News
WSJ | IRS Says Bitcoin Is Property, Not Currency
The Internal Revenue Service made its first pronouncement on the issue Tuesday, saying it will treat bitcoin and other virtual currencies like property such as stocks, and not currency, giving a potential boost to investors but imposing extensive record-keeping rules. The rule generally would impose capital-gains taxes, rather than higher regular tax rates, on investors' profits.
Econ Comments & Analysis
CRS | The American Opportunity Tax Credit: Overview, Analysis, and Policy Options
The credit, worth up to $2,500 per student, can be claimed for a student's qualifying expenses incurred during the first four years of post-secondary education.
