Getting Comfortable with Cryptocurrency

Getting Comfortable with Cryptocurrency

#Cryptocurrency $BTC $ETH Cryptocurrencies like Bitcoin have prompted potential investors and analysts to ask lots of Big Qs, because over the past several yrs, digital currencies have seen significant growth in popularity. Along this way there are untruths, myths, and rumors about the sector in general and about certain coins and tokens in particular. Here, we take a […]

Americans are Resilient and Courageous, You Cannot Impeach That

Americans are Resilient and Courageous, You Cannot Impeach That

#Americans #resilient #couragous #sentiment #business #startups #PresidentTrump #economy #ChinaVirus “The spike of US business formations in 2H of Y 2020 has been a big surprise“– Paul Ebeling After falling 30% in the wks following the March lockdowns, paperwork filed by prospective businesses started growing in June and finished the year ahead of Y 2019’s tally […]

Record Number of Americans Saying ‘Goodbye America’

Record Number of Americans Saying ‘Goodbye America’

#Americans #passports #expat #citizenship Recently, President Trump hosted a naturalization ceremony at the White House, aired during the Republican National Convention. “You have earned the most prized, treasured, cherished, and priceless possession anywhere in the world,” he told the 5 new United States citizens. “It’s called American citizenship.” Prized? Perhaps, but not priceless. A record number of […]

US Treasury to Review Schools,Colleges and Universities Tax-Exempt Status

US Treasury to Review Schools,Colleges and Universities Tax-Exempt Status

#President Trump #Treasury #schools, #colleged #universities #TaxExempStatus #IRS US Treasury Secretary Steven Mnuchin says his agency will investigate the tax-exempt status of universities after President Trump called for a probe earlier in July. “Secretary Mnuchin expects that Treasury’s Office of Tax Policy will conduct a policy review of the generally applicable regulations and guidance implicated […]

Bill Gates Donates Billions to Private and Public Companies, a Moral Hazard Surrounds Him

Bill Gates Donates Billions to Private and Public Companies, a Moral Hazard Surrounds Him

$IBM $CMCSA $UL $GSK $VOD $MSFT In a 17 March 2020, article in The Nation titled, “Bill Gates’ Charity Paradox,” details “the moral hazards surrounding the Gates Foundation’s $50 billion charitable enterprise, whose sprawling activities over the last two decades have been subject to remarkably little government oversight or public scrutiny.” As noted in this article, […]

Secretary Mnuchin Assembled 100 Business Leaders for Special Reopening Task Force

Secretary Mnuchin Assembled 100 Business Leaders for Special Reopening Task Force

$DIA $SPY $QQQ $RUTX $VXX Monday, Treasury Secretary Mnuchin said he and his team have selected 100 business leaders to join a Special Task Force dedicated to re-opening the economy after the coronavirus crisis passes. The task force will work with medical advisers to develop a timeline for re-opening the economy, with 1 May as a […]

The Coronavirus Will Change America

The Coronavirus Will Change America

$DIA $SPY $QQQ $RUTX $VXX America is at War President Trump is commanding and the nation’s governors, mayors and industry leaders are acting in concert to mobilization efforts for the major conflict. As with all major Wars, this will change how Americans think, engage with the world, and behave. Since WWII, Western leaders have embraced globalization, governed by rules for equitable competition, […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$XAU, $XAG Special Report: Gold, How To… With gold prices up about 20% YTD signs of a global growth slowdown and geopolitical tensions, precious metals are getting a close look from investors seeking insurance for their individual retirement accounts. That is real, physical gold and silver coins or bars, not the precious-metals ETF’s or mining-company […]

US Treasury Will Not Weaponize’ IRS in Request for President Trump’s Tax Returns

US Treasury Will Not Weaponize’ IRS in Request for President Trump’s Tax Returns

Saturday, US Treasury Secretary Steven Mnuchin said he could not commit to meeting Democrats’ new 23 April deadline for turning over President Trump’s tax returns to them, adding that he wanted to keep the Internal Revenue Service from being “weaponized” for political gain. Secretary Mnuchin, speaking to reporters on the sidelines of the International Monetary […]

Tips to Help You This Tax Season

Tips to Help You This Tax Season

Many US taxpayers wait until the last minute to file their returns. If that is your plan, then now is the time to get on with it. With the April 15 filing deadline 9 days away, you cannot afford to stall on your taxes any longer. Here are some tips for tackling that return now […]

Expat Americans Continue to Renounce Citizenship

Expat Americans Continue to Renounce Citizenship

Expat Americans Continue to Renounce Citizenship A steady stream of American citizens reportedly have renounced their citizenship since the implementation of stricter tax rules. Many Americans who live in other countries face higher tax bills, difficulty in obtaining and keeping financial accounts and complex retirement savings rules Some advocates urge the US government to tax […]

Bitcoin: IRS says ‘Less than 100 people have reported holdings so far’

Bitcoin: IRS says ‘Less than 100 people have reported holdings so far’

Bitcoin: IRS says ‘Less than 100 people have reported holdings so far’ $BTCUSD The Big Q: What will be the impact of last years digital currency boom be on US tax payers? Notably, Germany has declared Bitcoin Tax Exempt. In Y 2017, cryptocurrencies became among the very trendiest investment opportunities. And, after much debate and […]

IRS Taps Bitcoin Traders’ Exchange Data Pool

IRS Taps Bitcoin Traders’ Exchange Data Pool

IRS Taps Bitcoin Traders’ Exchange Data Pool $BTCUSD Coinbase Inc., an online exchanges for digital currencies, has warned thousands of its customers that it will be reporting their financial data to the US tax officials. The request was part of a probe by the Internal Revenue Service (IRS) into alleged tax evasion and advoidence. The […]

DOJ: “IRS Abuse of Power will Not be Tolerated”

DOJ: “IRS Abuse of Power will Not be Tolerated”

DOJ: “IRS Abuse of Power will Not be Tolerated” DOJ settles Tea Party groups’ lawsuits over IRS scrutiny Thursday, the US Department of Justice announced it has reached settlements with conservative groups over lawsuits relating to the IRS’s scrutiny over the groups’ applications for tax-exempt status. The settlements pertain to 2 cases, one with 41 […]

President Trump Instructed DOJ to Probe the Weinstein Sex Scandal

President Trump Instructed DOJ to Probe the Weinstein Sex Scandal

President Trump Instructed DOJ to Probe the Weinstein Sex Scandal The FBI have already opened up an investigation into the sexual harassment allegations against Hollywood’s Harvey Weinstein’s. Attorney General Jeff Sessions’ Department of Justice has ordered the FBI to investigate the sexual misconduct allegations surrounding Hollywood producer Harvey Weinstein. Mr. Weinstein, 65 anni, has become embroiled […]

Congress to Stop IRS from Enforcing Obamacare Mandate

Congress to Stop IRS from Enforcing Obamacare Mandate

God Bless America!  Congress to Stop IRS from Enforcing Barack Obamacare Mandate The US Congress is making sure 1 Key part of Barack Obamacare gets repealed poste haste,  the Individual Mandate. The House appropriations committee has drafted a provision to stop the IRS from enforcing the individual mandate of the Affordable Care Act aka Barack […]

FATCA Must Be ‘Killed” by This GOP Congress

FATCA Must Be ‘Killed” by This GOP Congress

FATCA Must Be ‘Killed” by This GOP Congress The Foreign Account Tax Compliance Act (FATCA) imposed a worldwide financial disclosure information regime on every financial institution in the world, it is an international nightmare. There are several major problems with FATCA which are widely discussed and debated. FATCA was passed into law in Y 2010 […]

President Trump’s Order Allows Churches to Become Politically Active

President Trump’s Order Allows Churches to Become Politically Active

President Trump’s Order Allows Churches to Become Politically Active Thursday, US President Donald Trump signed an executive order that allows tax-exempt churches to more actively participate in politics and and may well free religious organizations to deny employees insurance coverage for birth-control pills. The order partially fulfills a campaign promise by President Trump, although he […]

The Left is Now Attacking Pro-Trump Author David Horowitz

The Left is Now Attacking Pro-Trump Author David Horowitz

The Left is Now Attacking Pro-Trump Author David Horowitz On April 20, when my book Big Agenda: President Trump’s Plan to Save America, was entering its 10th consecutive week on the New York Times best-seller list, I received an e-mail from Robert O’Harrow, an investigative reporter for The Washington Post. He was asking for an […]

Republican Lawmakers Want DOJ to Look at IRS Scandals Again

Republican Lawmakers Want DOJ to Look at IRS Scandals Again

Republican Lawmakers Want DOJ to Look at IRS Scandals Again Last Wednesday, 2 GOP lawmakers Wednesday urged the US Department of Justice (DOJ)to take another look at former IRS official Lois Lerner “in order to assure The People that DOJ’s prior investigation was handled fairly and to restore taxpayers’ trust in the IRS. Democrat Lerner […]

IRS Tax Refund Delay to Weigh on Consumer Spending

IRS Tax Refund Delay to Weigh on Consumer Spending

IRS Tax Refund Delay to Weigh on Consumer Spending Legislation aimed at preventing fraud is delaying US federal tax refunds and is likely to hurt consumer spending by as much as $21-B this month. The provision in the Protecting Americans from Tax Hikes Act passed by Congress near the end of Y 2015 will postpone funds […]

The Trump Tapes, the Trump Vote: Maintaining Perspective

The Trump Tapes, the Trump Vote: Maintaining Perspective

The Trump Tapes, the Trump Vote: Maintaining Perspective Two days later, the Trump tapes continue to reverberate. As someone who speaks and writes arguing that electing Donald Trump (with all of his imperfections) is far preferable to electing Hillary Clinton (with all of hers), I’ve been challenged by friends who are Democrats–some no longer so […]

IRS Opens Investigation into Clinton Foundation

IRS Opens Investigation into Clinton Foundation

IRS Opens Investigation into Clinton Foundation Just a year after brushing off Republican lawmakers, the IRS has reversed course and opened up a formal investigation into the activities of the Clinton Foundation. The IRS referred Rep. Marsha Blackburn’s (R-TN) request to its Exempt Organizations Examinations program. Ms. Blackburn has led a cadre of Republicans persistent […]

1st Time Buyers of EV’s and Hybrid Cars Eligible for Tax Credits

1st Time Buyers of EV’s and Hybrid Cars Eligible for Tax Credits

1st Time Buyers of EV’s and Hybrid Cars Eligible for Tax Credits US environmentally-conscious taxpayers can choose from a variety of vehicles powered solely or partially by electricity. Some of the cars on this list are “head scratchers”, as in the Porsche 918 Spyder Hybrid base priced at $845,000 (pictured above), humm! In addition to the perceived ecological […]