Facebook reported its third quarter results on Tuesday, which went up by 90%. Facebook reported sales of $3.2 billion for its third quarter, which surpasses the $3.1 billion expectation of the...
Some 15 million people will watch California Chrome June 7th, many pulling for California Chrome. A Triple Crown Winner would be great, especially out of a kind of rags to riches story like this one...
For years, multinational companies like Google, Apple and Microsoft have been thwarting attempts by government authorities abroad to plow through complicated tax structures and pin down profits for...
A new ruling by the IRS classifies Bitcoin as property that may be taxed. In other words, it is not a legal currency and hence the axe of the taxman is going to fall on Bitcoin users. From now...
Is the U.S. tax system competitive? Many global companies say it isn’t. Companies like Apple say they have to jump through hoops to stay competitive. In September 2012, the Senate Permanent...
Overstock raised eyebrows earlier this month when the retailer announced it would accept Bitcoin as payment. While Bitcoin has slowly been making inroads into the U.S. economy, Overstock is by far...
By now most everyone has heard of Bitcoin. But exactly what is it? And how should it be taxed? Bitcoin is usually described as virtual currency. That’s useful shorthand, but is it really money? And...
The clock is ticking. 2013 is almost over which means that year end tax strategies are on the minds of many taxpayers. By now, we all know the most common tips (pay mortgages and taxes in advance,...
It’s Christmas Eve and this year, as always, at my house, there’s a lot of anticipation. And by anticipation, I mean that the kids don’t want to go to sleep (I have a totally different idea). We’re...
At year end, there is often a flurry of advice about making income and deductions count for the year. The general consensus tends to be that nearly everything needs to be wrapped up by December 31....