The U.S. Department of the Treasury has finalized rules through which businesses will be able to take advantage of a new 20 percent tax deduction. The deduction for pass-through businesses was part of the tax-cut legislation that President Donald Trump signed at the end of...
Bitcoin investors took a massive hit in 2018 – and, according to personal finance company Credit Karma, most of them don’t realize they can write off the losses on their tax returns. According to a report in MarketWatch, citing Jagjit Chawla, general manager of tax at...
The Consumer Financial Protection Bureau (CFPB) announced Tuesday (Nov. 21) it has taken enforcement action against Citibank for what the government watchdog said were failures in student loan servicing that hurt borrowers. According to a press release published by Consumer Finance, the CFPB contends Citibank...
January 15, 2019
Bitcoin investors took a massive hit in 2018 – and, according to personal finance company Credit Karma, most of them don’t realize they can write off the losses on their tax returns. According to a report in MarketWatch, citing Jagjit Chawla, general manager of tax at Credit Karma, U.S. investors lost $1.7 billion in bitcoin investments […]