formal infringement notices to 12-13 EU member states for failing to implement crypto tax reporting requirements. But here’s what matters for operations: your compliance deadline hasn’t changed. If you’re a Crypto-Asset Service Provider (CASP), validator with international delegators, accounting firm with crypto clients, ETF issuer […]
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On January 6, 2026, something small happened that will quietly reshape Ethereum ETFs. Grayscale’s Ethereum Trust (ETHE) distributed $0.083178 per share in cash. The amount was not the headline. The precedent was. Because the moment you admit staking yield can flow through an ETF, every issuer gets asked the same question, whether they want it […]
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Real-world asset tokenization has moved from conference slides to production systems. Treasuries, real estate, private credit, and commodities now trade as tokens on blockchain rails. For accounting and finance teams, this creates a new category of complexity—familiar assets with unfamiliar wrappers. The accounting questions are not theoretical anymore. When a company holds tokenized treasury bills, […]
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More companies hold digital assets on the balance sheet than ever before. Whether it is Bitcoin as a reserve asset, stablecoins for operations, or tokens earned through business activity, treasury teams face a new set of accounting, control, and reporting challenges. The playbook from traditional treasury does not map cleanly. Digital assets move 24/7, custody […]
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What SEC–CFTC Harmonization Means for Audit Evidence in 2026 If you work in digital assets, you have probably learned to treat Washington headlines as background noise. A hearing gets scheduled, a markup gets postponed, a new draft circulates, and the day-to-day work does not change. The SEC and CFTC talking publicly about “harmonization” feels like […]
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Why 2026 is the data capture year For years, crypto reporting has been framed as a policy and compliance story. In 2026, it becomes an operations story. Not because every jurisdiction has identical rules. They do not. Because multiple jurisdictions are now turning on reporting requirements at the same time, and they all demand the […]
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Blockchains all solve the same high‑level problem: how to reach consensus over a constantly changing state. But anyone who has spent real time inside the data knows that this surface‑level similarity hides an enormous amount of intentional diversity. The how and what of that state, especially as it relates to financial activity, is where the […]
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Why crypto reporting is now a data engineering problem On Jan 8, 2026, the IRS kicked off filing season messaging and made a point of calling out Form 1099-DA. That is the tell. Digital asset reporting is moving from “new rule” to “operational reality.” This year, more teams are going to learn the hard way […]
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What teams should retain every close The rules are mostly written. Now comes the part that matters: proving the numbers. In 2026, the gap between “we can explain it” and “we can evidence it” will determine who closes smoothly and who lives with follow-up requests. The goal is simple: every close should produce an evidence […]
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Reporting and Audit Imperatives for Institutional and Accounting Teams Crypto ETFs are heading into 2026 with a crowded pipeline and growing institutional attention. If you support ETF issuers, audit teams, treasury organizations, or institutional infrastructure, the operational takeaway is simple: Audit evidence has to be more repeatable, more complete, and easier to reperform. Below is […]
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Why this matters right now The AICPA and CIMA posted an updated version of their “Accounting for and auditing of digital assets” practice aid on Dec 16, 2025. For year-end audits, the practical impact is simple: audit teams will keep tightening expectations around (1) evidence, (2) repeatability, and (3) documented methodology. This practice aid is […]
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(and Why Accurate Financial Reporting Depends on Deep Transaction Parsing) Blockchain transactions are often described as “transparent,” but anyone who has attempted to audit a Solana transaction knows the truth: transparency does not equal clarity. A swap, exchanging Token A for Token B, seems simple enough on paper. Yet the moment you dig into an […]
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When the U.S. Treasury and IRS released Revenue Procedure 2025-31, they did more than “green light” staking for Ethereum and Solana ETFs. They told issuers that if they want the comfort of a safe harbor, they have to accept a very real operational constraint: staking rewards, net of trust expenses, need to be pushed out […]
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If your digital asset practice grows faster than your training plan, reviews slow and audit risk rises. The fix is not more bodies; it is a predictable training path that turns new staff into confident contributors. With NODE40, training pairs with analyst backup so your team gains independence without losing access to deep expertise. The […]
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Valigator and NODE40 Join Forces Staking is evolving. What began as a means to secure decentralized networks has evolved into a multi-billion-dollar industry that now attracts both retail stakers and institutional investors. With this growth comes higher expectations: performance, reliability, and reporting standards that match what investors rely on in traditional finance. Valigator and NODE40 […]
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The Hands-On Approach to Digital Asset Reporting Firms working in digital asset accounting face constant pressure. Clients expect fast turnaround, regulators demand precision, and competition never slows down. Yet much of the work required to produce accurate reports is tedious and repetitive. Teams spend countless hours loading data, validating formats, and reconciling issues instead of […]
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Digital asset reporting often looks simple in theory: every transaction lives on a blockchain or in an internal ledger designed to track value. In practice, firms quickly discover that the data rarely aligns cleanly. Exchange exports may omit activity. Wallet files can lack essential context. Clients sometimes hand over manually edited spreadsheets that introduce errors. […]
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Digital assets are no longer rare or optional. From high-net-worth portfolios to corporate treasuries and estate planning, they are now part of the financial mainstream. For accounting firms and financial professionals, this creates both an opportunity and a challenge: how do you serve clients with complex digital asset footprints without taking on the cost and […]
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Crypto is messy. For anyone who has ever moved digital assets between wallets, across blockchains, into DeFi vaults, staking pools, or centralized exchanges, you know how quickly the activity becomes overwhelming. Millions of transactions can pile up for a single person or business, and they rarely follow the strict rules of traditional finance. At NODE40, […]
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Introduction Confidence is not a slogan. It is an operational choice that produces measurable returns. If reviewers can click from any line item to its origin, they stop debating numbers and start approving them. Teams that can prove every number close faster, spend fewer hours on rework, and scale without multiplying headcount. This post frames […]
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Why Tokenized Public Equities on Solana Signal a New Market Phase Galaxy and Superstate just put SEC-registered public equity on Solana. That is not a headline about the distant future. It is a live pathway for compliant, programmable ownership with near-instant settlement and a road toward 24/7 markets. This is the kind of milestone that […]
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Why DoubleZero matters Solana’s speed is not only about how fast a validator can compute. It also depends on how quickly clean data reaches the node. The public internet is noisy and uneven; during busy periods validators burn cycles on duplicates and junk, and messages arrive later than they should. That shows up as missed […]
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Introduction In digital assets, coverage sounds impressive. It promises support for many chains and protocols. Auditors do not sign off on coverage lists. They sign off on evidence. On Solana, confidence comes from an evidence chain that starts at the signature, follows every cross-program step, and ends in a schedule that ties out without guesswork. […]
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Reconstructing Time and Ownership Accurate token movement and cost basis depend on two contexts: when the transaction happened and who owned the token accounts involved. Early Solana history sometimes lacks both. This guide explains when timestamps and ownership became reliable and how to rebuild them when they are missing. Abstract If you analyze Solana’s early […]
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A Vendor Evaluation Framework for Crypto Reporting Digital asset reporting should be judged by one standard: can the numbers be explained and defended. The right partner proves accuracy and traceability across wallets, exchanges, custodians, and protocols. Use the steps below to run a side‑by‑side test and score vendors on what matters. Goal: choose a reporting […]
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How NODE40 Helps You Explain Every Number Getting the numbers right is only half the battle. In a regulated environment, you also need to explain how you got there. Review-ready reporting means every figure can be traced to its source, with clear classification logic and reconciliations that tie out. Most crypto tools were built for […]
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A Dive into Solana DeFi Accounting Abstract This article explores how to track user activity on Solana’s MarginFi protocol – specifically, how to identify value deposited into and withdrawn from MarginFi vaults when user-controlled wallets no longer directly hold those assets. While most systems attempt to follow token balances, NODE40 captures financial intent and economic […]
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Making Crypto Activity Defensible In the early days of crypto accounting, a simple spreadsheet might have been enough. But as digital asset activity becomes more complex and regulatory scrutiny increases, raw exports no longer meet the mark. Today, CFOs, controllers, and auditors need more than a ledger—they need a narrative. The Problem with Building In-House […]
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How NODE40 Handles Complexity Without Compromise The digital asset landscape is evolving fast. What used to be simple buy/sell activity has expanded into staking rewards, validator income, high-frequency trades, cross-chain flows, and DeFi protocol interactions, all happening simultaneously and at scale. For institutions operating in this space, the complexity isn’t optional. It’s foundational. But complexity […]
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1099-DA and Why Most Firms Aren’t Ready The rollout of Form 1099-DA marks a turning point in how the IRS will track digital asset activity. For the first time, centralized platforms will be required to report digital asset transactions to the federal government, generating billions of new information returns. But while the regulatory spotlight is […]
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As the digital asset ecosystem matures, the need for credible, audit-ready financial reporting has never been more urgent. Yet many crypto reporting tools continue to deliver surface-level solutions: CSV exports and dashboards that collapse under scrutiny. NODE40 is driving a shift, from vague protection to confidence grounded in precision and data integrity.” The Illusion of […]
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The world of crypto investing is entering a new era. Over the past several months, global asset managers have been stampeding to file for spot Solana ETFs. What’s different this time isn’t just the desire to hold SOL as an asset, it’s that many of these proposed ETFs are looking to stake their Solana holdings […]
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Abstract On Solana, a stake account is not merely a balance‐holding public key. Each stake account delegates distinct rights to two different authorities, a stake authority and a withdraw authority, allowing separate entities to manage delegation and withdrawals. While this dual‑authority model is powerful for delegation and custody workflows, it shatters the notion that one […]
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Introduction As the blockchain ecosystem matures, companies developing financial products on Solana and emerging Solana Virtual Machine (SVM) blockchains, such as the new FOGO chain, face increasingly complex challenges. These challenges are not just technical but also regulatory, as recent U.S. Treasury and IRS regulations place higher demands on digital asset reporting and compliance. Solana’s […]
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At NODE40, user experience is paramount. We prioritize client feedback to continually enhance our platform, and always place our clients at the core of our development process. Our support team is actively listening to your needs, pain points, and suggestions. This feedback results in some amazing enhancements! This week, we’re highlighting some important features now […]
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Introduction Solana has emerged as a high-performance network known for its fast transaction speeds and low costs. Validators play a crucial role in maintaining the integrity of the network, but tracking their financial performance is complex. This case study explores the financial landscape of Solana validators, using an actual validator from Asymmetric Research (AR) for […]
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There are plenty of difficulties tracking Solana, but they generally stem from three categories: Blockchain Size and Cost to Operate When your job is to track and understand any transaction, you need access to the full dataset, which means using an archive node. Solana weighs in at a whopping 300 terabytes and growing at a […]
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For businesses operating on Solana, the need for accurate transaction tracking is more than a matter of good bookkeeping—it’s essential for thriving in a rapidly evolving blockchain ecosystem. Solana, while efficient and scalable, presents unique challenges when tracking and reconciling transactions. Even high-revenue participants struggle to account for their financial activities without the right tools. […]
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We’re delighted to announce our latest release, packed with enhanced performance and numerous updates!
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1099DA rules are final. Are you ready? Join NODE40 and A&M Tax for an update on what it means for you.
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We are thrilled to announce our latest release, featuring new functionality, improved performance, and various updates. As we continuously improve our product, we welcome your feedback at support@node40.com. Updates to Coinbase API Keys Coinbase has introduced a new and improved API key system through the Cloud Developer Platform (CDP). This update brings several benefits. It includes […]
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NODE40 is excited to announce our latest release, packed with new features, improved performance, and various updates. As we continue to enhance our product, we invite you to send any feedback to support@node40.com. Support for Multi-Token LedgersOur latest updates add full support for multi-token ledgers such as Uniswap v3 Liquidity Pools. Uniswap v3 is the […]
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In a surprising move, the SEC earlier today, approved the highly anticipated ETH exchange-traded fund (ETF). Although the trading volume of the ETH ETF is expected to be lower than the first days of the BTC ETF, the inevitable developments following this approval are incredibly exciting. Like the BTC ETF, the ETH ETF will draw […]
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As the January 1, 2025 deadline mandating crypto brokers to issue Forms 1099-DA approaches, the industry faces a massive compliance burden that most are unprepared for. Even the estimated 8 billion forms could be too low once tax lot reporting kicks in. Brokers must brace for an onslaught of customer inquiries once these new tax forms start arriving. The 1099-DA […]
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NODE40, a leader in blockchain financial reporting and compliance, is thrilled to announce a new strategic partnership with TCS Blockchain, the pioneering blockchain solution for freight invoice settlement. This collaboration will enable TCS users to meet their reporting, tax, and transparency needs with ease, enhancing the compliance capabilities of transportation companies in North America. TCS […]
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The IRS unveiled the much-anticipated draft of Form 1099-DA on April 18th. It’s crucial that any entity falling under the broker category, as per the proposed rules of August 2023, comprehends the reporting obligations. With the reporting requirement set to kick in on January 1st, 2025, there are only eight months to devise a viable […]
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NODE40, a leader in economic analysis and financial reporting for digital asset activity, announced today it has jointly developed a solution with SoftLedger to fully integrate its digital asset data within the accounting services and offerings of SoftLedger. SoftLedger is now using NODE40’s newest API-based offering, which seamlessly integrates NODE40-processed digital asset data into accounting […]
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Comments to the Proposed Regulations on Gross Proceeds and Basis Reporting by Brokers and the Determination of Amount Realized and Basis for Digital Asset Transactions (REG-122793-19) To Whom It May Concern: NODE40 would like to thank the U.S. Department of Treasury (the “Treasury”) and the Internal Revenue Service (the “IRS”) for the opportunity to comment […]
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NODE40’s Responses to a Request for Feedback from Senate Finance Committee Chairman Ron Wyden and Finance Committee Ranking Member Mike Crapo on the tax challenges and opportunities presented by digital assets Dear Chairman Wyden and Ranking Member Crapo, NODE40 Inc. is a company based in Albany, NY that specializes in the economic analysis and financial […]
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NODE40, a leading blockchain accounting and tax software solutions provider, is pleased to announce that it has successfully obtained SOC 1 Type 2 certification. This achievement underscores NODE40’s dedication to maintaining the highest standards of data security, internal controls, and compliance in the industry. The Service Organization Control (SOC) 1 Type 2 certification is an […]
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At NODE40, we believe in promoting diversity and inclusion within the cryptocurrency and blockchain industries. That’s why we’re excited to announce our sponsorship of the 2nd annual Women of Bitcoin event, taking place on May 18th during Industry Day at Bitcoin Miami 2023. We are proud to partner with Natalie Brunell and other passionate companies […]
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NODE40, a leading provider in the analytics of financial transactions from the blockchain, is pleased to announce that Norman Hannawa has joined the company as Head of Tax and Accounting Solutions. Mr. Hannawa is a tax attorney who brings a wealth of experience in tax and accounting, specializing in digital assets. He has over 20 […]
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In A Treatise of Human Nature, the philosopher David Hume discusses the problem of the correlation between is and ought. The premise is that you should not make a determination about what ought to be based on what is. Hume is not an easy read, and the is/ought dichotomy focuses on ethical theory, but what […]
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Financial Technology (FT) Partners released the much anticipated 2022 report on Blockchain Accounting and Tax Solutions. NODE40 is highlighted for its enterprise support of DeFi and assurance offerings. As Ryan Selkis notes in the Mesari Crypto Theses for 2023, compliance companies will thrive in both bull and bear markets. FT echoes this by writing, “As digital assets […]
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NODE40, the leading data analytics and financial information platform for cryptocurrency, announces $4 million in funding for its Series Seed Round led by Card1Ventures, LLC. Co-founded by engineers Perry Woodin, CEO, and Sean Ryan, CTO, NODE40 offers a unique cryptocurrency tax, accounting, and compliance solution that transforms complex transaction data into actionable information. NODE40’s focus […]
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ALBANY, NY – NODE40, creators of NODE40 Balance, the industry-leading digital assets reporting company, has announced that the former head of global sales for payments company Chargebacks911, David Jimenez, has accepted the role of Director of Partnerships. Jimenez’s career spans 25 years in Commercial Development and Sales Leadership with Chase Paymentech, Ingenico, and CenPOS. At […]
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Swapping, zapping, farming. Smart contracts, NFTs, wormholes. Welcome to the world of cryptocurrency accounting. Not only is the vocabulary often foreign, but the underlying technology is evolving so rapidly that it can take time to remain informed. If your clients engage with cryptocurrency, you need to support them or risk losing business. If you don’t […]
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The report discusses the current state of the blockchain economy and provides a primer on key blockchain technologies and use cases. “Interest in cryptocurrencies has never been higher.” – FT Partners report: The Blockchain Economy, April 2022 FT Partners, a leading investment banking firm focused exclusively on the financial technology sector recently included NODE40 in […]
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You made it! Another tax year in the bag — or at least deferred until October. Now you can take the time to think about strategy. Tax strategy and tax liability are two sides of the same coin. An effective tax strategy can mitigate one’s tax liability. With cryptocurrencies, the difficulty lies in understanding the […]
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The IRS is about to make an example out of cryptocurrency tax avoiders – don’t let it be you. This year, the IRS will ask you if you had cryptocurrency in 2019 and it’s going to make a lot of people nervous. Until now, those choosing to report taxes on crypto were somewhat shielded from […]
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A lot of people are, but you don’t have to be one of them this tax season. Over the last five years, the customer support team at NODE40 has been fielding all sorts of questions from customers and reporters, so we tailored our self-service tax platform to help you make sense of your cryptocurrency tax […]
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NODE40, the software company behind NODE40 Balance, an essential platform for individuals, accountants, and auditors has joined the Wall Street Blockchain Alliance (WSBA). Its addition to the growing family of WSBA corporate members reinforces NODE40’s commitment to advocacy of transparency and compliance in the cryptocurrency and blockchain space. “We’ve followed the Alliance for several years […]
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NODE40, a leader in cryptocurrency tax calculation, announced today its SMART algorithm (Simple Multi-Account Reconciliation Technology), designed to track and match the cost basis of cryptocurrency transactions is now patent pending with the US Patent and Trademark Office. “The IRS recognizes that a lot of taxpayers have trouble explaining cryptocurrency transactions on their taxes and […]
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Albany, NY, October 9, 2019 – NODE40, the premier cryptocurrency cost-basis tracking company, today announced the company has successfully completed the requirements for a Service Organization Control (SOC) 1, Type I Audit covering its Balance product. The audit was undertaken by Armanino LLP. “Completing a SOC 1 audit provides our customers and partners the assurances […]
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You’re probably receiving emails from other crypto tax platforms filled with claims about how they can save you money on taxes. They claim to have some optimized way to crunch your numbers, or they allow you to pick a minimization strategy when you import your data. If your goal is to try and cheat the […]
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NODE40, developers of NODE40 Balance, an industry-leading blockchain accounting platform has announced a partnership with global tax software leader Sovos to offer an all-inclusive suite of Tax & Compliance Automation services for Virtual Asset Service Providers. NODE40 and Sovos are coming together to provide Virtual Asset Service Providers compliance and protection from regulatory risk. Sovos is the […]
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If you are working as an accounting professional at a virtual asset service provider (VASP), it can be hard to keep up with the complexities involving all the new assets that seem to enter the market on a daily basis. NODE40’s CTO Sean Ryan recently gave a presentation at the Crypto Tax Workshop hosted by […]
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NODE40, creators of NODE40 Balance, the industry-leading digital assets reporting company has announced that former chief technology officer for Thomson Reuters Wealth Management, Mike Sullivan, has accepted the role of chief operating officer. Sullivan started his career as an intern at BETA Systems (the largest private cloud provider for the US retail financial brokerage industry), […]
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Different corporate compliance efforts and a rapidly evolving cryptocurrency industry have outpaced the IRS guidance, leading to American taxpayers receiving notices like the CP2000 from the IRS of massive underreporting. Join crypto tax thought leaders from Sovos and NODE40 as they discuss why users of virtual currencies receive underreporting notices from the IRS and how you can fix the […]
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We have been supporting ERC-20 tokens for as long as we have supported importing transactions from exchanges. But what you may not know is that we also support the creation of ledgers for ERC-20 tokens in a contract. If you have ERC-20 tokens like BAT that you self-custody, then you’ll want to use NODE40 Balance to calculate your income, […]
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The next filing deadline is right around the corner. If you have cryptocurrency trading activity to include on your tax return, preparing as early as possible is a very sensible approach. While not an impossible task given the proper tools, organizing and understanding your crypto tax liabilities does require some thought. The level of complexity […]
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While the buzz around Bitcoin is well and truly reaching papers, airwaves, and TV screens across the globe, there’s something far less visible, but far more exciting at play. I’m talking about the IRS’ hunt for Bitcoin billionaires, or more specifically, individuals that have forgotten to, inadvertently, or deliberately flouted their tax reporting obligations. It’s […]
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While independence from government intervention was one of the key tenets that Bitcoin was built on, the majority of cryptocurrencies now operate under far more scrutiny from the authorities than many early pioneers would have hoped for. Unsurprisingly, one of the most interested government authorities is the IRS. The tax agency has noticed the extraordinary […]
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This is a TIL story. It’s the story about the power of a platform to bring clarity to cryptocurrency transactions. It’s a story brought to light by NODE40 Balance. Earlier this year, we had a customer come to us and ask if we could help make sense of his Coinbase/Coinbase Pro transactions so he could […]
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