Investing - Global Wealth Protection

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 […]

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 […]

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 […]

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 […]

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 […]

Cryptocurrencies Offer Safe Haven for Citizens Around the World

Constituents around the world turn to crypto-currencies as a safe-haven from unstable and corrupt governments. November 20, 2017 By: Bobby Casey, Managing Director GWP There will always be the skeptics, but crypto-currency has no doubt had an indelible impact: especially to constituents of smaller countries whose governments are unstable and corrupt. After the major expropriation that happened […]

Paradise Papers Have Offshore Under Scrutiny Once More

First the Panama Papers and now the “Paradise Papers”: offshore asset protection and corporate structuring is once again under fire and scrutiny. November 13, 2017 By: Bobby Casey, Managing Director GWP Much like the Panama Papers in the Spring of 2016, the Paradise Papers have drawn the scorn and scrutiny of “fair share” advocates around […]

Canadian Middle Class Concerned About Morneau Tax Proposal

The “consultation period” on Bill Morneau’s tax proposal is closed and the Canadian middle class is rightly concerned. October 9, 2017 By: Bobby Casey, GWP Managing Director In the 75-day consultation period on Canadian Minister of Finance, Bill Morneau’s, tax plan leading up to October 2nd, I happened upon a petition in firm opposition to it. […]

US Debt Tops Twenty Trillion, With No Spending Cuts in Sight

The US topped twenty trillion dollars in national debt and the Republicans want to cut taxes but not spending. October 2, 2017 By: Bobby Casey, Managing Director GWP The US just surpassed the twenty trillion dollar debt mark, and there’s little prospect of that turning around. Republicans who were once very critical of the fiscal […]

Universal Income & 100% Inheritance Tax?

People suggesting a universal income and 100% inheritance tax are out there, and aren’t being ignored entirely. July 31, 2017 By: Bobby Casey, GWP Managing Director A 100% inheritance tax and a universal basic income have to be the most preposterous escalations of welfare I’ve heard! That they aren’t being laughed out of the room, […]