How are Virtual Currencies/ Bitcoins taxed?

How are Virtual Currencies/ Bitcoins taxed?

Virtual Currencies/Bitcoins are treated as property by the Internal Revenue Service for US Federal taxation purposes. When you buy or sell virtual currencies there are tax implications. All the basic tax principles that may apply to property transactions apply to transactions relating to virtual currencies like bitcoins. The following are the basic rules relating to virtualRead more about How are Virtual Currencies/ Bitcoins taxed?[…]

Why do most companies incorporate in Delaware or Nevada?

Why do most companies incorporate in Delaware or Nevada?

Why do most companies incorporate in Delaware or Nevada? Are you starting a business in 2018? Most likely as part of your research Delaware or Nevada would have appeared as a popular choice for company incorporation. More than half of Fortune 500 incorporate in Delaware. The real reason why most businesses incorporate in Delaware isRead more about Why do most companies incorporate in Delaware or Nevada?[…]