Donate Your Crypto Profits to Charity (and Avoid Tax Stress)
Do you have profits in bitcoin or other cryptocurrencies you need to report to the IRS? Are you – and your tax advisors – confused about how to do it?
Do you have profits in bitcoin or other cryptocurrencies you need to report to the IRS? Are you – and your tax advisors – confused about how to do it?
I’ve long advised our clients to send only secure emails and to post only information they wouldn’t mind being reported on the front page of The New York Times on social media platforms like Facebook.
In the last 150 years, a previously unknown social concept has taken hold in the US and other wealthy countries: retirement. And just as we’re getting used to it, it’s being wrenched away from us.
Read only the mainstream media and you’ll think that Americans evade $150 billion or more in taxes on offshore assets every year.
In 1971, President Richard Nixon told an ABC News reporter that he was "now a Keynesian in economics."
Back in 2005, Congress snuck an obscure provision into a military spending bill that, in effect, created the first national ID card in US history.
It’s the little blue book that Americans love to hate, and it’s just about impossible to cross an international border without it.
Monopolies established by governments never work as intended. But that hasn’t stopped kings, presidents, prime ministers, and other authority figures from creating them.
Your voice is the newest security feature used to uniquely identify you. Smartphones and devices like the Amazon Echo let you add items to your personal calendar, make calls, or send emails using only your voice.
On November 28, a federal judge ordered Coinbase, a company that facilitates transactions in crypto-currencies like Bitcoin, to comply with an IRS summons to identify more than 14,000 user accounts.
I’ve just returned from nearly three weeks in Europe, where I visited with my network of international bankers, asset managers, and trustees.
In the 30-plus years I’ve been in the publishing business, I’ve seen my share of “new countries.” Some are scams, such as the Dominion of Melchizedek, which I exposed as a fraud nearly two decades ago.
A new batch of stolen data from an offshore services provider has now been released. Dubbed the “Paradise Papers,” the leak consists of more than 13.4 million documents from Appleby’s, an international law firm based in Bermuda.
Bitcoin continues to set almost daily price records.Yesterday it was selling for $6,953.58/BTC. Indeed, since the beginning of 2017, the price of bitcoin has more than quadrupled.
Millions of Americans in Texas, Florida, and other states affected by Hurricanes Harvey and Irma have had their lives upended by these storms. We extend our thoughts and concerns to all of them.
If you're familiar with the Star Trek spin-off television series, The Next Generation, starring Patrick Stewart, you know about the Borg.
On or around October 2, the US federal government will shut down – again. The actual date could be a bit earlier or later, depending on how the government’s cash flows.
In late May, Senators Charles Grassley, Dianne Feinstein, and Sheldon Whitehouse introduced the Combating Money Laundering...
I just finished a series of meetings with a client, a lawyer who no longer practices law but has shrewdly invested in a series of startups. He’s amassed a multi-million dollar fortune – and a collection of frivolous lawsuits.
Pensions are a relatively new phenomenon. The first pensions date back to the 17th century, but the first modern pension scheme didn’t come into effect until 1889...
One of the realities of modern life is that government control over its citizens has become pervasive. Nowhere is that more true than in our right to travel internationally.
Privacy advocates were aghast when President Trump signed a bill on April 3 that overturned restrictions on data sharing by internet service providers (ISPs).
I might be the only writer on the offshore beat who isn’t in love with Puerto Rico’s tax incentives. Recently, a colleague of mine whom I greatly respect published an entire issue of his newsletter about Puerto Rico.
I will be the first to admit it: I’m a lousy investor. My first forays into the investment markets came in the early 1980s, when I saved up enough money to buy some stocks.
Over the last decade, tens of thousands of visitors to the US – plus US citizens and residents returning home – have been subjected to warrantless border searches of their electronic devices.
2016 was another record-breaking year for the number of US citizens and its long-term residents expatriating, giving up their US citizenship and passport or green card.
How’s this for a nightmare scenario? And while it didn’t actually occur on Valentine’s Day – it could have. One morning, you switch on your personal computer.
Every president inherits something difficult. Some problems are simply out of the incoming president’s hands. Obama inherited a financial crisis.
Supply and demand: it’s Economics 101. Nowhere is it more obvious right now than in the industrial metals sector. When demand for copper is high, the price goes up.
While it wasn’t widely publicized on this side of the pond, a hacker breach last month into Britain’s Tesco Bank sent shockwaves throughout Europe, with the thieves managing to steal £2.5 million pounds (US$3.1 million).