My 2¢ on Bitcoin

What is Bitcoin? Bitcoin is an open-source, digital currency. That means that pretty much anyone can help create (or mine) Bitcoins and it’s only used for electronic payments. Because the currency is all digital, it’s not tied to a country and can pass quickly and anonymously as payment between people or people and companies. Where can you use Bitcoin? You can use Bitcoin as online payments to other people and there are some ATMs that can be used to withdrawal your Bitcoins in exchange for local currency. There are also some companies – such as Expedia, Virgin Galactic, Overstock.com, Zynga, […]

What the Tax Cuts & Jobs Act of 2017 Could Mean for You

There’s a lot of debate on whether the Tax Cuts and Jobs Act of 2017 will help grow our economy or add trillions in debt to the federal balance sheet. While only time will tell the true impact on the US economy, most of our clients are more concerned about the bottom-line impact on their personal taxes. At first blush, it appears some of our clients may see tax savings while others may wind up with more taxes due. To help give you an idea of how this could impact your taxes, I’ve listed several items that stand out to […]