You have made some money. So, now what? Boring but important information on how the government expects their share of your earnings.
16 Oct 2021 1 minute read 8 comments SeventyFourSeventyFive
George W. Bush - U.S. President (2001 - 2009) "It's important to let people have more of their own money." Everyone once in awhile, I like to collect quotes on a certain topic and post them here. I know what you are thinking, it is a quick and easy...
10 Oct 2021 3 minute read 2 comments SeventyFourSeventyFive
I am always nervous when some politician utters the phrase “Pay Your Fair Share.” My last article was on the IRS looking into any transaction over 600 dollars. It got me back to thinking about the term that is constantly brought up by politicians who...
9 Oct 2021 2 minute read 3 comments SeventyFourSeventyFive
Beginning in January 2022, anyone who sells more than $600 worth of goods through on the online auction site or rivals like Etsy or Facebook Marketplace will receive a 1099-K form, detailing the transactions for the IRS. For now, only sellers who mov...
3 Sep 2021 1 minute read 5 comments SeventyFourSeventyFive
I continue to be caught up in the case the SEC is making against Ripple. I am not even against the argument they are making, I think there is some merit to it. This latest development is pretty humorous, though. It shows how unprepared the SEC is whe...
30 Aug 2021 4 minute read 3 comments SeventyFourSeventyFive
So, if you are concerned about crypto becoming mainstream, take a look at the companies that are accepting Bitcoin already. Although, this is nothing new. For example, companies like Dish Network have been taking payment in crypto as far back as 2014...
23 Aug 2021 2 minute read 0 comments SeventyFourSeventyFive
(Ok, not the crypto world, exactly. This is about a central bank digital currency (CBDC,) but that is kinda boring so I used a little clickbait to get you here.) Should the Federal Reserve issue a CBDC? There has been a movement for the Federal Reser...
21 Aug 2021 2 minute read 14 comments SeventyFourSeventyFive
Gary Gensler is the head of the Securities and Exchange Commission. He has popped up in many of my writings and continues to tell crypto investors they are not smart enough to be left alone. The following quote from an August 3 speech to the Asp...
12 Aug 2021 2 minute read 5 comments SeventyFourSeventyFive
This is my first, and maybe my only article, on buying a specific crypto. I am delving into it because of the unique circumstances around Ripple right now. I wrote some time back about the SEC accusing Ripple of selling XRP as securities and the la...
11 Aug 2021 2 minute read 0 comments SeventyFourSeventyFive
The American system of government has worked pretty well. The US Constitution has held up and the growth of American economic power in the world over the last two hundred years ranks with the greatest in recorded history. So, the this begs the quest...
5 Aug 2021 3 minute read 4 comments SeventyFourSeventyFive
To write this article, I have to admit to being a pretty big nerd. So I will just get it out in the open. I read a lot about the old west. I have probably read 50 books on the city of Tombstone and the shootout at the OK Corral alone. (And to be hon...
