Get Forbes’ top articles on pressing issues that matter to your financial well-being—personal finance, investing, taxes and retirement—delivered to your inbox every week. Target was closed on Thanksgiving and is making Black Friday look different this year. Getty Images Prospects for a peaceful presidential transition seem to have pleased the market gods with both bitcoin and
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The International Integrated Reporting Council and the Sustainability Accounting Standards Board said Wednesday they intend to merge into a single organization to be called the Value Reporting Foundation by the middle of 2021. The unified group will give investors and corporations a comprehensive corporate reporting framework across the enterprise with standards aimed at improving global
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Demonstrators display signs calling for an end to evictions and foreclosures during a rally at Boston Housing Court outside the Edward W. Brooke Courthouse on Oct. 29, 2020. David L. Ryan/The Boston Globe via Getty Images Expiring state eviction bans have led to hundreds of thousands of additional coronavirus cases, new research finds, raising alarm
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getty How much do we need? A very common question we receive from aspiring retirees as they are deciding when to stop working and start the next chapter of their lives. As you can imagine, that number can be very different from person to person depending on a variety of factors. First, your plan needs
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KANSAS The Kansas Society of CPAs Educational Foundation announced the 2020 KSCPA scholarship recipients: Clayton Burrows, from the University of Kansas, won the $3,000 Byron Bird Graduate Scholarship; Myriah Webster, McPherson College, received the $2,500 John J. Killian Scholarship; and Mary LaBelle, Kansas State University, won the $2,500 Mary Ellen Kirkpatrick Leadership Scholarship. Every year,
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The United States Supreme COurt Building getty The U.S. Supreme Court has clipped the commerce clause’s nexus wings, and much ink has been spilled on whether the due process clause will enjoy a resurgence in cases on a nonresident’s tax liability. Court due process precedent abounds, cases with which state tax professionals are quite familiar. However, there
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Economic Security Planning, Inc. Today’s column addresses questions about whether filing for retirement benefits will mean an end to spousal benefits, whether filing for divorced spousal benefits at 62 would affect retirement benefits and what happens to the money a person paid into Social Security when they die. Larry Kotlikoff is a Professor of Economics
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Woodard Events announced that its signature Scaling New Heights conference will be held in Fort Worth, Texas, in 2021, on June 20-23. The theme of the 2021 event — whose 2020 edition wrapped up earlier this month in Orlando, Florida — will be “Unstoppable.” “Though the challenges facing accountants may seem daunting, they are not
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Patent box regimes (also referred to as intellectual property, or IP, regimes) provide lower effective tax rates on income derived from IP. Most commonly, eligible types of IP are patents and software copyrights. Depending on the patent box regime, income derived from IP can include royalties, licensing fees, gains on the sale of IP, sales
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Topline After a three-month delay sparked by antitrust concerns, TurboTax-developer Intuit has received approval from the Department of Justice to move forward with its $7.1 billion takeover offer for fintech giant Credit Karma after they agreed to divest Credit Karma’s tax business to Square. TurboTax products sit on display at Costco. getty Key Facts The
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U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell are seated to testify before a House Financial Services Committee hearing on oversight of the Treasury Department’s and Federal Reserve’s coronavirus disease (COVID-19) pandemic response on Capitol Hill in Washington, U.S., September 22, 2020. Joshua Roberts | Reuters The Federal Reserve could provide clues
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