Latest Posts with Tax tag

Tax

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Money

18 Jun 2020 4 minute read 1 comment Aliana

  “Permit me to issue and control the money of a nation, and I care not who makes its laws.” - Mayer Amschel Rothschild   A (very) brief & simple explanation of the monetary system   In 1910, the world’s financial elite secretly met on Jekyll Isla...

4 best cryptocurrency portfolio tools to use in 2020

18 May 2020 6 minute read 2 comments GoCryptoWise

Are you investing in Bitcoin, and/or other cryptocurrencies like Ethereum, Ripple, Tezos, etc? Do you want to keep track of the value of your cryptocurrency holdings? Would you like to get notified when a cryptocurrency is dropping in price and/or i...

How to Do Your Own Taxes — A FreeTaxUSA Review

2 Apr 2020 2 minute read 0 comments The Budget Engineer

Have you ever thought about doing your own taxes? If so, you’ve come to the right place. I’m a do-it-yourselfer that wanted to learn more about my finances. Filing my tax return seemed like the perfect mission! I spend hours each week studying how to...

Turmoil in the market and how you can benefit from it

4 Mar 2020 1 minute read 0 comments The Finance Hacker

Intro Given the current state of the market and the wild swings between negative and positive I thought I'd write a short post on how this can benefit folks.   Capital Loss When you sell stocks that have lost money since you purchased them you incur...

Bitcoin and taxation in Italy: let's clarify

28 Feb 2020 4 minute read 0 comments CryptoSlashers

Bitcoin 2020 taxation: should cryptocurrencies and bitcoins be declared? Do I have to pay taxes on bitcoin capital gains?   Bitcoin taxation for businesses Let's start by saying that for companies Bitcoins must be considered as foreign currency. So a...

Crypto and Taxes

17 Feb 2020 1 minute read 1 comment MoneyMan

So I know this is going to be an unpopular topic, but coming up before you know it is tax day in the USA. This year as it is in most years, it’s on April 15th. I know you may be thinking, they’ll never find my crypto. But is it worth taking the risk?...

Tax season is upon us - don't forget about the FinCen FBAR!

15 Feb 2020 4 minute read 1 comment monkeybusiness

To start, let me disclose that I am not a financial advisor, tax advisor, or an accountant.  I am just a regular guy working an 8 to 5 job that also likes to trade cryptocurrencies on the side while staying on the right side of the law. The law, the...

Cryptocurrency & Tax Law in the United States

2 Feb 2020 7 minute read 0 comments Coastline17

Cryptocurrency & Tax Law in the United States When Bitcoin first emerged almost 11 years ago, there were people who thought it was just a phase that wasn’t going to stick. Some made a lot of money, while the skeptics remained doubting, waiting for th...

Taxation of Cryptocurrencies in Portugal

26 Jan 2020 1 minute read 0 comments portugal

Taxpayers who work with bitcoins have to pay taxes. But if the use of cryptocurrency doesn't involve a professional activity, it is exempt from taxation. Bitcoin, whose popularity has grown around the world, was the currency that most valued in 2016...

New Hampshire withdraws the bill that would allow bitcoin taxes to be paid to taxpayers residing in the state

21 Jan 2020 1 minute read 0 comments Roberto D.

The decision came on January 8th, the New Hampshire House of Representatives decided to withdraw the bill that would allow taxpayers to pay taxes in bitcoin; a proposal by the executive committee, which deemed this eventuality as inappropriate due to...