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, […]

Careful What You Wish For: Government “Legitimizes” Cryptocurrencies

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

2018 Tax Cryptocurrency Global Economy

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

change meal entertainment expense

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 […]

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 cartel government 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 […]

Congress Re-defines “Financial Institution” Targeting Cryptocurrency Users

congress cryptocurrency

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

cronyism

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 […]

Government Monopolies Hindering Progress

Government monopolies as with the USPS or over local rights of way for competing ISPs, prevent us from advancing as efficiently as possible. November 27, 2017 By: Bobby Casey, Managing Director GWP One of the biggest arguments against capitalism is the inevitability of monopolies; worse still monopolies over essentials like food or utilities. The defense […]

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