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Christie Condon, Author at The SPSCPA Blog

 

Author Archives: Christie Condon

Old School Rules Control Taxes on New Age Cryptocurrencies 

Investing in cryptocurrency moved mainstream in 2017, and now more people are staring down tax bills from their big gains. The only official IRS guidance about the tax consequences of your adventures in the Jurassic jungle of cryptocurrency trading is from 2014. And that four-year-old publication offers mere guidance, rather than strictly controlling rules. So the best basic advice when Read More »

Section 1031 Exchange, New Rules You Want to Know

Changes in the Tax Cuts and Jobs Act have made this strategy even more attractive to real estate investors. Under the new Tax Cuts and Jobs Act, the benefits of combining cost segregation and Section 1031 exchanges have become an even more important tax strategy for real estate investors than ever. With the recently passed TCJA, the rules for Section Read More »