Archive: taxes
Wholesale Inflation Rose 9.7% in 2021
By Adam Sharp on January 14, 2022
This week, news broke that the Producer Price Index – which measures the average change over time in the selling prices received by domestic producers for their output – rose 9.7% in 2021. This was a shocking realization for many. We’re near 10% wholesale inflation! This is important because it’s what’s driving a lot of bitcoin buyers. The impact that near-10% inflation has on an economy is massive. It erodes people’s savings…
Investors Overreact to Crypto Dips
By Adam Sharp on November 19, 2021
Bitcoin and DeFi (decentralized finance) tokens have been on an absolute tear over the last year. One year ago today, bitcoin’s price was around $18,600. Today it’s above $58,000. Ethereum was around $500 this time last year, and it’s over $4,000 today. Solana (SOL) is up…
How Will We Deal With All the Debt?
By Adam Sharp on October 25, 2019
Today, we explore the options that countries around the world have for paying off their unsustainable debt.
Crypto Monitor: IRS Reminds Us Of Broken Crypto Tax Policy
By Early Investing on August 2, 2019
Summary The markets have experienced a slight pullback this week. But Adam Sharp isn’t worried about it. He explains why the Crypto Assets Strategies buy and hold strategy hasn’t changed. And he shares what he looks for in alt-coins as bitcoin continues to…
The IRS Desperately Needs to Update Its Crypto Tax Guidance
By Andy Gordon on April 17, 2019
U.S. tax guidance on crypto is absurdly lacking. And rather than clarify its rules, the IRS is cracking down on confused investors.
News Fix: TurboTax Is Taking Over, California Faces Internal Conflict
By Vin Narayanan on April 13, 2019
In the news this week, California is facing pot delivery troubles, Uber is getting ready to IPO and Congress is allowing a monopoly on tax preparation.
Cannabis Report: New Jersey Moves Closer to Legalization
By Early Investing on March 14, 2019
In this week’s Cannabis Report, New Jersey reached a breakthrough its legalization process and Canopy Growth follows up on its quarterly report.
Trying to Keep Up With Crypto Taxes, Conflicting Marijuana Regulations
By Vin Narayanan on January 26, 2019
In this week’s News Fix, we’re covering crypto taxes, the need for startup lawyers and the insanity of keeping track of conflicting marijuana regulations.
Q&A: Understanding the Impact of Mega-Funds and Bitcoin Taxes
By Early Investing on October 7, 2018
The Early Investing team explains why mega-funds are bad for investors and why the IRS needs to change its bitcoin tax policy.