Blockchain and cryptocurrencies are disrupting and transforming the way companies conduct business. Blockchain technology offers a decentralized, open ledger wherein all transactions are visible to everyone and once transactions are confirmed, they become an irreversible part of the blockchain.
Most cryptocurrencies use blockchain technology as a basis for transactions. Cryptocurrency usually does not require processing or an intermediary such as a bank, which makes conducting business more streamlined. As a result of this becoming more mainstream, accounting, assurance and tax services for cryptocurrency companies have become more complicated and require professional advisors that understand the nature of those complexities.
Manning Elliott CPA professionals have extensive knowledge and experience with cryptocurrency and blockchain technology. We can provide hands-on accounting, assurance and tax services related to these types of companies, whether they are private or public companies. Our skilled CPA professionals are trained on the complexities of the business aspects unique to cryptocurrency companies or companies using the blockchain technology.
We pride ourselves in understanding new technologies and assisting our clients to ensure they are compliant with tax, securities or any other rules. Manning Elliott is here to help keep you on track.