Tag Archives: Ordinary income

U.S. Tax Rates? Not Competitive, But California’s Are Worse

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Is the U.S. tax system competitive? Many global companies say it isn’t. Companies like Apple say they have to jump through hoops to stay competitive. In September 2012, the Senate Permanent...

Taxing Bitcoin: IRS Review Will Have Big Implications For Investors In Virtual Currency

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By now most everyone has heard of Bitcoin. But exactly what is it? And how should it be taxed? Bitcoin is usually described as virtual currency. That’s useful shorthand, but is it really money? And...