IRS

No One Knows How to File Taxes on Prediction Market Wins

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No One Knows How to File Taxes on Prediction Market Wins

How are you doing? file tax on market capitalization in advance? It seems like the kind of question any decent reporter should answer. However, it is now a conundrum for tax professionals across the country. “You have a leeway,” says Patrick Camuso, an accountant who specializes in digital assets. “It puts the taxpayer at a … Read more

Retired? This is when the IRS can take a closer look at your finances

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IRS logo on business cards

Richard Bernstein Advisors CEO and CIO Richard Bernstein provides insight on investment strategies in times of conflict and rising inflation at the Barrons Roundtable. American retirees may be done with their work, but they may still face an audit IRS audit if their tax return raises red flags. Data from the IRS shows the tax … Read more