Generative Data Intelligence

Tag: federal tax

Beyond Band-Aids: Why NY Needs Financial Literacy, Not Just BNPL Regulation

Upstate New York, 1794. Farmers, weary of a federal tax on their beloved whiskey, rise up in rebellion. The fledgling American government, under the stern but...

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Treasury Secretary Yellen Warns US Could Default on Its Debt by June 1

U.S. Treasury Secretary Janet Yellen has warned that the Treasury will not be able to pay all of the government’s debt “as early...

Hong Kong court rules cryptocurrencies as property

A court based in Hong Kong has acknowledged cryptocurrencies as property that can be held in trust in a ruling involving the defunct crypto...

Steer clear of tax scams – Week in security with Tony Anscombe

In a rush to file your taxes? Watch out for cybercriminals preying on stressed taxpayers as Tax Day looms large on the horizon....

US Open: Stocks rebound, Jobless Claims decline again, Block tumbles, BOE/SNB/Norges all hike, Turkey holds, Tesla rallies, Oil higher, Gold recaptures $2000, Bitcoin faces...

US stocks are rising as Wall Street digests what might be the Fed’s last rate hike and Secretary Yellen’s comment on blanket deposit...

Kraken Settles With SEC, Shuts Down Crypto Staking Service

Kraken, the crypto exchange founded by Jesse Powell, has agreed to terminate its staking-as-a-service platform for its US-based customers and pay a $30 million...

Is The Crypto Industry Ready For Tax Regulation? Survey Shows

For federal tax purposes, crypto assets are treated as property, which could be counterproductive for investors in the United States. Although digital assets are...

IRS reminds taxpayers of crypto income reporting ahead of 2022 filing

With the deadline approaching for filing the 2022 federal income tax return, the Internal Revenue Service (IRS) — an enforcement agency of United States...

Fifth Third enhances its Momentum Banking platform

Fifth Third Bank announced the addition of Early Pay for federal tax refunds through its Fifth Third Momentum Checking digital banking platform as part...

Court Orders Audit of ConsenSys AG

There’s an internal battle going on within ConsenSys, ethereum’s biggest development studio, concerning the transfer of the Zug based ConsenSys AG assets to the...

New Year Brings Some Relief To Crypto Investors

Lido And Solana Outperform As Markets Rally The first week of 2023 is shaping up to be a good one for crypto markets.Leading smart contract...

Alameda Research transfers spark suspicions as SBF denies involvement

In this issueAlameda Research: Follow the moneyTax loss harvesting: Crypto loopholeBlockchain in China: Full steam aheadFrom the Editor’s DeskDear Reader,What will 2023 bring to...

‘Tis the season for crypto tax-loss harvesting: IRS, regulators remain silent on crypto tax loophole ahead of new year

U.S. investors can deduct from their capital gains tax this year by selling cryptocurrencies at a loss, then immediately buy back those same assets....

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