|
Tiger Woods should quit after latest DUI crash, Brandel Chamblee says: ‘Why would he need to play golf anymore?' New York PostJohnny Manziel reacts to Tiger Woods crash in Florida foxnews.comVanessa Trump issues fierce ultimatum to boyfriend Tiger Woods after shocking DUI arrest: report Page SixPresident Trump's ‘Firm' Rule For His Grandchildren: No Rides From Vanessa Trump's Boyfriend Tiger Woods Yahoo
|
|
Pope seems to rebuke Trump in remarks about leaders with ‘hands full of blood' The GuardianPope Leo says God rejects prayers of leaders who wage wars ReutersThe Pope's Sermon This Morning Was a Rebuke of Pete Hegseth Mother JonesPope Leo XIV rejects claims that God justifies war in Palm Sunday Mass message NPRPope Delivers Holy Warning to Trump in Blistering Address The Dai
|
|
For NASA's Artemis II Crew, Journey to the Moon ‘Starting to Feel Real' The New York TimesFinal Preparations Underway for NASA's Moon Mission NASA (.gov)'More than ready': NASA Artemis II astronauts revved up for rocket launch Florida TodayNASA crews upgrade Launch Pad 39B for historic moon launch Spectrum News 13
|
|
Scalise says senators have 'buyer's remorse' over DHS funding vote PoliticoScalise: Some senators ‘expressed buyer's remorse' about DHS bill The HillFitzgerald lets GOP off hook by blaming Dems for shutdown | Letters Milwaukee Journal SentinelScalise: How Many More People Have to Die Until Democrats Vote to Fully Fund DHS? Congressman Steve Scalise (.gov)
|
|
Pope Leo XIV rejects claims that God justifies war in Palm Sunday Mass message NPRPope Leo says God rejects prayers of leaders who wage wars ReutersPope seems to rebuke Trump in remarks about leaders with ‘hands full of blood' The GuardianPope at Palm Sunday Mass: ‘Jesus does not listen to prayers of those who wage war' Vatican NewsHow many missiles have fallen on the Pope's children? - comment The Jerusalem Post
|
|
Apollo vs. Artemis: What to know about NASA's return to the moon AP NewsArtemis II Crew Arrives at Launch Site, Shares Moon Mascot NASA (.gov)NASA crews upgrade Launch Pad 39B for historic moon launch Spectrum News 13NASA's giant moon rocket, in photos NBC NewsNASA is sending astronauts around the moon. Here's what to know. Houston Chronicle
|
|
Nearly all the bicycles sold in the United States are made overseas. An Indiana company set out to change that — and it's seeking a push from the Trump administration's tariffs.
|
|
How Wil Dow Jones Futures, Oil Prices React As U.S. Mulls Ground Troops In Iran? Investor's Business DailyStocks Keep Falling as Investor Lose Patience With the War in Iran The New York TimesDow tumbles almost 800 points and enters correction, S&P 500 posts fifth straight losing week: Live updates CNBCMarkets plunge and U.S. oil hits $100 as Trump fails to reassure Wall Street NBC News
|
|
The previously hot stocks of Clear Secure and car-rental companies were falling Friday as nightmare waits at airports appeared set to end.
|
|
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
|
|
