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 ...
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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Last year was ugly for cryptocurrencies. Even before the demise of the FTX and other cryptocurrency exchanges that have since declared bankruptcy, crypto was stressed. For many investors, the FTX ...
Taxes are complicated. Taxes involving crypto, at times, can be even more so. The Internal Revenue Service since 2014 has viewed crypto as property, so profits made from selling tokens are subject to ...