August 2022 – Gorating

Is Cryptocurrency Considered A Taxable Item?

Since at least 2014, it has been clear that bitcoin income would be taxed. In IRS Notice 2014-21.1, the IRS talked about the basics of how to tax bitcoin. In this notification, virtual currencies were put in the category of property instead of foreign money. When used in a transaction, its value is based on … Read more

Top 10 Best Software For E-Filing Income Taxes

Free tax software gives people a better way to get information from others. You might make mistakes when you type in important job information by hand. Such slips could happen less often if you used salary assessment software that you could download for free. Most programming projects use different information-gathering systems to get the information … Read more

How Does Crypto currency Mining Work?

Mining is the process of checking and approving transactions on the blockchain. It’s also the way that new units of a cryptocurrency are made. Miners use a lot of computer power to do their work, but this is what keeps a blockchain network safe. Miners who are honest and do a good job are rewarded … Read more

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