In general, two terms may be regarded as synonymous, the first being Cryptocurrency and the second being Hard Fork. Generally speaking, the former refers to any digital asset that can be used as money. The…
To understand what cryptocurrency is, you first have to understand what it is not. While the two terms are similar, they are very different beasts. In a general sense, a currency is any item that…
Tax time can be a very confusing time for many taxpayers. There are many different rules and regulations that can complicate the process of filing your taxes. The problem is compounded for those who do…
Since the current regulatory framework of digital currencies remains ambiguous, there's very little recourse for investors if they're stolen or subjected to fraud. The onus on the user then is to secure their stored bitcoins…
A tax is a required legal financial burden or any kind of levy imposed upon a taxpayer by a governmental entity to fund public expenditure and government spending. The amount of tax, which varies from…
Cryptocurrency exchanges serve as platforms that facilitate the trade of cryptosurf currencies, such as fiat currency and digital currencies. In simple terms, these platforms act like an online market for trading in cryptosurf currencies, between…
Accounting refers to the systematic process of categorizing, recording, classifying, calculating, and summarizing financial data. An accountant is responsible for preparing reports, which include cash flows and income statements. These reports are called accounts-in-residence or…
If you are one of the many taxpayers out there who have been hit by the recent economic downturn, you may be curious about the possibility of applying for tax rebates and other tax relief…
A tax-deductible contribution to an eligible non-profit charity can entitle you to a tax deduction against your income tax, if you itemize deductions on your tax returns. To take a tax deduction, you must itemize…
What is it about Cryptocurrency that keeps investors, business professionals, and ordinary individuals attracted to it? Is it the chance to own a virtual goldmine, or is there something else? Or is there an inherent…
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