Category Archives: Blog

Bitcoin Prices Have Tripled Since December

The world’s largest digital currency is on the rise again. Bitcoin prices have climbed more than 200% over the last six months, rising quickly in the face of bullish momentum.

The digital currency’s price hit a 2019 high this week, reaching as much as $9,409.34. This means that bitcoin’s price has more than tripled since December, when it was at a low of $3,100. Here’s more about this week’s bitcoin news:

https://www.forbes.com/sites/cbovaird/2019/06/17/bitcoin-prices-have-triped-since-december-whats-next/#b4710a2112be

Building an Extraordinary Team Culture

Being a part of a workplace team is a great way to achieve any task in the business world.  When you take a group of independently talented people and come up with a team in which they can apply their talents, not only will energy and creativity be released, but performance, loyalty and engagement will improve.

But how do you create a well-oiled team? It all starts with the culture. Check out these steps for building an extraordinary team culture.

https://www.inc.com/peter-economy/5-ways-to-build-an-extraordinary-team-culture.html

Summer Movies 2019

From Toy Story 4 to Spider-Man: Far From Home, there are lots of summer blockbusters coming out in the next few months. If you have kids, take them to see Lion King on July 19 or Dora and the Lost City of Gold on August 2. If you like Quentin Tarantino films, don’t miss Once Upon a Time in Hollywood on July 26.

If you like horror films, try Child’s Play on June 21 or Annabelle Comes Home on June 26. 21  Bridges, The Farewell, Fast and Furious Presents: Hobbs and Shaw, The Kitchen and Good Boys…these are just a few of the movies coming to the big screen this summer. Check out more at:

https://editorial.rottentomatoes.com/prev/summer-movie-calendar-2019/

Breaking it Down: Basics of Estimated Taxes

taxes

If you’re a self-employed contractor or freelancer, you know how confusing estimated taxes can get. It can be difficult to estimate how much of each check you need to set aside, not to mention tempting. There’s no employer there to automatically take it out of your check every week. YOU have to do it, which is something that’s gotten many self employed people into a pickle before.

To set the record straight, check out these guidelines from the IRS on who should be saving and how much you should be saving throughout the whole year.

https://www.irs.gov/newsroom/basics-of-estimated-taxes-for-individuals

2017 Tax Law Had No Impact on Consumer Filing Patterns

According to a new report from Moody’s Investors Service, the 2017 tax law had no real impact on consumer tax filing patterns or the market share of tax prep vendors. About 56 percent of electronic filings were handled by paid providers, which is in line with the popularity of DIY online filing services and software.

Here’s some more interesting tax news in Accounting Today.

https://www.accountingtoday.com/news/tax-reform-had-little-impact-on-tax-prep-market-share-says-moodys?brief=00000158-6edb-da3c-af5a-ffff76ed0000

CoinJoins Rise by 300%

Mixed cryptocurrency transactions now represent 4% of all bitcoin payments, with so-called “CoinJoins” rising by 300% in just nine months. By blending multiple transactions together before they are sent to the recipient, the sender’s details can be obscured.

CoinJoins have become more popular as more monitoring of transactions on blockchain are occurring.  Read more here at:

https://cointelegraph.com/news/mixed-cryptocurrency-transactions-up-300-as-crypto-users-pursue-anonymity