Fidelity Investment, one of the largest financial management companies in the United States with over $8.3 trillion of assets under administration, will allow their investors to fund their 401(k) with Bitcoin.
Between 50 states and several territories, the US is an ever-changing economic environment and the tax regime constantly evolves evolve. Every state has unique tax laws, and they all want to receive as much as big a piece of the pie as they can, so to speak which poses new and difficult challenges for tax planning for corporations, partnerships, and individuals alike. Navigating interstate tax is complex, with many facets conflicting and every state challenging other states and fighting for more. This is doubled in the digital age where literally anyone in any location can buy your product, and the question arises constantly regarding where one’s taxable nexus is located when that product was sold. The answer is complicated, but The Burton Law Firm can help you get there and assure you are not paying more taxes then legally required.