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 […]
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 […]
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 […]
