Tag: tax

Taxes: How to Pick a Recession Proof Career

Many experts predict that the U.S. might face another recession as early as next year and by 2021, others foresee another recession and give it a 24% to 83% of happening. In May 2019, the U.S. saw just 27,000 created – affecting manufacturing and small businesses the most heavily, but some industries, healthcare, education, and financial activities saw job growth instead of reduction. Over the next three years, unemployment rates …
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Putin Orders Drafting of Digital Currency Laws, Affecting Miners

Following a few months of conflicting statements, recent reports from the Kremlin indicate that Russian President Vladimir Putin has made a decision on digital currencies. He has ordered his government to create laws meant to clearly govern the status of Bitcoin and other digital currencies, but also to thoroughly regulate initial coin offerings, mining, and other aspects of cryptocurrency by summer 2018. Decisions, Decisions While there have been several hints that Russia …
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Criminals Now Target School Districts and SMBs to Commit W-2 Tax Fraud

With the tax season in full effect, cybercirminals are once again trying to take advantage of unsuspecting consumers and enterprises. A new type of W-2 fraud has been discovered, which is now going well beyond the traditional business sector. Colleges and SMBs are prime targets for this type of W-2 fraud as well, by the look of things. W-2 Tax Fraud is Picking Up In Intensity Over the past few …
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Israeli Government Will Charge Taxes To All Profitable Cryptocurrency Activities

The devoted community of cryptocurrency enthusiasts will now have a good perspective on what bitcoin-related laws will apply in the country. Israeli tax authorities issued a document establishing that cryptocurrencies cannot be considered as financial bonds nor as legal tender payment methods, but are in fact taxable assets – just like in the US. The legal situation of Bitcoin has always been the cause of concern in some countries around the world. …
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