How Much Money Should I invest in Bitcoin / Crypto Currency Ethereum Litecoin

Aww the age old question… To Be Or Not to Be… 🙂

With over 2,000 different crypto coins available now; the options are endless. But the fact remains these coins are highly speculative and the value could go to zero overnight.  So my advice. Invest what you’d be comfortable with if you lost it all or lit a match to it. Bit coin recently went from around $20,000 to $9,000. That’s a big hit if you had multiple coins. Hopefully you didn’t sell and are holding HODLing or you put on stop losse orders, it automatically sold and the order got filled at the right price.

Like to buy a lottery ticket every week or hit up the casino; change it to buy a lil crypto instead…  I here people more and more people are maxing out their credit cards & taking on home mortgages to invest in crypto. Not a great idea…Although a great many people have made a fortune over night. Some people are doubling their money daily..

Whatever you end up doing just make sure it’s play money, not rent money! And for goodness sake; MAKE SURE THE WIFE KNOWS! 🙂

One more thing… Don’ t forget to pay your taxes and make sure to take a lil of your profit now and then. You’ve earned it!

List of some coins…

  • Bitcoin
  • Ethereum
  • Bitcoin Cash
  • Litecoin
  • Ripple
  • Ethereum Classic
  • Zcash
  • Monero
  • Dash
  • Stellar
  • Qtum
  • Bitcoin Gold
  • OmiseGo
  • NEO
  • Lisk
  • Dogecoin

Rapper 50 Cent Accidentally Makes Millions in Bitcoin On 2014 Animal Ambition Album

Back in 2014 50 Cent took a chance. He accepted payment in bitcoin for his Animal Ambition album. Sources say he pulled in roughly  700 bitcoin in sales back then; a little over $400k – Those bitcoin are probably worth around 8 million now.

He actually said on instgram, he forgot he even had it… “Ima keep it real i forgot i did that sh*t lol,”  Instagram profile.

So the questions is will he sell or HODL! 🙂

EVGA releases 220 volt 2200 Watt Power Supply For Mining Crypto Currency

Looks like EVGA just released a new 220 volt power supply capable of pushing 2200 watts! What’s everyone thing? Use this or go with a server PSU?

80 plus platinum Model 2200 P2

 

 

Blockchain 101 Video – How Does Bitcoin (and other cryptocurrencies) work

Here we will cover Blockchain 101:

  • What is a blockchain?
  • How does it work?
  • What is it used for?
  • What is mining?
  • How is a Bitcoin transferred from me to you?
  • What are fees?
  • What is Ethereum?

Original Bitcoin paper: https://bitcoin.org/bitcoin.pdf

Block explorer: https://blockexplorer.com/

Ethereum white paper: https://goo.gl/XXZddT

 

IRS Tax Tools – Refunds – Amended Return Status – Advocate – Locations

Some helpful tools

Get Transcript
Get a copy of your tax transcript online or by mail.

Where’s My Amended Return?
Track the status of your amended return.

Refunds and Payments

Where’s My Refund?
Check the status of your refund online within 24 hours after we receive your e-filed return or 4 weeks after mailing your paper return.

View Tax Account
Get your payoff amount, the balance for each tax year for which you owe, and up 18 months of your payment history.

Direct Pay
Pay your tax bill directly from your checking or savings account or through the IRS2Go mobile app. Both are safe and secure.

Online Payment Agreement
Find out if you’re eligible to make payment arrangements on the amount of tax you owe if you can’t afford to pay all of it at one time.

Offer in Compromise Pre-Qualifier
Find out if you’re eligible to apply for an Offer in Compromise, a settlement for less than the full amount of tax you owe.

Employer Identification Number (EIN)
Get your EIN online without calling us or mailing or faxing a paper Form SS-4, Application for Employer Identification Number (EIN).

Taxpayer Advocate Service – Your Voice at the IRS

The Taxpayer Advocate Service (TAS) is your voice at the IRS. Our job is to ensure that you’re treated fairly and that you know and understand your rights. We can offer you free help with IRS problems that you can’t resolve on your own.

If you qualify for our help, you’ll be assigned to one advocate who’ll be with you at every turn and do everything possible to resolve your problem. We have offices in every state, the District of Columbia, and Puerto Rico, and our services are always free.

In June 2014, the IRS adopted a Taxpayer Bill of Rights that describes ten fundamental rights that you and every taxpayer have when dealing with the IRS. In December 2015, Congress added the Taxpayer Bill of Rights to the Internal Revenue Code. See IRC § 7803(a)(3). Our online Tax Toolkit at TaxpayerAdvocate.irs.gov can help you understand what these rights are, what the Taxpayer Bill of Rights means for you, and how these rights apply in specific situations with the IRS.

If you need TAS’s help, call your local advocate; see Contact Your Local Taxpayer Advocate or call us toll-free at 877-777-4778.

Face-to-face Tax Help

All Taxpayer Assistance Centers (TACs) now operate by appointment. When calling to schedule an appointment, customer service representatives are available Monday through Friday, 7 a.m. to 7 p.m.

Caution:  Many of our offices are located in Federal Office Buildings. These buildings may not allow visitors to bring in cell phones with camera capabilities.

Before visiting your local office click on “Services Provided” in the chart below to see what services are available. Services are limited and not all services are available at every TAC office and may vary from site to site.

City Street Address Days/Hours of Service Telephone
Bakersfield 4825 Coffee Rd.
Bakersfield, CA 93308
Monday-Friday – 8:30 a.m.- 4:30 p.m.

Services Provided

Office Information
661-328-4399

Make Appointment
844-545-5640

Camarillo 751 Daily Dr.
Camarillo, CA 93010
Monday-Friday – 8:30 a.m. – 4:30 p.m.

Services Provided

Office Information
805-445-4771

Make Appointment
844-545-5640

Chico 1395 Ridgewood Dr.
Chico, CA 95973
Monday-Friday – 8:30 a.m.- 4:30 p.m.
(Closed for lunch 12:30 p.m. – 1:30 p.m.)

Services Provided

Office Information
530-343-2324

Make Appointment
844-545-5640

El Centro 2345 S. Second St.
El Centro, CA 92243
Monday-Friday – 8:30 a.m.- 4:30 p.m.

Services Provided

Office Information
760-592-2085

Make Appointment
844-545-5640

El Monte 9350 East Flair Dr.
El Monte, CA 91731
Monday-Friday – 8:30 a.m.- 4:30 p.m.

Services Provided

Office Information
626-927-1201

Make Appointment
844-545-5640

Fresno 2525 Capitol St
Fresno, CA 93721
Monday-Friday – 8:30 a.m.- 4:30 p.m.

Services Provided

Office Information
559-443-7741

Make Appointment
844-545-5640

Laguna Niguel 24000 Avila Rd.
Laguna Niguel, CA 92677
Monday-Friday 8:30 a.m.- 4:30 p.m. 

Services Provided

Office Information
949-389-4002

Make Appointment
844-545-5640

Long Beach 501 W. Ocean Blvd.
Long Beach, CA 90802
Monday-Friday – 8:30 a.m.- 4:30 p.m.

Services Provided

Office Information
562-491-7751

Make Appointment
844-545-5640

Los Angeles 300 N. Los Angeles St.
Los Angeles, CA 90012
Monday-Friday – 8:30 a.m.- 4:30 p.m.

Services Provided

Office Information
213-576-3009

Make Appointment
844-545-5640

Modesto 1700 Standiford Avenue
Modesto, CA 95350
Monday-Friday – 8:30 a.m.- 4:30 p.m.
(Closed for lunch 12:30 p.m.-1:30 p.m.)

Services Provided

Office Information
209-900-6760

Make Appointment
844-545-5640

Oakland 1301 Clay St.
Oakland, CA 94612
Monday-Friday – 8:30 a.m.- 4:30 p.m.

Services Provided

Office Information
510-907-5000

Make Appointment
844-545-5640

Palm Springs 556 S. Paseo Dorotea
Palm Springs, CA 92264
Monday-Friday – 8:30 a.m.- 4:30 p.m.
(Closed for lunch 1 p.m.-2 p.m.)

**This office opens at 10:00 a.m. on 1/10**

Services Provided

Office Information
760-866-6125

Make Appointment
844-545-5640

Redding 850 Industrial St.
Redding, CA 96002
Monday-Friday – 8:30 a.m.-4:30 p.m.
(Closed for lunch 12:30 p.m. – 1:30 p.m.)

Services Provided

Office Information
530-722-1273

Make Appointment
844-545-5640

Sacramento 4330 Watt Ave.
Sacramento, CA 95821
Monday-Friday – 8:30 a.m.- 4:30 p.m.

Services Provided

Office Information
916-974-5225

Make Appointment
844-545-5640

Salinas 928 East Blanco Rd
Suite 121
Salinas, CA  93901
Monday-Friday – 8:30 a.m.- 4:30 p.m.

Services Provided

Office Information
831-753-6895

Make Appointment
844-545-5640

San Bernardino 290 N. D St.
San Bernardino, CA 92401
Monday-Friday – 8:30 a.m.- 4:30 p.m.

Services Provided

Office Information
909-388-8108

Make Appointment
844-545-5640

San Diego 880 Front St.
San Diego, CA 92101
Monday-Friday – 8:30 a.m.- 4:30 p.m.

Services Provided

Office Information
619-321-5950

Make Appointment
844-545-5640

San Francisco 450 Golden Gate Ave.
San Francisco, CA 94102
Monday-Friday – 8:30 a.m.- 4:30 p.m.

Services Provided

Office Information
415-553-8990

Make Appointment
844-545-5640

San Jose 55 S. Market St.
Suite 100
San Jose, CA 95113
Monday-Friday – 8:30 a.m.- 4:30 p.m.

Services Provided

Office Information
408-283-1569

Make Appointment
844-545-5640

San Marcos 1 Civic Center Dr.
San Marcos, CA 92069
Monday-Friday – 9 a.m.- 4 p.m.

Services Provided

Office Information
760-736-7355

Make Appointment
844-545-5640

Santa Ana 801 Civic Center Drive W.
Santa Ana, CA 92701
Monday-Friday – 8:30 a.m.- 4:30 p.m.

Services Provided

Office Information
657-247-3438

Make Appointment
844-545-5640

Santa Barbara 1332 Anacapa St.
Santa Barbara, CA 93101
Monday-Friday – 8:30 a.m.- 4:30 p.m.
(Closed for lunch 12:30 p.m. – 1:30 p.m.)

Services Provided

Office Information
805-564-7555

Make Appointment
844-545-5640

Santa Maria 2384 Professional Parkway
Santa Maria, CA 93455
Monday-Friday – 8:30 a.m.- 4:30 p.m.
(Closed for lunch 12:30 p.m. – 1-30 p.m.)

Services Provided

Office Information
805-352-0355

Make Appointment
844-545-5640

Santa Rosa 777 Sonoma Ave.
Santa Rosa, CA 95404
Monday-Friday – 8:30 a.m.- 4:30 p.m.

Services Provided

Office Information
707-535-3859

Make Appointment
844-545-5640

Stockton 4643 Quail Lakes Dr.
Stockton, CA 95207
Monday-Friday – 8:30 a.m.- 4:30 p.m.

Services Provided

Office Information
209-476-7501

Make Appointment
844-545-5640

Van Nuys 6230 Van Nuys Blvd.
Van Nuys, CA 91401
Monday-Friday – 8:30 a.m.- 4:30 p.m.

Services Provided

Office Information
818-779-3625

Make Appointment
844-545-5640

Visalia 5300 W. Tulare St.
Visalia, CA 93277
Monday-Friday – 8:30 a.m.- 4:30 p.m.
(Closed for lunch 12:30 p.m. – 1:30 p.m.)

Services Provided

Office Information
559-635-6001

Make Appointment
844-545-5640

Walnut Creek 185 Lennon Lane
Walnut Creek, CA 94598
Monday-Friday – 8:30 a.m.- 4:30 p.m.
(Closed for lunch 12:30 – 1:30 p.m.)

Services Provided

Office Information
925-974-3898

Make Appointment
844-545-5640

For information on where to file your tax return please see Where to File Addresses.

The Taxpayer Advocate Service:  Within California call:

City Phone
 Oakland  510-637-2703
 San Jose  408-283-1500
 Los Angeles  213-576-3140
 Laguna Niguel  949-389-4804
 Sacramento  916-974-5007

Call 877-777-4778 elsewhere or see  Publication 1546, The Taxpayer Advocate Service of the IRS. For further information, see  Tax Topic 104.

How To Get A Live Person / Agent At The IRS

How hard is to to get a live person at the IRS? Seems agents are constantly busy and customer service isn’t something they care about. Sometimes I call and I can’t even get on the phone system it’s so busy. Other times wait times are 5 hours.

How to get a live person with IRS

Here’s a cheat sheet or hack on how to get a live agent with the IRS. Hopefully it works for you and I’d love to hear new ways to get thru.

With some prompts you might have to listen to some of the voice mail system before it will let you hit the next number.

Call 1-800-829-1040

Dial 1 for English
Dial 2
Dial 1
Dial 3
Here you have 2 options
Either enter your social security number and then don’t answer any more prompts or
Press the key for what you need example 1 for personal income tax’s. Then don’t answer any more prompts.

My usual wait time is 3o minutes or less.

10 Overlooked Tax Deductions

Tax Season is upon us, and if you’re like most Americans, you’re dreading the possibility of owing the Government money. But did you know there’s something else to think about?

Tax Deductions

Are you sure you’re claiming all the tax deductions you deserve?

Below is an abridged version of TurboTax’s list of their 10 most overlooked tax deductions. For full details on each deduction, read: The 10 Most Overlooked Tax Deductions

State Sales Taxes
This write-off makes sense primarily for those who live in states that do not impose an income tax. You must choose between deducting state and local income taxes, or state and local sales taxes…The IRS even has a calculator on its Web site to help you figure out the deduction, which varies by your state and income level.

Reinvested Dividends
This isn’t really a deduction, but it is a subtraction that can save you a lot of money…Forgetting to include the reinvested dividends in your cost basis—which you subtract from the proceeds of sale to determine your gain—means overpaying your taxes.

Out-of-Pocket Charitable Contributions
…you can write off out-of-pocket costs you incur while doing good deeds. Ingredients for casseroles you regularly prepare for a nonprofit organization’s soup kitchen, for example, or the cost of stamps you buy for your school’s fundraiser count as a charitable contribution.

Student Loan Interest Paid by Mom and Dad
In the past, if parents paid back a student loan incurred by their children, no one got a tax break. To get a deduction, the law said that you had to be both liable for the debt and actually pay it yourself. But now there’s an exception. If Mom and Dad pay back the loan, the IRS treats it as though they gave the money to their child, who then paid the debt.

Moving Expense To Take First Job
…Job-hunting expenses incurred while looking for your first job are not deductible, but moving expenses to get to that first job are. And you get this write-off even if you don’t itemize.

Child Care Credit
A credit is so much better than a deduction—it reduces your tax bill dollar for dollar…it’s easy to overlook the child care credit if you pay your child care bills through a reimbursement account at work…up to $6,000 can qualify for the credit, but the old $5,000 limit still applies to reimbursement accounts.

Earned Income Tax Credit (EITC)
Millions of lower-income people miss out on this every year…The EITC is a refundable tax credit – not a deduction – ranging from $457 to $5,666. The credit is designed to supplement wages for low-to-moderate income workers…The exact refund you receive depends on your income, marital status and family size.

State Tax You Paid Last Spring
Did you owe taxes when you filed your 2009 state tax return in the spring of 2010? Then remember to include that amount with your state tax itemized deduction on your 2010 return, along with state income taxes withheld from your paychecks or paid via quarterly estimated payments.

Refinancing Points
When you buy a house, you get to deduct points paid to obtain your mortgage all at one time. When you refinance a mortgage, however, you have to deduct the points over the life of the loan. That means you can deduct 1/30th of the points a year if it’s a 30-year mortgage…in the year you pay off the loan—because you sell the house or refinance again—you get to deduct all the points not yet deducted, unless you refinance with the same lender.

Jury Pay Paid To Employer
Some employers continue to pay employees’ full salary while they are doing their civic duty, but ask that they turn over their jury fees to the company coffers…If you give the money to your employer you have a right to deduct the amount so you aren’t taxed on money that simply passes through your hands.