Biden Budget Proposes Crypto Mining Tax
A budget proposal by U.S. President Joe Biden aims to “reduce mining activity” with a 30% tax on electricity costs linked to the cryptocurrency mining process
A budget proposal by U.S. President Joe Biden aims to “reduce mining activity” with a 30% tax on electricity costs linked to the cryptocurrency mining process
MoneyLion Inc., a provider of personalized financial content, financial products, and advice, has started offering its users free tax filing services.
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Taxes can be intimidating and overwhelming for most of us. Withholding tax is just one type of tax that may affect your finances, but it doesn’t have to be a daunting task. Knowing the basics of how withholding tax works is important in understanding how it affects your overall financial situation. So let’s begin with an […]
Zachary Weiner Author Accounting and cryptocurrency often don’t seem to go hand in hand. The rules surrounding the accounting for cryptocurrencies are unclear, to say the least. Regulators have been urging a change of the GAAP to adapt to the crypto revolution, but little has been done. However, when it comes to crypto blockchain […]
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