Insights

Part Two of Three: In my prior blog post in this series, I described generally how an Initial Coin Offering (ICO) operates.  In this post, I discuss how the coins or tokens generated from an ICO are viewed by the Securities and Exchange Commission.  PART…
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  Two years ago, in a post entitled “Is Your Brand Naughty or Nice? The New Santa at the Trademark Office“, I discussed some rulings at the U.S. Trademark Office that suggested that those old fuddy-duddies might be relaxing their view of what types of…
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  Tax Code Section 104(a)(2) provides that “damages (other than punitive damages) received … on account of personal physical injuries or physical sickness” are excludable from the recipient’s gross income for tax purposes.  In 1996, Congress, through the Small Business Job Protection Act, amended this…
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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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