On October 9, 2019, the IRS released further guidance, on how virtual currency should be taxed. The last guidance, issued in 2014, explained that virtual currency is treated as property for Federal income tax purposes and applied tax principles applicable...
The stock market is on the rise, but you may be confused about whether to keep your stock, sell, and what the tax implications of selling are. Here are some of TurboTax tax experts’ favorite stock tips:
The end of tax season is the perfect time to think about building your nest egg. Elle Martinez of Couple Money gives tips on investing in your retirement. Tax season is over. This is typically a time when people are...
With the Fourth of July behind us, we reflect on our founding fathers and what the Declaration of Independence meant in the past and now. But what about savings techniques used by our founding fathers that can be used now? Ginita Wall shares savings tips adopted by one of our founding fathers that still works today.
Bitcoins continue to be an intriguing topic to many with the long-term value in question, the fact that they are not regulated by government, and income generated by the sale of them should be claimed on taxes, but losses can’t be claimed. Check out our Bitcoin calculator to find out current value based on current market prices.
Investing has never been easier than today with all the options available for people to really use their savings to achieve the dreams and the goals for the future. No savings to become a smart investor? Consider your tax refund to start investing in the stock market like a professional.
There are many tax benefits available to those who own rental properties. As an important example, most modifications you make to your rental property result in tax savings of one kind or another. Find out more here.