Changes to the U.S. tax code ushered in with the “One Big Beautiful Bill Act” are just one of a number of reasons to consider the topic of managing your taxes.
Hi Catherine, question for you as someone who is just learning about these matters thanks to you. You mention the dollar index has held above 100 for quite some time. When I looked at the 10 year history, it appears the dollar breached the 100 line around April of 2022 but for the majority of the time before that, going back to 2016, the dollar index was below the 100 line and decreased into the upper 80’s in 2018. Does this mean than the dollar is currently stronger now, with the dollar index in upper 90’s, than it was from 2016 to 2020 when the dollar index was mostly below the 100 line? Also, I noticed the dollar index had a significant upwards trend starting around April 2020 when the covid policies started in earnest. Why was this? Isn’t this around the time that we started the going direct reset policies? Why would injecting so many dollars into the economy make the dollar stronger? I would have guessed this action would have debased the dollar compared to other currencies. Thanks Catherine!
Hi, Catherine. Can you please ask Tim Caban what is the current tax % rate if one were to sell Bitcoin…and does the % rate change if the value is $100,000 vs $1,000,000 USD. Thanks.
Hi Catherine, question for you as someone who is just learning about these matters thanks to you. You mention the dollar index has held above 100 for quite some time. When I looked at the 10 year history, it appears the dollar breached the 100 line around April of 2022 but for the majority of the time before that, going back to 2016, the dollar index was below the 100 line and decreased into the upper 80’s in 2018. Does this mean than the dollar is currently stronger now, with the dollar index in upper 90’s, than it was from 2016 to 2020 when the dollar index was mostly below the 100 line? Also, I noticed the dollar index had a significant upwards trend starting around April 2020 when the covid policies started in earnest. Why was this? Isn’t this around the time that we started the going direct reset policies? Why would injecting so many dollars into the economy make the dollar stronger? I would have guessed this action would have debased the dollar compared to other currencies. Thanks Catherine!
Hi, Catherine. Can you please ask Tim Caban what is the current tax % rate if one were to sell Bitcoin…and does the % rate change if the value is $100,000 vs $1,000,000 USD. Thanks.