by Leif Jensen | Jan 15, 2025 | Retirement |
The average retirement age in the United States has been rising in recent years. While some people are able to retire relatively early, even in their 40s, others work well into their 70s and 80s. Currently, the average retirement age is 65 for men and 63 for women....
by Leif Jensen | Jan 13, 2025 | Rant |
The next world war isn’t going to be a cold one. It’s going to be a shooting war, its going to be a ballistic war over a rapidly shrinking ecosystem. It’s going to be a war for the last of our dwindling energy, drinkable water, breathable air. Kittridge – Mission...
by Leif Jensen | Jan 8, 2025 | Rant |
The phrase “college of corporations not nations” originates from the 1976 film “Network.” In a famous scene, the character Arthur Jensen, played by Ned Beatty, delivers a powerful monologue to Howard Beale, portrayed by Peter Finch. Jensen...
by Leif Jensen | Jan 6, 2025 | Taxes |
IRS has finalized regulations on broker tax reporting rules for digital assets. A 2021 law requires brokers to report the sales price, tax basis and other data on digital asset trades. The rules were scheduled to first take effect for digital assets acquired on or...
by Leif Jensen | Dec 18, 2024 | Taxes |
The potential penalties for mistakes or fraud related to Employee Retention Credit (ERC) claims can be severe. For unintentional errors or negligence, the IRS may impose a 20% penalty on the understated tax amount. If the IRS believes the taxpayer deliberately tried...