Is Your E-Commerce Business Ready for the Sales Tax Changes?
E-commerce businesses faces sales tax changes due to Marketplace Fairness Act. January 23, 2018 By: Diane Kennedy, CPA USTaxAid.com In 2018, the State of Washington’s new marketplace rules take effect. Marketplace facilitators (like Amazon) will be required to collect sales tax on behalf of marketplace sellers that have not otherwise established a physical presence of […]
Possible Tax Hikes Due to Lack of Fiscal Priorities
The deceptive excuse for tax hikes is blamed on lack of funds, when in fact, it’s lack of fiscal priorities. January 22, 2018 By: Bobby Casey, GWP Managing Director Tax hikes appeal to people who think that if more funding were available, the problems would be solved. The truth is, money doesn’t solve things. Solutions […]
Do You Need a Strategy for Casualty and Theft Losses in 2017?
The scope of eligible casualty and theft loss tax deductions will narrow dramatically starting in 2018. January 19, 2018 By: Dianne Kennedy, CPA USTaxAid.com In 2018, we lose the ability to write off most casualty and theft losses. The only casualty losses that will remain a write-off are ones that occur in a federally designated disaster zone. […]
Big Changes for Bonus Depreciation
Bonus depreciation is changing in a big way, so it might be time to figure out how you take advantage of the new laws. January 17, 2018 By: Diane Kennedy, CPA USTaxAid.com The 2018 Tax Cuts and Job Act has three important differences regarding bonus depreciation: 1. The bonus depreciation will temporarily be 100%! 2. In order […]
Brace Yourselves: Pentagon to Undergo FIRST EVER Audit in 2018
Pentagon is one of the last federal agencies to undergo an audit, and 2018 is the first year it will do so. January 15, 2018 By: Bobby Casey, Managing Director GWP Reading some of the headlines, you’d think the upcoming audit of the Pentagon was some remarkable political feat. It’s not. It was certainly a […]
C Corporation Changes in the New Tax Plan
Major changes are afoot in the new tax plan for C Corporations, but it’s important to think ahead before making any hasty decisions. January 12, 2018 By: Diane Kennedy, CPA USTaxAid.com By now, you’ve probably heard that the 2018 Tax Cuts and Jobs Act is rolling back the maximum C corporation rate to 21%. That, […]
Strategies for Your Mortgage Interest Deduction in 2018
The new tax plan has good news for vacation homes, but bad news for HELOCs when it comes to deductions on your mortgage(s) in 2018. January 10, 2018 By: Diane Kennedy, CPA USTaxAid.com A last minute change in the new tax plan caught me off guard. Let me clear that up first. It’s not “primary […]
87% of U.S. Citizens Agree – Lawsuits Really Are For This…
Offshore accounts are a great tool to protect your assets from frivolous lawsuits. January 9, 2018 If you’ve been injured, or are a victim of some type of legal harm… in the U.S. you are allowed to file a lawsuit against the offending parties. Of course this legal protection isn’t a bad thing, until it’s […]
Careful What You Wish For: Government “Legitimizes” Cryptocurrencies
With all the clamoring for Bitcoin and other cryptocurrencies to be recognized as legitimate, has anyone considered what it means to mainstream them? January 8, 2018 By: Bobby Casey, GWP Managing Director Advocates of Bitcoin and other cryptocurrencies have been quite vocal over the years about recognizing cryptocurrencies as a legitimate currency, as opposed to […]
Interview: Location Independence & Asset Protection
Get some actionable advice on location independence, asset protection and much more from this Freedom Lovin’ interview! January 5, 2018 Interview with: Kevin Koskella with Bobby Casey Bobby Casey joins Kevin Koskella on Freedom Lovin’s podcast to discuss internationalization, location independence, entrepreneurship, asset protection, and corporate structuring. Inspired by Harry Browne, Kevin Koskella has an […]