Taxes

WASHINGTON, DC – NOVEMBER 15: U.S. President Donald Trump delivers remarks in the Roosevelt Room at … [+] the White House on November 15, 2019 in Washington, D.C. (Photo by Zach Gibson/Getty Images) Getty Images Lots of people want to see President Trump’s tax returns, including members of Congress, New York state prosecutors, and —
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Share to facebook Share to twitter Share to linkedin Yet another business leader speaks out against Warren. Bryan Bedder/Getty Topline: A week after accusing Senator Elizabeth Warren of “tribalism,” former Goldman Sachs CEO Lloyd Blankfein again blasted the Democratic 2020 candidate for her war on billionaires, denouncing politicians like her for moving away from “populism”
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The wealthiest US citizens have vast assets but little income, so income taxes struggle to reach … [+] them. A wealth tax could ensure these very richest Americans pay their fair share along with the rest of us. But would it? Getty As the first primaries for the 2020 presidential election approach, some Democratic candidates,
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With his new album, Jesus Is King, Kanye West has turned more and more religious. He may have been toying with bankruptcy a few years ago, but today, his fashion and music empires seem to be raking in the cash. True, Kanye isn’t on the Forbes billionaires list just yet, but perhaps a name change
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Share to facebook Share to twitter Share to linkedin Former Vice President Joe Biden. Photo by Scott Olson/Getty Images Topline: If elected president, Joe Biden wants to spend $1.3 trillion on an infrastructure package that includes a transportation overhaul and rebuilding the country’s roads, bridges and tunnels while moving to net-zero carbon emissions, and plans
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Economic Security Planning, Inc. Today’s column addresses whether Social Security benefits are recalculated due to continued employment, public pensions and divorced spousal benefits, how divorced spousal benefits are calculated, when spousal benefits are available and foreign pensions. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security
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Each year, the IRS announces changes to retirement plan contributions for 401(k) plans, individual retirement accounts and more. If you’re in the process of saving for retirement, it is essential to know the current contribution limits and take maximum advantage of them, if possible. The most notable changes for the coming year apply to 401(k)
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Economic Security Planning, Inc. Today’s column addresses when someone might be deemed to have filed for spousal benefits after filing for retirement benefits, filing for spousal benefits before retirement benefits, widow’s benefits and the GPO, disability benefits converting to retirement benefits and award letter language. Larry Kotlikoff is a Professor of Economics at Boston University
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Share to facebook Share to twitter Share to linkedin Democrats are trying to get ahold of Donald Trump’s tax returns though several difference legal … [+] channels. Photo by Alex Wong/Getty Images Topline: A federal appeals court on Wednesday rejected a last-ditch effort by President Donald’s Trump’s lawyers to shield his financial records from Congress,
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The IRS wants us to know that it is getting really serious about abuse in the area of the syndication of conservation easements. IR-2019-182 issued on November 12 tells us: “The Internal Revenue Service announced today a significant increase in enforcement actions for syndicated conservation easement transactions, a priority compliance area for the agency. Financial
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