Will Smith never planned on being an actor. He never planned on being broke and in debt to the IRS, either. In this video, Smith breaks down how being bad with money started him down the road to becoming one of the biggest TV and film stars in the world.
The IRS is suing Facebook for $9bn over unpaid taxes, reports Reuters, targeting its licensing of “intellectual property” to its own Irish subsidiary to shift profits to that lower-taxed jurisdiction. Under the arrangement, Facebook’s subsidiaries pay royalties to the U.S.-based parent for access to its trademark, users and platform technologies. From 2010 to 2016, Facebook […]
The IRS removed language from their Web site that listed Fortnite V-Bucks and Roblox Robux as examples of convertible virtual currencies, like Bitcoin. They were included on a page about virtual currencies as they relate to a new question on IRS Form 1040 that asks whether the taxpayer, sold, exchanged, or acquired financial interest in […]
Add Internet of Things to the shortlist of those actually benefiting from the effects of the COVID-19 pandemic. You might not realize it, but the organizing principle that is bringing more automation to the world is actually proving to be a major asset as human beings are forced to stay home and away from the […]
We’ve all had those nights where we’re working on a laptop or scrolling through our phone before glancing at the time to find it’s actually a lot later than we thought. Most nights, you’d be fast asleep or at least dead tired at midnight or 1 or 3 a.m. But after staring at a screen, […]
If you’re a fan of ABC’s entrepreneurial feeding frenzy “Shark Tank,” then you know complete buyout offers from the expert Sharks don’t happen all that often. But back in 2017, that’s exactly what happened when inventor Logan Riley debuted his instantly eye-catching creation the RokBlok to the agog Sharks. Part of the reason that happened […]