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    There are audiences, and there are fans. Fans represent a segment of consumers seeking long-term, consistent relationships with the intellectual property, artists, teams, and franchises they love.1 And while the media and entertainment industry is largely optimized around moments—blockbuster movie premieres, live sporting events, video game releases, and TV season launches—fandom isn’t experienced on the…

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    The tax code treats virtual currency as property, not currency, triggering income recognition events that many taxpayers never anticipated, according to a Congressional Research Service (CRS) report published September 2. The stakes are immediate: a recent Tax Court ruling upheld staking income taxation, a pending case challenges the same principle, and Congress is drafting bills…