We have a client who owns a limousine business. Recently, someone offered to buy one of her older cars -- obviously used for business -- for about $10,000 more than its Blue Book value. She was ...
Anyone who has dealt with trading in traditional finance is likely to be aware of profit and loss (PnL). But is PnL in the cryptocurrency world the same? The ability to comprehend terms like ...
How do you zero out the sale of household items below their original cost on a tax return? If I sell a car for $22,000, for which I paid $30,000, the $22,000 isn't taxable. But eBay reports the ...