How to Avoid Predatory Lending
If you are in need of a personal loan, the first thing you need to do is to do research on your options. There are a lot of companies that can offer you a loan…
Author: Eric Stafford
Hard Forks and Their Impact on the Cryptocurrency Industry
In general, two terms may be regarded as synonymous, the first being Cryptocurrency and the second being Hard Fork. Generally speaking, the former refers to any digital asset that can be used as money. The…
The Cryptocurrency Market Is Best Dressed in Proxies
To understand what cryptocurrency is, you first have to understand what it is not. While the two terms are similar, they are very different beasts. In a general sense, a currency is any item that…
What Is Taxable Income?
Tax time can be a very confusing time for many taxpayers. There are many different rules and regulations that can complicate the process of filing your taxes. The problem is compounded for those who do…
Benefits of Using Offline Cryptocurrency Wallets Over Online Wallets
Since the current regulatory framework of digital currencies remains ambiguous, there's very little recourse for investors if they're stolen or subjected to fraud. The onus on the user then is to secure their stored bitcoins…
Tax Systems in the United States
A tax is a required legal financial burden or any kind of levy imposed upon a taxpayer by a governmental entity to fund public expenditure and government spending. The amount of tax, which varies from…
Wash Trading Encourages Investing in Cryptocurrences
Cryptocurrency exchanges serve as platforms that facilitate the trade of cryptosurf currencies, such as fiat currency and digital currencies. In simple terms, these platforms act like an online market for trading in cryptosurf currencies, between…
Accounting Basics
Accounting refers to the systematic process of categorizing, recording, classifying, calculating, and summarizing financial data. An accountant is responsible for preparing reports, which include cash flows and income statements. These reports are called accounts-in-residence or…
Examples of Business Expenses Which Can Be Deducted From Your Tax Return
If you are one of the many taxpayers out there who have been hit by the recent economic downturn, you may be curious about the possibility of applying for tax rebates and other tax relief…
Tax Deduction – Charitable Donations
A tax-deductible contribution to an eligible non-profit charity can entitle you to a tax deduction against your income tax, if you itemize deductions on your tax returns. To take a tax deduction, you must itemize…