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Cryptocurrency Taxation After The Jarrett Case

Blog post by R. Joseph Ritter, Jr. CFP® EA A client recently made me aware of a federal court case involving cryptocurrency taxation. This post will review how the case may impact the future of cryptocurrency taxation. In Jarrett v. USA, the taxpayers correctly...

Breaking Free from Financial Stress

A number of years ago, I was sitting in my doctor’s office and saw this quote hanging on thewall:“And the day came when the risk to remain tight in a bud was more painful than the risk it tookto blossom.” – Anais NinThis quote has been applicable to a variety of...

From Passive to Non-Passive:
Real Estate Investments

Real estate by default is treated as a passive activity for income tax purposes. This means that passive income is included in Adjusted Gross Income, however, passive losses can only be offset by other passive income. In many cases, real estate investing can produce...