Initially, cryptocurrencies were fairly obscure. Only true enthusiasts would dedicate the time and resources to mining options like Bitcoin, so their activities were not having a major impact on the world around them. However, as cryptocurrencies became increasingly popular and mainstream, more people decided to try their hand at mining, hoping to scrounge up coins with minimal financial investment. As a result, they cumulatively had a larger effect on the environment.
Financial transactions are the center of the world of accounting. Whether it is helping a person or business balance their books, monitoring incoming and outgoing payments, or assisting with tax filings, financial transactions are at the core of the field. Since cryptocurrencies don’t follow standard transaction processing protocols, does that mean these digital coins are a threat to accounting professionals?
When it comes to growth potential, the marijuana industry is poised to take the world by storm. While 2018 was a bit of a disappointment for many cannabis investors, it did lay the groundwork for a strong 2019. A number of massive new markets that came into existence in 2018. Those markets are now starting to mature and grow. Plus, new markets could be on the horizon. These new markets are creating additional excitement and opportunity. If you are ready to dive into the cannabis industry, here are five investments to make today.
For many, the world of cryptocurrency is enticing. After all, most people remember when Bitcoin made headlines when its value soared, and getting your hands on the next big success could be life-changing. However, it is important to be smart before you commit your hard-earned money. If you are thinking about taking the leap, here’s what you need to know.
As W-2s and 1099s begin arriving in mailboxes around the country, it’s a clear sign that tax filing season is upon us. As a result, savvy taxpayers work diligently to keep their burden as low as possible, limiting their bill or allowing them to secure a larger refund. Tax breaks can be an excellent way to limit your liability, but only if you know they are available (so you can claim them). Here are seven surprising tax breaks that actually exist and are worth exploring.