Taxes

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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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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Banners against renters eviction reading no job, no rent is displayed on a controlled rent building … [+] in Washington, DC on August 9, 2020. – With double digit unemployment, disruption to businesses from social distancing rules, and persistent coronavirus spread, many Americans had been relying on relief measures approved earlier by Congress, but which
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Taxes and staking are two topics that have a murky history together due to lack of staking specific guidance issued by the IRS. How staking should be taxed is already a controversial issue (How Staking Tezos May Generate ‘Rental’ Income). When staking income should be taxed is an even more pressing issue because it affects
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Last puzzle piece. getty In this episode of Willis Weighs In, Benjamin M. Willis, Tax Notes Federal contributing editor, discusses carried interests with partnership tax expert Monte A. Jackel. Monte and Ben speculate on what the new regulations are expected to look like and provide their opinions on potential IRS overreaches likely to be overturned if potentially tenuous arguments
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Economic Security Planning, Inc. Today’s column addresses questions about possibly filing early to Avoid potential future rate cuts, determining which income years SSA is using to calculate your benefits and potential effects of part time work while receiving disability benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
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The United States Capitol Building, Washington DC. You can see the capital dome. Building reflecting … [+] on the water fountain in front of the capital. getty n 1969 a 38-year-old lawyer in the Treasury Office of Tax Legislative Counsel contemplated the social ferment gripping the United States. Surging opposition to the war in Vietnam, combined with
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getty Back-to-school may look different in 2020, but that doesn’t mean that parents and teachers won’t be shopping. According to the National Retail Federation, consumers could spend a record amount in 2020 to prepare students for school and college as they buy more laptops and computer accessories for online shopping.  “By any measure, this is an
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Economic Security Planning, Inc. Today’s column addresses questions about whether to continue delaying retirement benefit till 70 or take them early due to the covid pandemic, how much the earnings test would reduce retirement benefits and requirements for spousal benefit eligibility. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and
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The seal of the Internal Revenue Service (IRS) hangs on a podium during an IRS Criminal … [+] Investigation 100th year anniversary event at the agency’s headquarters in Washington, D.C., U.S., on Monday, July 1, 2019. On July 1, 1919, the IRS commissioner crated the Intelligence Unit to investigate widespread allegations of tax fraud. Photographer:
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