Month: August 2020

Nima Ghamsari, co-founder and chief executive officer of Blend, speaks during the Sooner Than You Think conference in Brooklyn, New York, Oct. 16, 2018. Alex Flynn | Bloomberg | Getty Images Digital lending start-up Blend raised $75 million in fresh funding amid surging demand for streamlined mortgage applications during the coronavirus pandemic. The move values the
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Larry Kudlow, director of the U.S. National Economic Council, speaks during a press briefing at the White House on July 2. Michael Reynolds/EPA/Bloomberg via Getty Images Won’t be ‘quick’ The exact timing of the new benefit is impossible to nail down, given some confusion around aspects of Trump’s order. States will also likely vary in
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Now that the presumptive Democratic presidential ticket will be former Vice President Joe Biden and California Senator Kamala Harris, many will remember the two squaring off in the primary run-up on such issues as healthcare, taxes, and criminal justice reform. What tax policy ideas did Harris propose along the campaign trail, and how do they
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getty Wealth is hard to measure. It’s easy to just count the numbers, but it’s more than that. It’s the people around you. It’s the places you’ve been. It’s the experiences you’ve had. All those things that wealth is? They aren’t numbers you can count. They are, however, a lot easier to access when the
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A new report from the IRS Small Business/Self Employed Division reveals that in Fiscal Year 2019 the division devoted attention to the agency-wide issue of non-filers and fraud. The report, a 28-page overview billed as annual from now on, focuses on program highlights, priorities and accomplishments of the SB/SE organization and its employees. SB/SE services
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Key Findings The fiscal responses to the COVID-19 pandemic will require policymakers to consider what revenue resources should be used to fill budget gaps. Tax policy experts have proposed wealth taxes, (global) corporate minimum taxes, excess profits taxes, and digital taxes as opportunities for governments to raise new revenues. Instead of designing novel taxes, however,
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By Randy Rieland, Next Avenue Contributor getty Not everyone who cares for a family member or friend with dementia or a chronic medical condition joins a support group. In fact, most don’t. But people who do, often have made deep connections with those with whom they’ve shared the confusion, frustration and even the anger they
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Angel Gurria, General Secretary of the Organisation for Economic Co-operation and Development … [+] (OECD), gestures as he presents the OECD Economic Outlook at the OECD headquarters in Paris on May 21, 2019. – Global trade tensions and political uncertainty are weighing on the world’s economy, the OECD warned on May 21, 2019, cutting its
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While the concept of virtual firms and remote teams has been around for a number of years, many accounting firms have struggled to make the change in their business model for a number of reasons. Over the last few months, a number of accounting firms have had to make the transition to working virtually and
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Creating and maintaining a positive company culture is vital in the race to attract and retain valuable talent and employees. With US unemployment at an all-time high and working practices changing, the company culture of many businesses is evolving. In the current environment, company culture has never been so important. A survey conducted Nulab, found
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Key Findings The Low-Income Housing Tax Credit (LIHTC) offers developers nonrefundable and transferable tax credits to subsidize the construction and rehabilitation of housing developments that have strict income limits for eligible tenants and their cost of housing. The LIHTC has subsidized over 3 million housing units since it was established in 1986, the largest source
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Economic Security Planning, Inc. Today’s column addresses questions about withdrawing an application after revising filing plans, potential effects of the Windfall Elimination Provision (WEP) and the Government Pensions Offset (GPO) and divergent SSA benefit estimates. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc,
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