Dragons Breath

If you are married and file a joint tax return, your federal tax rate may be lower than that of an unmarried individual. That’s just one example of the ways in which U.S. tax laws are written to provide married couples with greater benefits than those received by other individuals.Continue Reading

In a 2018 New York Times op-ed titled “Why I’m a Crypto Skeptic,” crypto-skeptic Paul Krugman wrote: “What problem does this technology solve? What does it do that other, much cheaper and easier-to-use technologies can’t do just as well or better?” I still haven’t heard a clear answer.” The NobelContinue Reading

Natural gas companies are a crucial part of Russia’s economy. The energy sector is a staple of the investing world, and it comprises about 60% of Russia’s GDP and about 36% of its revenue as of 2019. The country has some of the largest multinational oil and gas companies in the worldContinue Reading

Airbnb vs. Hotels: An Overview Airbnb, the largest peer-to-peer exchange service for hospitality around the world, has disrupted the hotel industry. Some have argued that Airbnb rentals should be regulated like hotels and Airbnb providers should be subject to hotel occupancy taxes. Airbnb argues its business model merely connects hosts who rent out their privateContinue Reading

Deferred compensation plans offer an additional choice for employees in retirement planning and are often used to supplement participation in a 401(k) plan. Deferred compensation is simply a plan in which an employee defers accepting a part of his compensation until a specified future date. For example, at age 55Continue Reading

Many people are bullish about cryptocurrencies like Bitcoin, but detractors point to a major flaw—cryptocurrency mining is highly energy intensive. While mining is just one method available to validate cryptocurrency transactions and mint new crypto coins, it’s the method used by Bitcoin and other leading cryptocurrencies. Keep reading to findContinue Reading

As promised by the Internal Revenue Service (IRS), victims of recent tornados in parts of Illinois and Tennesse, like their neighbors in Kentucky, will have until May 16, 2022, to file individual and business tax returns and make tax-related payments. The IRS has offered this relief to taxpayers affected byContinue Reading

Understanding the Department of Housing and Urban Development (HUD)? The purpose of the U.S. Department of Housing and Urban Development (HUD) is to provide housing and community development assistance and to make sure everyone has access to “fair and equal” housing. To achieve these goals, HUD runs or participates inContinue Reading

What Is an Emerging Market Economy (EME)? An emerging market economy (EME) is defined as an economy with low to middle per capita income. It is a nation whose economy mimics that of a developed nation but does not fully meet the requirements to be classified as one. The termContinue Reading