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Tag Archives: Business & Finance

Texas Security Board Puts Stop to 5 Crypto Companies

Crypto Texas

The Texas State Securities Board, which is responsible for regulating securities in Texas (obviously), has issued an “Emergency Cease and Desist Order” to five crypto companies it alleges are illegally and fraudulently offering investments to Texas residents.   Alleging “widespread violations of the TX Securities Act” the 19-page document issued …

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Do IRS Budget Cuts Mean Fewer Audits?

Do IRS Budget Cuts Mean Fewer Audits?

The IRS has learned to live lean since 2010, and no one seems to be complaining. At least, no one who makes less than $1 million dollars. Budget slashes, enacted throughout the last five years¹, have reduced the IRS to a shell of its former self, and the powers-that-be must …

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D.C. Braces for Post-Sequester Fallout

D.C., Virginia and Maryland are more frustrated by the sequester budget cuts than Detroit is, rest assured. That’s because these three states combined earn 10 percent of their economy from defense spending annually. This is according to a late February report by Mark Vitner and Michael Brown, both Wells Fargo …

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