When a taxpayer files a tax return, SARS may send a request for verification or “audit request” in which it seeks clarification and/or supporting documentation from a taxpayer. The information sought by SARS is inevitably linked to the disclosures made by the taxpayer in that return. This is a preliminary step taken by SARS in Continue Reading…

The richest men in the world have lost billions of dollars in the past week as markets and technology stocks plummet. According to the Bloomberg Billionaires Index, in the last 24 hours Elon Musk lost US$12.5 billion ($17.41 billion), Jeff Bezos lost US$9.17 billion ($12.78 billion) and Facebook – now Meta – CEO Mark Zuckerberg Continue Reading…

US President Joe Biden is going to sign an executive order this week tasking federal agencies to assess the opportunities and risks associated with Bitcoin (BTC) and other cryptocurrencies. Bloomberg has reported that this executive order, when signed, will enable the federal agencies to assess and outline the government’s strategy to regulate the US market Continue Reading…

Coinbase, a platform for buying and selling cryptocurrencies like bitcoin, became the first major cryptocurrency company to go public in the United States on Wednesday. It’s a clear sign that crypto is firmly in the mainstream of the finance industry — and it’s not going away anytime soon. Coinbase stock — which is trading under Continue Reading…

A growing number of rewards programs are offering crypto instead of typical rewards points. Is a credit card that lets you earn crypto right for you? We take a look at the pros and cons of the new options. This content was originally published here.