Federal Taxes

It’s doubtful Benjamin Franklin knew he was forever linking the IRS to the U.S. Constitution when he said, in a letter to Jean-Baptiste Le Roy in 1789, “Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be...

A key tax loophole can help holders of cryptocurrencies such as Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) to save on their federal tax bills in the U.S., according to a report by CNBC. What Happened: Onramp Invest CEO Tyrone Ross said that while wash sale rules apply...