U.S. Government Overspends Again – But Here’s What’s Alarming About It…
U.S. government is overspending at an alarming rate, despite the boost it receives from asset forfeiture, and there’s no end in sight. January 4, 2018 By: Bobby Casey, Managing Director GWP The U.S. Government’s fiscal year ended on September 30th, and some of the results are alarming… $16 billion in revenue came from DOJ programs, […]
Going Into 2018
The myriad changes that unfolded in 2017 will make for an interesting 2018 from the US tax legislation, to the global economy, and to cryptocurrencies. January 1, 2018 By: Bobby Casey, Managing Director GWP There are numerous interesting issues to watch in 2018 including the effects of the recent tax bill, cryptocurrencies, and even the […]
Big Changes for Meals & Entertainment Expenses
While business friendly on many fronts, the new tax plan removes a few benefits such as meals and entertainment write-offs. December 29, 2017 By: Diane Kennedy, CPA USTaxAid.com It’s over 1000 pages long and there are a lot of little nuances to the new tax plan. Over the next few weeks, I’ll be highlighting changes […]
The 2018 New Pass-Through Tax Strategy
If you have a pass-through entity, it might be time to optimize your tax strategies in 2018 in light of the new tax bill. December 26, 2017 By: Diane Kennedy, CPA USTaxAid.com You may have heard that we’re all going to pay a whole lot less tax on our pass through entities. That’s true, to […]
Section 702 of the FISA is Postponed
Good news and bad news: Section 702 of the FISA is temporarily dead! December 25, 2017 By: Bobby Casey, Managing Director GWP The US Federal Government can’t give you the straight good news of letting Section 702 of the FISA (Federal Intelligence Surveillance Act) just expire one and for all; it left itself a little […]
Bitcoin and the IRS
IRS makes headway in pursuing Bitcoin owners including full access to owner information for transactions from 2012-2015 over $20,000. December 22, 2017 By: Diane Kennedy, CPA USTaxAid.com The IRS recently won a landmark case against Coinbase, giving them access to all owner information for cryptocurrency transactions totaling over $20,000 from 2012-2015. Right now, there is […]
Airline Cartels Need a Dose of Global Free Market Competition
Airline carriers rely on government protectionism to maintain their cartel. The fix is a heavy dose of GLOBAL free market competition. December 18, 2017 By: Bobby Casey, Managing Director GWP Airline travel has come such a long way, but airline carriers are huge beneficiaries of government protectionism, and major cartel that need a good dose of […]
Saudi Gov’t Gives U.S. Blueprint to Steal Your Wealth…
Saudi Arabia exacts harsher version of US asset forfeiture policy on their wealthy to offset economic losses. December 13, 2017 The Saudi Arabian Government used to be doing well economically, mainly because of their oil reserves. It doesn’t hurt they also have one of the richest GDPs in the world. But after the last few […]
Congress Re-defines “Financial Institution” Targeting Cryptocurrency Users
Congress secretly decides to change the definition of “financial institution” targeting cryptocurrency users. December 11, 2017 By: Bobby Casey, Managing Director GWP Congress certainly has a special vendetta against money launderers; the policies for which are careful to target cryptocurrency accounts as well. We have brought these stories to your attention over the years, and […]
Senseless Cronyism Has Dark Implications for Market Participants
The United States is riddled with cronyism that needlessly interferes in the market’s activities. December 4, 2017 By: Bobby Casey, Managing Director GWP The cronyism is THICK in the United States and it is meddling with market trends that are better left alone. Three states caught my eye, all of which set a very dangerous […]
