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 ...

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 ...

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 ...

When you sell an asset for more than you paid for it, the profit you make is considered a capital gain and must be reported to the IRS. Understanding how to use Schedule D to report these gains will ...

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 ...

Forbes contributors publish independent expert analyses and insights. Shehan Chandrasekera is the leading expert on cryptocurrency taxes. Cryptocurrencies are taxed as property according to the IRS ...

These products and positions all raise tax implications that too often go unconsidered. Purchasing an NFT with bitcoin? Taxable. Trading your dogecoin for ethereum? Taxable. Using your staking income ...

Wolters Kluwer Tax & Accounting has partnered with CoinTracker and Verady to integrate their cryptocurrency software capabilities with the cloud-based CCH Axcess Tax and on-premise CCH ProSystem fx ...