Bitcoin is hitting new highs, but crypto investors should keep an eye on something else: taxes. Starting in 2026, brokers will report crypto sales on Form 1099-DA, listing gross proceeds from 2025. By 2027, they'll include your original purchase price, known as the "basis. " This price is crucial be
Madagascar, a unique island nation, has been explored deeply to understand its water bug population. Before these studies, scientists knew about 17 species in four groups. During recent expeditions, almost all these water bugs were found again, except for three: Macrocoris flavicollis, Temnocoris st
Nobel laureate Paul Krugman was not a fan of cryptocurrencies back in 2019. He saw their future as dim. But even he couldn't deny that cryptocurrencies are big players today. They've changed how we think about money and finance. Governments are watching closely, trying to keep up with these digital
Large Language Models, or LLMs, have been making waves lately. They're not just standalone tools; they can also be crucial parts of software systems. These LLM-integrated applications use LLMs to do tasks that would be tough or time-consuming without them. As this field grows, we need clear terms an
Imagine you're in California, and you're part of the 14 million people who rely on Medi-Cal for healthcare. Now, let's talk about Proposition 35. This isn't just another proposition; it's a big deal because it's about making a tax on managed healthcare plans permanent. Why? Well, this tax has been a
Imagine this: authorities in France and the Netherlands stormed Netflix's offices in Paris and Amsterdam. Why? They were on a mission to investigate possible tax fraud. This isn't just any probe; it's been going on since 2022, with the two countries working together. Netflix, the streaming giant, ha
In the town of Marblehead, Massachusetts, there's a big disagreement happening between the School Committee and the Marblehead Education Association (MEA). They're trying to figure out new contracts for teachers and staff, but they're stuck on a $5 million difference. The MEA thinks the schools need
Imagine you're a professional hockey player. You're at the top of your game, and you're looking at a contract with the Boston Bruins. But wait, there's a catch. In Massachusetts, players have to pay a hefty income tax. This might make you think twice, right? A business group called Mass Opportunity
Ever wondered how much you can sock away for retirement in a 401(k) next year? The Internal Revenue Service (IRS) has some good news! They've just announced new contribution limits for 2025. Starting next year, you can save up to $23, 500 from your paycheck before taxes, that's $500 more than this y
Travelers from Australia to the UK will soon face a higher ‘flight tax’ when leaving, especially if they're in business or first class. The UK's Air Passenger Duty (APD), a tax that started small in 1994, has been going up. The latest boost, announced by the new Labour government, hits premium seats
