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“#DA tax probes could be miserable for Trump — and the rest of country” In a few short weeks, Donald Trump will no longer be president, but the serious and politically fraught investigations into him will continue well into 2021. These investigations, unfortunately for the president and the country itself, don’t involve imaginary visits to…
“#Hilaria Baldwin struggled to sign real name in 2009 tax form” Pseudo-Spaniard Hilaria Baldwin was so confused about her alternating identities that she appeared to struggle when signing a federal tax form. When it came time to put her Juan Hancock at the bottom of a 2009 W-4 document, Hilaria — who has spent 10…
“#UK abolishes tax on women’s sanitary products” Britain on Friday became the latest country to abolish the so-called “tampon tax,” eliminating sales taxes on women’s sanitary products. The move was widely praised by women’s rights advocates as well as proponents of the country’s departure from the European Union. Treasury chief Rishi Sunak had committed to…
“#Albany’s planning more pain for New York in 2021” Fasten your seatbelts for the new year, New York: With Democrats now boasting veto-proof supermajorities in both the Assembly and the state Senate, and several Democratic Socialists joining the ranks, the left is emboldened — and that spells big trouble. “We recognize the mandate we’ve been…
“# India ponders Bitcoin tax law to target $5B market ” India’s finance ministry has called for the enactment of Bitcoin (BTC) tax laws in the country. According to the Times of India, the ministry’s Central Economic Intelligence Bureau, or CEIB, recently submitted a draft document that proposes levying an 18% goods and services tax…
“# Crypto taxes, reporting and tax audits in 2021 ” This year was like no other. Now that it has limped to a close and we look at the promise of a better 2021, it is time to think about taxes. Although there were many other notable things about 2020, there were some tax points…
“#Beware Section 230 repeal and other commentary” Speech watch: Beware Section 230 Repeal Those on the left and right calling for a complete repeal of Section 230 of the Communications Decency Act need to realize it would “return us to the legal no-man’s land” that prohibits even “good Samaritan” censorship, explain Sen. Ron Wyden and…
“# Gifting crypto to loved ones this holiday? Educate them first ” The mainstream has taken a growing interest in cryptocurrency as the price of Bitcoin (BTC) continues to reach all-time highs. To put this interest into perspective, researchers at the Cambridge Centre for Alternative Finance recently found that 101 million people across the globe…
“# Tax justice for crypto users: The immediate and compelling need for an amnesty program ” The United States Internal Revenue Service is blinded by its desire to defeat cryptocurrency. It rushes to enforcement without first thinking how best to get there. It has spent millions of taxpayer dollars training its personnel and procuring private…
“# IRS tax form question leaves US crypto users confused and concerned ” Crypto users in the U.S. have taken to Twitter to express their confusion and frustration over the wording of a question about virtual currencies on this year’s tax return form. On Dec. 11, the IRS published a new Form 1040 return for…