U.S. Covid-19 Hospitalizations Continue Tracking Downward

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Hospitalizations for Covid-19 in the U.S.continued to fall, with the seven-day average of patients with confirmed or suspected cases easing to 134,000 on Wednesday, down 16% from a Jan.20 high, according to data from the Department of Health and Human Services.Deaths, a lagging indicator, are ticking upward, reaching a seven-day average of 2,530, according to…

Here’s why your tax return may be flagged by the IRS

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Tax season has kicked off, and the IRS has already warned filing mistakes may cause delays amid staffing shortages and a massive backlog.While electronic filing offers the best chance for faster refunds , other moves may invite IRS scrutiny, according to tax experts.The IRS closed 452,515 individual audits during its fiscal 2020, about 0.29% of…

Gold Cube in Central Park Is a Bizarre Crypto Ad

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Photo credit: Sandra Mika A giant cube an artist claims is made of $11.7 million worth of gold was carted throughout New York City Wednesday, first being plopped down in Central Park before later making a stop at a private dinner for Wall Street bigwigs.And, as if that display by German artist Niclas Castello wasn't…

Cryptocurrencies to watch in 2022

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The past year has proven quite turbulent for cryptocurrencies, with a number of sharp rises and steep crashes, especially for meme coins such as Shiba Inu and Dogecoin .With volatility persisting in 2022, in the form of potential interest rate hikes by the US Federal Reserve ( Fed ) and other major central banks ,…

The IRS will ask every taxpayer about crypto transactions this tax season — here’s how to report them – MarketWatch

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Cryptocurrencies, also known as virtual currencies, have gone mainstream.That’s for sure.For example, you can use bitcoin BTCUSD, +1.82% to buy a Tesla TSLA, +3.61% and to buy or pay for lots of other things.However, using cryptocurrencies has federal income tax implications.Here’s what you need to know at 2021 tax return time if you made crypto…

The IRS will ask every taxpayer about crypto transactions this tax season — here’s how to report them

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Cryptocurrencies, also known as virtual currencies, have gone mainstream.That’s for sure.For example, you can use bitcoin BTCUSD, -6.40% to buy a Tesla TSLA, -2.47% and to buy or pay for lots of other things.However, using cryptocurrencies has federal income tax implications.Here’s what you need to know at 2021 tax return time if you made crypto…

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