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 ...
Even before the demise of the FTX and other cryptocurrency exchanges that have since declared bankruptcy, crypto was stressed. For many investors, the FTX scandal capped a disastrous 2022 that ...
The deadline to file 2024 crypto taxes is April 15, 2025, unless individuals request an official extension. Not all crypto actions create a tax event; holding or transferring assets between personal ...
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 ...
Learn how to deduct crypto accounting software costs on taxes. Explore IRS rules, business vs. personal use, eligibility, ...
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 ...
There are hundreds of tax forms and schedules published by the IRS. This post discusses some of the most frequently used tax forms and schedules applicable to cryptocurrency holders in the US. These ...
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 ...
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