Tax on Cryptocurrency

Tax on Cryptocurrency

With the explosion in the usage of various cryptocurrencies lately, it’s becoming more and more important to understand exactly how they work and how they are being used. While it’s common to assume that a cryptocurrency can be treated just like any other type of currency, the truth is a bit more complicated, and it…

How Legalizing Marijuana Has Affected States’ Revenues

How Legalizing Marijuana Has Affected States’ Revenues

On November 6, 2012, voters in Colorado and Washington passed amendments that made them the first states in the country to legalize marijuana for recreational use. This statute went into effect in January of 2014 in Colorado, and since then, several other states have followed their lead. One major benefit of the legalization of marijuana…