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How to save thousands by stacking Trump's new-car tax credits with Biden's USA TodayHere are all the EVs that are set to get more expensive now that the 'Big Beautiful Bill' has passed Business InsiderWhat to know about buying electric vehicles after the federal tax incentives end AP NewsHow Republican E.V. Cuts Could Put U.S. Carmakers Behind China The New York TimesHow to use tax credits for EVs and home projects before they expire
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Will Trump's megabill help Democrats win the House? NPRStates Brace for Added Burdens of Trump's Tax and Spending Law The New York TimesThe next megabill Congress needs to worry about PoliticoHow your income taxes will change after Trump signs the ‘big, beautiful bill' into law The Hill
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Social Security Administration sends misleading email lauding Trump's new tax cuts law NBC NewsDoes the "big, beautiful bill" eliminate taxes on Social Security? CBS NewsWhat to know about the $6,000 ‘senior deduction' in GOP megabill The Hill
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The highest earners in Wyoming, South Dakota and Texas stand to get a tax cut of more than $100,000, according to the Institute on Taxation and Economic Policy.
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About 145 million American adults say that they own or have owned cryptocurrency. Statistically, that's more than half of your co-workers, neighbors and friends.
It's also about the number of Americans who own stocks.
Even though it's not regulated by a government agency, cryptocurrency is becoming mainstream. However, President Biden recently signed an executive order to address cryptocurrency risks with a whole-of-government approach that could make cryptocurrency even more attractive to investors as well as traditional banks and credit unions.
SEE MORE Crypto Has Been Through the Wringer in 2022: What Now?
For the near term though, cryptocurrency remains a volatile, speculative asset that will likely continue its gut-wrenching booms and busts. That's not to say that cryptocurrency doesn't belong in a well-diversified portfolio, but I recommend that my clients first educate themselves about cryptocurrency before deciding whether or not to invest.
As Warren Buffet said about investing in cryptocurrency: "I get into enough trouble with the things I think I know something about. Why in the world should I take a long or short position in something I don't know about?"
Here are some important concepts to get comfortable with.
How Cryptocurrency Works: The Basics
Say you order a new set of patio furniture online. A credit card company or p
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