by jritter | Nov 22, 2023 | Cryptocurrency
Blog post by R. Joseph Ritter, Jr. CFP® EA A client recently made me aware of a federal court case involving cryptocurrency taxation. This post will review how the case may impact the future of cryptocurrency taxation. In Jarrett v. USA, the taxpayers correctly...
by jritter | Jun 15, 2023 | Personal Finance
In our August 2022 column, we introduced a few specific methods of sticking to a budget. We will review some of those methods in more detail in this and the next few columns. Financial messes usually occur when cash flow is tight. Although this can be from a job loss,...
by jritter | Mar 17, 2023 | Personal Finance
Whatever we may think about the last two years, there has certainly been an increase in the number of entrepreneurs. This is rather exciting! Starting and running your own business comes with a great deal of freedom and independence. It can also come with a...
by jritter | Feb 18, 2023 | Personal Finance
A number of years ago, I was sitting in my doctor’s office and saw this quote hanging on the wall: “And the day came when the risk to remain tight in a bud was more painful than the risk it took to blossom.” – Anais Nin This quote has been applicable to a...
by jritter | Dec 22, 2022 | Real Estate, Tax Center
Real estate by default is treated as a passive activity for income tax purposes. This means that passive income is included in Adjusted Gross Income, however, passive losses can only be offset by other passive income. In many cases, real estate investing can produce...