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Google Business NewsOct 02, 2022
Sen. Marco Rubio says he'll oppose Hurricane Ian relief bills that include 'pork' - USA TODAY
Sen. Marco Rubio says he'll oppose Hurricane Ian relief bills that include 'pork'  USA TODAYRubio says he'll fight against Hurricane Ian relief bill if it has 'pork in it'  InsiderRubio says he'll vote against Hurricane Ian relief if bill is loaded with extra ‘pork' spending  The HillMatt Gaetz votes against hurricane relief money in home state of Florida after Hurricane Ian devastation  T

Google Business NewsOct 02, 2022
Weather Updates: Florida and Puerto Rico Reel After Storms - The New York Times
Weather Updates: Florida and Puerto Rico Reel After Storms  The New York TimesPresident Biden to tour Hurricane Ian damage, death toll rises  11AliveBiden to visit Florida and Puerto Rico to view Hurricane Ian devastation  NBC NewsBiden makes emergency declaration for North Carolina in Ian's wake  WHAS11Joe Biden Hurricane Ian Latest News on Florida Damage Bill  BloombergView Full Coverage on Google News

Google Business NewsOct 02, 2022
Credit Suisse reassures investors over bank's financial strength - Financial Times
Credit Suisse reassures investors over bank's financial strength  Financial TimesCredit Suisse CEO Seeks to Calm as Default Swaps Near 2009 Level  BloombergCredit Suisse Is in Deep Trouble  TheStreetCredit Suisse and the CDS Streisand effect  Financial TimesCredit Suisse is at 'critical moment' as bank prepares for latest overhaul, CEO says  msnNOWView Full Coverage on Google News

Google Market NewsOct 02, 2022
Truss defends her economic plan as UK Conservatives gather - Reuters
Truss defends her economic plan as UK Conservatives gather  ReutersPM Liz Truss defends uncosted UK tax cuts despite market turmoil  Al Jazeera EnglishUK PM Liz Truss admits mistakes on controversial tax cuts plan, but doubles down on it anyway  CNNTrickle-down Truss is carrying on the dirty work of Thatcher, Blair and Osborne  The GuardianLiz Truss: The prime minister's claims about the economy fact-checked  BBC

Google Business NewsOct 02, 2022
Credit Suisse Is in Deep Trouble - TheStreet
Credit Suisse Is in Deep Trouble  TheStreetCredit Suisse CEO Seeks to Calm as Default Swaps Near 2009 Level  BloombergCredit Suisse executives reassure investors after CDS spike, Financial Times reports  ReutersCredit Suisse is at 'critical moment' as bank prepares for latest overhaul, CEO says  msnNOWCredit Suisse and the CDS Streisand effect  Financial Times

KiplingerSep 26, 2022
Got Crypto? The IRS Really Wants to Know
The 2022 crypto price crash understandably has some investors concerned. But for those of you who haven't run for the hills, it's worth knowing that cryptocurrency currently has the attention of not only the Biden administration, and Congress, but the IRS as well. In terms of crypto news and taxes, the IRS recently proposed changes to cryptocurrency tax reporting question on the Form 1040. The agency will also receive $80 billion from the Inflation Reduction Act, some of which will be directed to digital asset enforcement—including cryptocurrency tax compliance.

Additionally, you may have heard that the IRS continues to successfully obtain court orders to require cryptocurrency brokers and exchanges to provide information to the IRS. That information concerns investors who failed to report and pay taxes on cryptocurrency transactions.

And while this IRS enforcement focus isn't new, recent crypto announcements and developments from Congress, the Biden administration, and the IRS, mean that it's important to stay up-to-date on crypto tax reporting and compliance. So, here's some information to get you started.

How Crypto is Taxed A common question about cryptocurrency concerns how crypto is taxed. The answer is that cryptocurrency is considered property, so it's taxed by the IRS in the same way that other capital assets are taxed. As a result, when you sell or trade crypto, you can have asset losses and potential taxable gains depending on the fair market value of the virtual currency, and your basis in the crypto.

SEE MORE 9 Ways to Cut Crypto Taxes Down to the Bone Given that, it

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