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The uptick in grain futures ahead of USDA reports means futures trading taxes will affect farm-hedge profitability. Timely closing near contract expiration can optimize both cash flow and tax treatment. Teams like the Houston Rockets and Sacramento Kings, who are in the market for a starting point guard, may entice the Celtics with what they have to offer. Federal government rescinds digital services tax to advance trade talks with U.S. (The Globe and Mail) With Bitcoin futures volume hitting surging highs, futures trading taxes require close attention to virtual asset classification. IRS guidance impacts how crypto-linked futures are taxed, especially under daily MTM rules.
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