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Megan Duong's Plot has closed a follow-on seed round, just over a year after its initial $4 million raise.
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Retail robo-advisors excel at tax-loss harvesting and portfolio discipline, but market-beating returns aren't part of the package.
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California Governor Primary Election 2026 Live Results NBC NewsNew Mexico U.S. Senate Primary 2026: Live Election Results, Lujan vs. Dodson The New York TimesThe mystery behind Becerra leapfrogging over his rivals in California's governor's race Los Angeles TimesDemocrats are at a huge crossroads in California governor's race | Normon Solomon The Guardian
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Tuesday is a big primary day. Here are key races to watch NPRLive updates: Midterm primary elections underway in California, Iowa and other states as polls close in New Jersey NBC NewsMidterm primaries 2026 live: results and reaction as six states including California and Iowa cast ballots The GuardianTuesday's wild races for California governor and Los Angeles mayor, and other elections to watch CNN
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Rubio details U.S. demands as Iran peace talks falter The Washington PostRubio battles Democrats on Iran, Taiwan, Ebola, boat strikes: 5 takeaways The HillKey Trump administration Cabinet members face hearings on Capitol Hill CNN
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U.S. and global oil prices were surging Monday after Iran reportedly suspended talks with the U.S. and closed the Strait of Hormuz in response to Israeli military operations in Lebanon.
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The 2022 crypto price crash understandably has some investors concerned. But for those of you who haven't run for the hills, it's worth knowing that cryptocurrency currently has the attention of not only the Biden administration, and Congress, but the IRS as well. In terms of crypto news and taxes, the IRS recently proposed changes to cryptocurrency tax reporting question on the Form 1040. The agency will also receive $80 billion from the Inflation Reduction Act, some of which will be directed to digital asset enforcement—including cryptocurrency tax compliance.
Additionally, you may have heard that the IRS continues to successfully obtain court orders to require cryptocurrency brokers and exchanges to provide information to the IRS. That information concerns investors who failed to report and pay taxes on cryptocurrency transactions.
And while this IRS enforcement focus isn't new, recent crypto announcements and developments from Congress, the Biden administration, and the IRS, mean that it's important to stay up-to-date on crypto tax reporting and compliance. So, here's some information to get you started.
How Crypto is Taxed
A common question about cryptocurrency concerns how crypto is taxed. The answer is that cryptocurrency is considered property, so it's taxed by the IRS in the same way that other capital assets are taxed. As a result, when you sell or trade crypto, you can have asset losses and potential taxable gains depending on the fair market value of the virtual currency, and your basis in the crypto.
SEE MORE 9 Ways to Cut Crypto Taxes Down to the Bone
Given that, it
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