Investors riding the NFT craze face billions in taxes | crypto news

The NFT market has grown to $44 billion, Chainalysis data shows, and the rules for taxing the tokens are not clear. It’s one of crypto’s hottest corners – and now the US government wants its share of the profits. Investors and creators of non-fungible tokens — a market that has grown to $44 billion, according … Read more

Analysis: Crypto companies are betting that the new mayor will make New York a hub of digital assets

Jan 12 (Reuters) – With American cities like Miami and Austin trying to woo digital asset companies, John Wu wasn’t sure whether to make New York City the permanent home of his cryptocurrency and blockchain start-up Ava Labs – until until Eric Adams was elected mayor in November. Wu said the election of Adams, a … Read more

ID government promotes tax cuts, investment in education in the state state

Idaho Governor Brad Little despised Democratic President Joe Biden and the federal government and touted Idaho’s frugality, as he proposed investing billions in tax cuts, public safety and education, during the latest state speech. of the state in his first term as governor. Little, who is expected to join an already crowded government campaign in … Read more

How should small business owners set up their finances when starting their business?

Small business owners have many considerations to make when starting their businesses, ranging from incorporation to how they collect sales tax.David Zalubowski / The Associated Press Pandemic-weary Canadians thinking of launching a new business in the new year, whether it’s a secondary hustle or a complete career change, should know there is a lot to … Read more