Cryptocurrency taxation can be complex, and it often depends on your jurisdiction. Tax regulations can vary between countries and even within different regions. Here are some things to think about as you prepare to file your tax return. Capital Gains Tax: Most jurisdictions consider the buying and selling of cryptocurrencies as a taxable event, similar […]
As the tax year comes to a close, many self-employed individuals and small business owners are considering how to best capture all of the relevant expenses involved with running their business. Here is what to consider: – Was the expense related to generating business income? Consider not only wage and inventory expense, but also office […]
KEY INFORMATION YOU NED TO KNOW. STEPS AND TIPS – Standard deduction; $13,850 for single and married filing separately filers, $20,800 for heads of households and $27,700 for joint filers and surviving spouses. Add an additional $1,500 if you’re over 65 or blind ($1,850 if single or head of household filing status). These are small […]
