It depends. You're right to compare it to stocks, as the IRS treats cryptocurrency as propertyfor tax purposes, not as a currency like the USD. This means the r...
Yes, if your long-term gains in 2025 are greater than $65,000, you will be able to absorb the entire short-term loss carryover of $65,000. This will significant...
You're asking excellent questions about vehicle deductions for mixed personal and business use, especially relevant for gig workers like Uber drivers. Here's a ...
It's great that you're thinking about tax deductions for your side gigs! Even small amounts of income can lead to tax obligations and opportunities for deductio...
You stated that you filed jointly for 2024 without adjusting anything and did not owe any additional taxes. The possibility that you may have a balance due next...
