The Inflation Reduction Act sends more than $45 billion to the IRS for “enforcement.” The law says they’ll be specifically pursuing “digital asset monitoring and compliance activities,” apart from more general tax enforcement. The crypto tax hunt is on.
Category Archives: Investing
Social Security Just Emailed Us About Their Website Upgrade? Here’s What They Didn’t Say
Social Security just upgraded its website in several very valuable ways. But the site still suggests you can accurately calculate your benefits using Social Security’s calculators. Not true.
Congress Vs. Inflation: The Legislative Tax Showdown
Tax Notes reporter Benjamin Guggenheim discusses the latest tax legislation on Capitol Hill: the recently passed CHIPS and Science Act and the revived reconciliation bill known as the Inflation Reduction Act.
Alex Jones Gets $49.3M Tax Write Off, Plaintiffs Have To Pay IRS Tax On Verdict
A Texas jury rendered a verdict in Alex Jones’ defamation trial, ordering Jones to pay $45.2 million in punitive damages on top of $4.1 million in compensatory damages to Neil Heslin and Scarlett Lewis, the parents of a 6-year-old boy killed in the Sandy Hook school shooting.
Shifting Goal Posts In Digital Taxation
Nana Ama Sarfo reviews recent developments in the ongoing discourse over digital services taxes.
This Is Not Your Grandfather’s (aka Wall Street’s) Investment Advice
Investing these days is really tough. Fortunately, economics-based financial planning offers clear ways to invest at risk while limiting or, indeed, eliminating your living standard downside.
This Is Not Your Grandfather’s (aka Wall Street’s) Investment Advice
Investing these days is really tough. Fortunately, economics-based financial planning offers clear ways to invest at risk while limiting or, indeed, eliminating your living standard downside.