The U.S. government is being called out by an Illinois-based government finance watchdog for its spending and reporting ...

President Trump’s second administration painted a new landscape for digital assets and cryptocurrency in the United States ...

President Trump signed an executive order titled Strengthening American Leadership in Digital Financial Technology (Crypto ...

A new Staff Accounting Bulletin on Jan. 23 said it “rescinds the interpretive guidance” of SAB 121, an agency rule published ...

SEC revises crypto custody accounting policy with SAB 122, offering banks flexibility in reporting liabilities for ...

Truth in Accounting recently took part in a virtual event called “Citizen-Heroes Conference” aimed at exposing the true scope of U.S. government financial obligations. Economists and fiscal ...

Filing your taxes for the first time? Here’s everything you need to know, including the necessary forms, how to report your income, your filing status, and your filing options.

After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule ...

The SEC's repeal of SAB 121 reignites the debate on Bitcoin custody, with some supporting banks holding BTC while others ...

The Institute is asking the Treasury and the IRS to increase the safe harbor for companies seeking to avoid determining ...

The SEC announced this week the formation of a crypto task force led by Republican Commissioner Hester Peirce. In a post on social media platform X on Thursday, Peirce hailed the decision: “Bye bye, ...

On January 23, 2025, barely 72 hours after the appointment of Mark Uyeda as the Acting Chairman of the U.S. Securities and Exchange Commission, ...