IRS Ruling: Crypto Currency Staking Rewards Are Taxable When Received

September 1, 2023 | 0 views

The IRS recently issued an important ruling on the taxability of cryptocurrency staking rewards, determining that staking rewards are essentially “income” and, therefore, taxable upon receipt and not deferrable until sale or swapping. Below, we will look at the ruling...

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IRS Announces End of Unannounced Taxpayer Visits (Mostly)

September 1, 2023 | 0 views

You wake up in the middle of the night. Heart racing, drenched in sweat, and breathing heavily. Thankfully, it was just a nightmare when the IRS showed up at your doorstep unannounced. Recently, however, this was the reality for some...

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How to Identify and Avoid Cash Flow Pitfalls

September 1, 2023 | 0 views

Looking at expenses for one's business is essential to reduce cash flow issues. For example, it would show if there's too much money leaving the business or what type of scenario the business might face if there's an unexpected and...

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The Ins and Outs of a Reverse Stock Split

August 1, 2023 | 0 views

When a company decides to conduct a reverse stock split, also referred to as a stock consolidation, the number of shares available to investors is reduced.In a normal (forward) stock split, a company increases its number of outstanding shares without...

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7 Best Money Moves for 2023

August 1, 2023 | 0 views

In light of our current economy, making sure your money works hard for you is one of the best things to do this year. Here are some ways you can navigate your financial situation, keep tabs on where you are,...

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