The SEC (U.S. Securities and Exchange Commission) announced earlier this week that it is adding 20 new positions to its Crypto Assets Unit which is in the Cyber Unit of the Commission. The new unit previously handled cybercrimes but is … Continue reading
News & Articles
The 5 States in the U.S. Without a Sales Tax
The United States has many different types of taxes that vary depending on the state that we live in. One of the most common taxes Americans hear about is Sales Tax, which is based on what state you are … Continue reading
Crypto Advocate Elon Musk Buys Twitter – What Does this Mean for Digital Assets?
American Billionaire and Entrepreneur, Elon Musk has recently announced that he will be purchasing the social media platform Twitter for a whopping $43 billion. Twitter becomes another piece to Elon Musk’s collection of multi-million dollar companies. He also owns electric … Continue reading
Child Tax Credit FAQs
The IRS revised its answers to frequently asked questions regarding the Child Tax Credit, adding a new set of six commonly asked filing season questions. The new fact sheet posted on Wednesday to the IRS website answered a lot of … Continue reading
2022 Vehicle Depreciation and Deductions
In general, if you use vehicles in pursuit of a trade or business, you can deduct the ordinary and necessary expenses incurred while operating the vehicle. Taxpayers may use either the standard mileage rate method or the actual cost method … Continue reading
Florida Governor Signs Bill That Will Strip Disney of Special Tax Status
A bill to strip Disney of its special tax status was passed last week by the Florida House of Representatives shortly after the Senate approved it 23-16. This stems from the battle Disney has been having with the Florida Governor … Continue reading
US Job Markets – The Best Cities to Find Employment
The job sector of the US economy was able to recover despite the pandemic that it has been facing for over two years. There have been dramatic increases in employment in fields such as healthcare, technology, construction, and more. Total … Continue reading
Russia Attempting to Evade U.S. Sanctions – Treasury Department Cracking Down
In the last week, we have seen an increased effort in the US Treasury Department’s attempt to combat Russia’s evasion of sanctions imposed on them. Sanctions were announced during a meeting of 20 nations which included representatives from both the … Continue reading
