Those who are fortunate enough to be successful investors generally know that when it comes time to cash in on their profits, the IRS is ready and waiting for its share. Capital gains taxes are ...
As a CPA firm preparing income tax returns for active online traders, we are spotting significant discrepancies between 2011 Form 1099-Bs provided by securities brokers – which include cost-basis ...
WALTHAM, Mass.--(BUSINESS WIRE)--To help individual investors and active traders address new challenges this tax season related to the cost basis reporting law, Wolters Kluwer Financial Services has ...
With the explosive volatility of Bitcoin and other cryptocurrency prices over the past few years, you may be sitting on some sizable capital gains or losses. You’ll need to report those to the IRS ...
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How to deduct stock losses from your taxes
The IRS allows you to deduct capital losses on a stock or other investments from your taxable income. You will have to file ...
For many taxpayers, filing season 2011 began on February 14 last year, when IRS was first capable of receiving most electronically filed returns for tax year 2010. On February 13, 2012 one of my ...
Dealing with capital gains and losses has been a nightmare in recent years. Those who are fortunate enough to be successful investors generally know that when it comes time to cash in on their profits ...
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