Bitcoin, the world’s first and most popular cryptocurrency, has been growing in popularity and value over the past few years. As of January 2018, a single Bitcoin is worth over $11,000. If you’re looking to invest in Bitcoin, you may be wondering if you can put it in your IRA. The answer is yes, you […]
What Is Unrealized Gain In Stocks
In the world of finance, there are a variety of terms that can be confusing for those who are not familiar with the language. One such term is “unrealized gain.” What is unrealized gain in stocks? Put simply, unrealized gain is the increase in the value of an investment that has not yet been realized. […]
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How Is Ethereum Taxed
When it comes to cryptocurrency, tax laws are often murky and undefined. This can be especially confusing when it comes to Ethereum, as its tax status is still being determined. However, there are some general things you need to know about Ethereum and taxes. For starters, Ethereum is considered a property, not a currency. This […]
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How Is Crypto Taxes
Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and can […]
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What Are Taxes On Bitcoin
Bitcoin is a cryptocurrency that was created in 2009. It is a digital asset and a payment system. Bitcoin is a decentralized currency, meaning that it is not regulated by any government or financial institution. Bitcoin is also a peer-to-peer currency, meaning that transactions take place between users without the need for a third party. […]
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How Is Crypto Taxed In The Us
Cryptocurrencies are taxable in the United States, and the way they are taxed depends on how they are used. For example, if you use cryptocurrency to purchase goods or services, the IRS considers it to be a form of currency and taxes it as such. However, if you hold cryptocurrency as an investment, the IRS […]
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When To Pay Taxes On Crypto
When it comes to paying taxes on crypto, there is a lot of confusion surrounding the topic. Many people are unsure of when they are required to pay taxes on their digital currencies, and which cryptocurrencies are taxable. In this article, we will attempt to clear up some of the confusion and provide you with […]
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When To Take Crypto Profits
Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and can […]
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24 Min
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When To Pay Capital Gains Tax On Stocks
When it comes to paying taxes on stocks, there is a lot of confusion surrounding when individuals are required to pay capital gains taxes. For starters, it’s important to understand that there are two types of stock-related taxes: capital gains and dividends. Capital gains taxes are paid on the profits made when you sell stocks […]
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How Are Bitcoin Capital Gains Taxed
Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a reward for a process known […]
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21 Min
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