Bitcoin used to pay for goods and services taxed as income You must convert the Bitcoin value to U.S. dollars as of the date each payment is made and keep...

The Head of Household filing status has some important tax advantages over the Single filing status. If you qualify as Head of Household, you will have a ...

The federal “short-term rate” is determined from a one-month average of the market yields from marketable obligations of the United States with maturities...

Pursue methods to pay down the principal As we’ve mentioned, if you have a simple-interest loan, you can pay it off more quickly by making additional paym...

Investing in modern bullion coins, such as Canadian Maple Leaf silver coins and American Gold Eagles, is a great way to get started. These coins all conta...

Current rule: same as second stimulus. If one spouse doesn’t have an SSN, both spouses can receive the stimulus (including the spouse without an SSN). Qua...

But divorced parents may want to opt out. Only one parent can claim the credit for each child each year; it cannot be split up. Typically, the parent who ...

Unfortunately, 401k plans that allow precious metals investments can only purchase “paper gold” in the form of ETFs or mutual funds. To invest retirement ...

If you have more than one home, yes. Each property you own needs its own insurance policy, because each home is different. Either they’re constructed out ...

You typically only have to pay taxes on the sale of investments when you receive a gain. To figure this out, you have to subtract the cost basis of your i...