The deadline to file taxes is just over one month away, and some might be including cryptocurrency earnings for the very first time. Lisa Greene-Lewis, a tax expert at TurboTax, explains what investors need to be aware of this season.
"The way you use it is the way it's taxed," says Greene-Lewis who has noticed an increased demand for clarification on this type of reporting. "There's more questions coming up as more people are trading."
Greene-Lewis says that, if one is mining cryptocurrency, it becomes taxable when the asset is recognized.
Thousands of professors, part-time lecturers and graduate student workers at New Jersey’s flagship university have gone on strike — the first such job action in the school’s 257-year history.
Stocks were mixed Monday in their first trading after a report heightened speculation the Federal Reserve may tap the brakes a little harder on financial markets and the economy.
