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Apollo looks beyond New York as it plans second headquarters Financial TimesMajor Wall Street powerhouse weighs southern move as Mamdani-led tax threats swirl New York PostApollo Pushes to Open a Second Headquarters in Florida or Texas Bloomberg.comApollo weighs 2nd U.S. headquarters in Florida or Texas amid finance migration (APO:NYSE) Seeking Alpha
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Topic: Random IdeasSpeaker Associates is a speaking agency which has me in their catalog, and they asked me to record short videos answering a series of big questions. Here they are:
What are the most promising applications of augmented reality and virtual reality technology in fields like education, training, and entertainment?
What are the most effective ways to protect intellectual property in a rapidly evolving innovation landscape?
What are the key differences between innovation in startups versus established companies?
What are the key considerations for companies looking to develop and implement a successful digital transformation strategy?
What are the implications of generative AI for data privacy and security?
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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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