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Pulling back the curtain in the land of OZ, and other gain deferral strategies to consider.
| IRS revises Form 1040 schedule to ask about virtual currency | | By Michael Cohn 2 min read
| | The Internal Revenue Service has issued a second early draft version of the new Schedule 1 for next tax season’s Form 1040 to include a question up top about whether a taxpayer has sold, received, exchanged or acquired cryptocurrencies such as Bitcoin or Ethereum. | |
| Trump records must be given to the House, appeals court says | | By Andrew Harris 4 min read
| | The president, under siege from House Democrats weighing impeachment, suffered a stinging blow as a federal appeals court upheld a subpoena ordering his accountants to provide Congress with his financial records. | |
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