theonlinetaxguy

Federal Building IRSASSOCIATED PRESS It’s officially tax season, which means especially burdensome requirements for the adventurous who dared to invest in cryptocurrency last year. Not surprisingly, the IRS was among the first government agencies to provide official clarity on what exactly bitcoin is, and what they decided was the cryptocurrency and its brethren are property.
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The National Conference of CPA Practitioners is stepping up to help government employees dealing with the ongoing government shutdown. NCCPAP announced that it will give any furloughed or unpaid critical federal employee “a significantly discounted fee” to have their 2018 return prepared by a participating NCCPAP CPA. Federal employees must provide proof of employment. Those
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The current macroeconomic environment makes it difficult for CNBC’s Jim Cramer to recommend even a best-of-breed stock like Emerson Electric, he said Wednesday after a solid trading session in the stock market. An old-line manufacturer involved in the industrial automation, fluid handling, climate control and oil and gas spaces, Emerson has been at the center
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Remembering this season; retention pointers; IRS Mind; and other highlights from our favorite tax bloggers. Promises promises Mauled Again (http://mauledagain.blogspot.com/): AT&T, upstate New York, Florida and 150 positions: Why tax breaks for creating jobs should not be based on promises of future employee retention and hiring but on actual compliance with job creation. Tax Vox
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An interview with billionaire Private Equity titian and co-founder of The Carlyle Group, David Rubenstein. In this interview, David discusses how the Private Equity industry works and creating The Carlyle Group. David also talks about what makes a great CEO, Venture Capital and Donald Trump. 📚Books recommended by David Rubenstein are located at the bottom
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Andrew Harrer/Bloomberg While the ongoing government shutdown hasn’t delayed the expected start of tax season, other Internal Revenue Service functions have been impacted, with the service announcing today that it has cancelled a public hearing on proposed amendments to the regulations relating to imposing user fees for enrolled agents and enrolled retirement plan agents (REG-122898-17).
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The OECD’s new database Corporate Tax Statistics provides insights into the recent history and current state of corporate income taxes (CIT) around the world. The database includes information on a variety of measures of corporate taxation including statutory tax rates, marginal and average effective tax rates, the cost of capital for different investments, and the
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By Richard Watts, Next Avenue Contributor  Many of us believe the wisdom we distill from surviving life’s obstacle course is best directed at rescuing our kids from the difficulty and heartache of similar growing experiences. More strategic than yesteryear’s helicopter parents, today’s drone parents seek out and destroy perceived impediments to our children’s success. But it
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