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Contactless payment services such as Apple Pay move customers through the line faster and make fumbling with physical ca...
24/01/2023

Contactless payment services such as Apple Pay move customers through the line faster and make fumbling with physical cards and cash feel old-fashioned. Here's how to set your small business up to take Apple Pay, plus the pros and cons of accepting it.

Contactless payment services such as Apple Pay move customers through the line faster and make fumbling with physical cards and cash feel old-fashioned. Here's how to set your small business up to take Apple Pay, plus the pros and cons of accepting it.

Hereā€™s an overview of angel investors, some pros and cons of this kind of small-business financing, how to determine whe...
22/01/2023

Hereā€™s an overview of angel investors, some pros and cons of this kind of small-business financing, how to determine whether itā€™s right for your startup and how to bring potential angel investors on board.

Hereā€™s an overview of angel investors, some pros and cons of this kind of small-business financing, how to determine whether itā€™s right for your startup and how to bring potential angel investors on board.

Crypto Coin Cracks After Luring Indians With 3,100% Returns. A crypto party in India is showing signs of trouble amid a ...
17/01/2023

Crypto Coin Cracks After Luring Indians With 3,100% Returns. A crypto party in India is showing signs of trouble amid a wider market meltdown.

Sanjay Kamble hit the jackpot when an obscure token heā€™d invested in surged about 3,100% in eight months. He ditched his dead-end marketing business this year and became a full-time crypto evangeliā€¦

The illicit use of cryptocurrencies is predominantly associated with money laundering purposes, the (online) trade of il...
17/01/2023

The illicit use of cryptocurrencies is predominantly associated with money laundering purposes, the (online) trade of illicit goods and services, and fraud. Fraud is the most frequently identified predicate offence in the illegal use of cryptocurrencies.

Funds received by sanctioned entity Garantex accounts for much of 2022ā€™s illicit cryptocurrency transaction activity. Crime related to cryptocurrency transaction volumes have spiked once again for ā€¦

It was upon the advice of his 62-year-old father, a former pilot with Emirates, that Jack Skipp first invested in Bitcoi...
17/01/2023

It was upon the advice of his 62-year-old father, a former pilot with Emirates, that Jack Skipp first invested in Bitcoin

Former pilot turned YouTube celebrity CryptoJack discusses investments in Bitcoin and ethereum, the metaverse and Web 3.0 on the Spencer Lodge Podcast. It was upon the advice of his 62-year-old fatā€¦

Elon Musk's historic wealth drop is now part of the Guinness World Records. The global reference book recently announced...
17/01/2023

Elon Musk's historic wealth drop is now part of the Guinness World Records. The global reference book recently announced that Musk, once the world's wealthiest person, had officially shattered the world record for "the largest loss of personal fortune in history"

Musk is also now the second richest person in the world Aside from being Twitter, Tesla and SpaceX chief, business magnate Elon Musk has a new title ā€“ the Guinness World Record holder with the largā€¦

As the law lags behind crypto, the true extent of many partnersā€™ holdings may never be known.Erica and Francis DeSouza w...
16/01/2023

As the law lags behind crypto, the true extent of many partnersā€™ holdings may never be known.

Erica and Francis DeSouza were a wealthy San Francisco couple who decided to get divorced. The negotiations were over the usual arguments over access to the kids, who got the house and the pension, but also something extra. Who got the crypto?

As the law lags behind crypto, the true extent of many partnersā€™ holdings may never be known Erica and Francis DeSouza were a wealthy San Francisco couple who decided to get divorced. The negotiatiā€¦

How many bitcoins can never be accessed again on the blockchain forever?If you loose your bitcoin recovery phrase, your ...
15/01/2023

How many bitcoins can never be accessed again on the blockchain forever?

If you loose your bitcoin recovery phrase, your cryptocurrency will remain safely stored on the blockchain, but you won't have any way to access it. So keep your recovery phrase safe! If you lose your recovery phrase you lose access to your crypto. A lot of investors have lost millions and We explained how many bitcoins have been lost forever?

Since bitcoin introduction in 2009, It has grown to become the most popular as well as the most commonly used cryptocurrency in the world. However, there are certain challenges that all Bitcoin invā€¦

There is massive support for cryptocurrency all over the world, however, some people distrusted the system, even by top ...
15/01/2023

There is massive support for cryptocurrency all over the world, however, some people distrusted the system, even by top billionaires like Warren Buffett and Charlie Munger, who called bitcoin ā€œworthless artificial gold.ā€

Nevertheless, cryptocurrency has proven to be the best system to take power away from governments with terrible financial and fiscal policies and put it in the hands of the general public, and maintain some sort of stability. Here are the differences between cryptocurrency and traditional banking systems

For a number of years now, Bitcoin and other Cryptocurrencies have gained tremendous popularity all over the world. As of January 2023, the Bitcoin market cap is over $403B, with the total crypto mā€¦

Whichever type of retirement plan you have, the money doesnā€™t just sit there; itā€™s channeled into investments so it can ...
07/01/2023

Whichever type of retirement plan you have, the money doesnā€™t just sit there; itā€™s channeled into investments so it can grow. When you sign up for a plan, youā€™re given a choice of investmentā€¦

Whichever type of retirement plan you have, the money doesnā€™t just sit there; itā€™s channeled into investments so it can grow. When you sign up for a plan, youā€™re given a choice of investment optionā€¦

Law is information, not magic. If you can look up necessary information yourself, you need not purchase it from a lawyer...
28/12/2022

Law is information, not magic. If you can look up necessary information yourself, you need not purchase it from a lawyer. Finding basic LLC law is not difficult. You can do much of the research necessary to understand your stateā€™s LLC act online. Of course, interpreting typically obtuse legal language can be difficult, so if important issues are involved, it can make sense to check your conclusions with a lawyer....

Law is information, not magic. If you can look up necessary information yourself, you need not purchase it from a lawyer. Finding basic LLC law is not difficult. You can do much of the research necā€¦

If you are an active owner in your LLC (that is, you manage or work for it), your tax advisor will probably recommend th...
28/12/2022

If you are an active owner in your LLC (that is, you manage or work for it), your tax advisor will probably recommend that you pay self-employment (Social Security and Medicare) taxes on any profits paid to you. Inactive ownersā€”nonmanaging members in a manager-managed LLCā€”probably will not have to pay self-employment taxes. This isnā€™t a big deal for most LLC owners....

If you are an active owner in your LLC (that is, you manage or work for it), your tax advisor will probably recommend that you pay self-employment (Social Security and Medicare) taxes on any profitā€¦

If your LLC has only one member (and you havenā€™t elected corporate tax treatment), the tax reporting process is simple. ...
28/12/2022

If your LLC has only one member (and you havenā€™t elected corporate tax treatment), the tax reporting process is simple. The LLC itself does not have to prepare and file any tax returns. The owner simply files his or her regular 1040 form and attaches Schedule C, Profit or Loss From a Business, to report his or her share of allocated LLC profits or losses, and Schedule SE, Self-Employment Tax Return, to figure the self-employment (Social Security and Medicare) tax owed....

If your LLC has only one member (and you havenā€™t elected corporate tax treatment), the tax reporting process is simple. The LLC itself does not have to prepare and file any tax returns. The owner sā€¦

To understand the practical implications of choosing pass-through treatment, you should also understand the basics of co...
28/12/2022

To understand the practical implications of choosing pass-through treatment, you should also understand the basics of corporate tax treatment. The IRS taxes corporations, as well as unincorporated businesses that choose corporate tax treatment, in a fundamentally different way. Instead of passing all profits and tax liabilities through to its owners, the corporate business is taxed on the earnings and profit it retains in the business, while the owners are personally taxed onlyā€¦...

To understand the practical implications of choosing pass-through treatment, you should also understand the basics of corporate tax treatment. The IRS taxes corporations, as well as unincorporated ā€¦

Many sole proprietors and partners decide to convert their existing business into an LLC. As discussed throughout this b...
28/12/2022

Many sole proprietors and partners decide to convert their existing business into an LLC. As discussed throughout this book, itā€™s a quick and legal way for business owners to limit their personal liability for business debts and claims. These businesses already exist under a different legal structure, so itā€™s no surprise that their owners fund their LLCs differently from the new LLCs discussed above....

Many sole proprietors and partners decide to convert their existing business into an LLC. As discussed throughout this book, itā€™s a quick and legal way for business owners to limit their personal lā€¦

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