The idea of cryptocurrency taxes might make you cringe, but it’s not as bad as you think. Unless you plan on hiding your cryptocurrency gains from the government and hoping they don’t find out, you will need to report them as additional income on your taxes. Moreover, because many crypto transactions take place in a sort of “gray area,” reporting them correctly is essential if you want to avoid an audit and possible fines. Deciding whether Taxes Are Due for Your Crypto Transactions The Internal Revenue Service (IRS) sees cryptocurrency as property, not currency. This means that if you receive …
Author: Iggy Jessi
How to Select the Right Candidate In Politics?
Politics is a game played by different rules and dynamics. It is not as simple as hiring someone and giving them a desk or cubicle to sit in, but there are many other things you need to keep in mind while hiring. Politics is all about bringing change, so you want people who can align with your vision. They should be willing to take up the role of an elected representative and campaign for their seat. Research and Assessment As the first step, you need to do some research on the candidate and their work in the past. You need …
Why Being a Major in Finance is the Key to Winning Your Campaign?
If you are considering running for a city council seat, school board position, or another local role, you may be wondering what your best options are. The good news is that there are many careers that can put you in an excellent position to run for office. A major in finance, for example, can be very helpful in a campaign. Why? Let’s take a look at why being a major in finance is the key to winning your campaign. Understanding Local Economies If you have studied economics or have a minor or certificate in the subject, this will also be …
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- House Reps. Introduce TICKET Act to Force Ticket Sellers to Disclose Base Price and FeesUS lawmakers recently introduced the TICKET Act, which aims to force ticket sellers to display upfront and at point of sale, all fees imposed as charges. The bipartisan bill formally titled as “Transparency In Charges for Key Events Ticketing” (TICKET) Act came around after the sale of Taylor Swift’s Era Concert Tour became “the last […]
- The Relationship between Finance, Politics, and Crypto ExchangesCrypto exchanges are becoming an increasingly important part of the financial landscape. With the rise of cryptocurrencies and blockchain technology, these exchanges are providing a platform for individuals and businesses to trade and invest in digital assets. However, the world of crypto exchanges is far from simple, and it’s important to understand the interplay […]
