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The Art of Tax Planning: Capital vs. Ordinary Gains and Losses

When it comes to selling assets, understanding the difference between capital and ordinary gains and losses isn’t just tax savvy—it’s financial wisdom. In this article, READ MORE

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Virtual Currencies & US tax and financial account reporting

By: Christopher Galakoutis, Reynolds + Rowella In 2014, the Internal Revenue Service (IRS) issued initial guidance on cryptocurrencies with Notice 2014-21.  Particularly how taxpayers who READ MORE

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