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Cryptocurrency has become increasingly popular, but with that popularity comes a need to understand the tax implications of trading crypto. This comprehensive guide will explain the basics of crypto taxation…
Understand crypto reward taxation with this comprehensive guide. Learn about different types of crypto rewards, the US tax treatment of them, and strategies for crypto investors.
Understanding the impact of Social Security and Medicare tax withholding on your tax bracket is key to knowing how it affects your yearly taxes. Learn what these withholdings entail, how…
Writing off health insurance can result in significant tax savings. Learn how to maximize your tax benefits and understand the implications of writing off health insurance.
A section 162 trade or business is an IRS classification for businesses with certain characteristics. This article provides an in-depth look at the definition, common characteristics, benefits, and examples of…
Learn the basics of calculating Medicare tax, including how to determine the amount of tax owed and tips for minimizing your obligations. Get up-to-date information on different tax rates and…