Maintaining your cryptocurrency tax liability is vital in adhering to IRS regulations, from accurately accounting for capital gains and losses, offsetting them against each other using methods like tax-loss harvesting. The IRS considers cryptocurrency to be property, so any sale…
Read MoreAuthor: Tymoteusz Barnes
Quantifying Cryptocurrency Risk With a Risk Management Framework
Risk management frameworks are an integral component of ensuring your business runs at peak performance. You should create one tailored specifically to your needs that can also cross-reference leading reference frameworks. Current information gaps prevent many countries from being able…
Read MoreThe Interaction of Tech and Finance
AI (artificial intelligence) is changing financial services by automating processes and organizing operations. Machine learning-powered AI also increases risk management, fraud detection, and trading strategies. Robo-advisors, investment apps, payment systems and lending platforms have revolutionized access to finance by giving…
Read MoreThe Future of Cryptocurrency: Trends and Predictions for 2024
Crypto sphere remains very promising despite recent volatility; 2024 will likely witness several pivotal developments that can shape its landscape for many years to come. One of the key trends will be tighter regulation for the crypto industry, which may…
Read MoreInvestment Trends for 2024 – Opportunities and Risks to Watch
Fears over an economic recession could cause investors to pull back, yet opportunities still exist, particularly with assets that could benefit from dropping interest rates. Growth stocks and emerging markets are in good shape, while traditional value sectors such as…
Read MoreTaxation of Cryptocurrency – Key Considerations for Investors
Cryptocurrency might seem like an unpredictable investment, but it still falls under tax law. Understanding your cryptocurrency tax obligations will help to avoid unexpected surprises and stay compliant. Each time you exchange cryptocurrency for goods or services or real currency,…
Read MoreThe Impact of Inflation on Investment Strategies
Inflation has an enormous influence on how investment resources are allocated and determines savers’ decisions about where and how to place their savings, whether it’s physical assets or financial. Investors looking to protect themselves against inflation should diversify their portfolio…
Read MoreRetirement Planning in the Digital Age
The digital revolution has opened up new options and possibilities for retirement planning, while simultaneously creating challenges that must be met head on. Digital assets are an integral component of estate planning, including cryptocurrencies, online investment accounts and social media…
Read MoreHow to Evaluate the Performance of a Stock Against the Market
How does one evaluate the performance of a stock against the market? In a nutshell, beta measures the relationship between the returns of a stock and the market’s value. Stocks with a beta of two follow the market by a…
Read MoreThe Different Finance Department Sections
A company’s finance department will work with managers to develop and monitor budgets and forecasts. This information will help the company plan staffing levels, asset purchases, expansions, and cash needs. Some organizations choose to plan “by the seat of their…
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