Insights

This is the first of a three-part blog series.  In this post, I will describe generally how an Initial Coin Offering (ICO) operates.  Stay tuned for discussions in my second and third posts on how the Securities and Exchange Commission and the Internal Revenue Service…
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  In honor of Valentine’s Day, I’d like to share a twist on a classic love story – two young, naïve individuals meet, find they have common interests, and start dreaming about their future.  Eventually, these like-minded individuals decide that they are ready to take…
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The IRS published its first notice of the year this past Friday – Notice 2018-1 – providing guidance for implementation of Internal Revenue Code Section 7345. Wait, step back a moment… what is happening? On December 4, 2015, the Fixing America’s Surface Transportation Act (the…
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Bitcoin, and other virtual currencies, had a heck of a year in 2017.  Bitcoin started the year trading at about $1,000 per coin; by year’s end, its value had skyrocketed to about $14,000.  Ethereum jumped from less than $10 to over $700.  Monero’s price similarly…
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Effective as of tax years beginning in 2018, the rules for how the IRS audits companies taxed as partnerships will change dramatically.  As many business owners may recall from reading client alerts and news articles over the past couple of years, the Bipartisan Budget Act…
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  The Great American Solar Eclipse is scheduled to cross through the United States from coast to coast on August 21, 2017.  Solar eclipses occur when the moon moves between the Earth and the sun, which causes the shadow of the moon to be projected…
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A lexicographer’s task of pinning down a word’s origin can often mean hours, and even days, of ink-stained research drudgery. But when it comes to one particular word, even we non-lexicographers can identify the precise time it entered our lexicon: 12:06 am on May 31,…
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