• Skip to main content
  • Skip to primary sidebar

  • Home
  • About
  • Contact

Archives for January 2025

Membership Has Its Privileges

January 21, 2025 by Bill Bourbonnais

Who wouldn’t want to join the 21st-century equivalent of those old-school clubs where stuffy men sit around in leather chairs reading the Wall Street Journal while white-jacked waiters keep them stocked with gin-and-tonics? But make no mistake about it, American Express is a business, and a profitable one at that. That means, behind the scenes, they sometimes cut a corner or two, including a little light tax fraud.

Filed Under: taxes Tagged With: IRS, tax, tax strategy, taxpolicy

You Can’t Spell Crypto Without “Cry”

January 15, 2025 by Bill Bourbonnais

On January 3, 2009, an unknown figure calling himself Satoshi Nakamoto “mined” the first Bitcoin and launched a modern-day Gold Rush. Fifteen years later, there’s still no significant use case for cryptocurrency; wild price swings have failed to establish it as any sort of store of value, and a rogues’ gallery of actual rogues has hijacked, rug-pulled, swindled, and scammed millions of hapless “investors” across the globe. Most famously, crypto whiz kid Sam Bankman-Fried is arbitraging cans of tinned mackerel in the same prison where Epstein didn’t kill himself, while he appeals his conviction on federal fraud charges.

Filed Under: taxes Tagged With: blockchain, crypto, cryptocurrency, IRS, tax, tax savings, tax strategy, taxpolicy

Cool Cats

January 10, 2025 by Bill Bourbonnais

Someday, accountants will be cool. I don’t just mean in the “Oh, you’re majoring in accounting, that’s cool” sense. I mean Steve-McQueen-cruising-through-Rome-on-a-Vespa cool. Someday, little kids who dream of growing up to be accountants will collect bubblegum cards with Big Four partners’ pictures on one side and detailed career stats on the back. (Tax dollars saved, by year! Endorses checks: right-handed!) When they get to high school, they’ll be as popular as the quarterback of the football team and the Homecoming Queen. (56.8% of CPAs are women.) Someday, cool college kids will skip fraternities to party with the Accounting Club.

Filed Under: taxes Tagged With: tax, tax reduction, tax savings, tax strategy, taxes, taxpolicy, taxrelief, wealth tax

2025 Tax Forecast

January 7, 2025 by Bill Bourbonnais

2025 promises to be a big year for taxes. Right now, the individual provisions of the Tax Cuts and Jobs Act of 2017 set our current standard deductions and tax brackets. Those rules expire, like Cinderella’s carriage at midnight on December 31. At that point, if Washington hasn’t extended them, taxes go up for as much as 80% of Americans. That’s an unacceptable result for Democrats and Republicans alike. And it promises a bruising effort ahead as Congress weighs continuing the cuts against a $36 trillion national debt.

Filed Under: tax cuts and jobs act, taxes, TCJA Tagged With: IRS, tax, tax reduction, tax savings, tax strategy, taxes, taxpolicy, taxrelief

Primary Sidebar

Search

Archives

  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023

Categories

  • Artificial Intelligence
  • Disaster Relief
  • estate
  • IRS
  • Limited Liability Company
  • One Big Beautiful Bill
  • Payroll
  • Retirement
  • tax cuts and jobs act
  • taxes
  • TCJA
  • Uncategorized

Copyright © 2026 · https://www.bourbonnaistax.com/blog