Investment - Medzam Consulting

Cryptocurrency and Its Tax Implications

June 2, 2025 • Medzam Consulting Admin • Investment, IRS, Taxes

Cryptocurrency has become an increasingly popular investment, but with it comes the responsibility of understanding its tax implications. Whether you have bought, sold, or simply traded cryptocurrency, it is essential to understand how the IRS views these transactions and what your reporting requirements are. The IRS treats cryptocurrency as property, not currency. This means that any […]

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Plan for the Future: Understanding Retirement Accounts

Planning for retirement is one of the most important steps you can take toward financial security. Retirement accounts, such as 401(k)s, IRAs, and Roth IRAs, offer significant tax advantages that can help your savings grow over time. Starting to contribute early—no matter how small the amount—can have a profound impact on your retirement savings due