Those who are fortunate enough to be successful investors generally know that when it comes time to cash in on their profits, the IRS is ready and waiting for its share. Capital gains taxes are ...
With the explosive volatility of Bitcoin and other cryptocurrency prices over the past few years, you may be sitting on some sizable capital gains or losses. You’ll need to report those to the IRS ...
Jessica is a financial planner with a decade of experience in providing tailored advice for her clients. She founded Pavilion Financial Planning to help young professionals with their money. Jessica ...
If you sell stocks at a profit, you will owe taxes on those gains. Depending on how long you’ve owned the stock, you may owe at your regular income tax rate or at the capital gains rate, which is ...
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How to deduct stock losses from your taxes
The IRS allows you to deduct capital losses on a stock or other investments from your taxable income. You will have to file ...
With nearly one in five U.S. adults diving into cryptocurrencies, it's about time crypto gets its own tax form. But is it the boon we've been waiting for, or just another thorny path we're forced to ...
SALT LAKE CITY, Jan. 11, 2022 /PRNewswire/ -- TaxBit, the leading tax and accounting software provider for the tokenized economy, announces the launch of the TaxBit Network—the first-of-its-kind ...
A recent survey from CreditWise found that finances were a top stressor for 73% percent of people, with money beating out politics, work and family when it comes to factors that cause stress in people ...
Uphold and TaxBit have partnered to tackle a surge of automatic audits that have been triggered by the issuance of 1099-K forms for individuals trading cryptocurrency. Starting last year, ...
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