Taxes

Economic Security Planning, Inc. Today’s column addresses questions about receiving spousal benefits after receiving retirement benefits, whether it’s possible to reduce a benefit amount to remain under a limit and applying for disability benefits while working and receiving survivor’s benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
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Committee for Greater LA report, “No Going Back,” calls for fighting inequality and racism as … [+] response to pandemic. Committee for Greater LA Six months into the Covid pandemic, many people are asking when we can “return to normal.”  But a remarkable new report “No Going Back:  Together for an Equitable and Inclusive Los Angeles” rejects that
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Uniswap is a popular decentralized cryptocurrency exchange which has gained a lot of popularity in the past few months. On September 16th 2020, it distributed a governance token called, UNI, to reward early adopters of the platform. So far, over 150,000 addresses have claimed UNI tokens.  UNI Tokens Are Taxable As Ordinary Income Per the
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Economic Security Planning, Inc. Today’s column addresses questions about how Social Security spousal benefit rates are calculated, when divorced spousal benefits can be available and widow’s benefits before full retirement age while still working. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which
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While tax, appraisal, and legal considerations are all important for making effective and compliant contributions of Bitcoin (and other cryptocurrencies), the practical question remains – how does a donor move virtual currency from their ownership to a charity they support? getty Many charities do not have the expertise on staff, which is understandable considering that
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Human crowd forming continent Africa on white background. Horizontal composition with copy space. … [+] Clipping path is included. Population and Social Media concept. getty The countdown to October — and the release of the OECD’s long-awaited international tax overhaul — is on. Even if there is political agreement on the OECD’s proposal, it will take some
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Senator Elizabeth Warren, a Democrat from Massachusetts and 2020 presidential candidate, walks on … [+] stage during a campaign event at Iowa State University in Ames, Iowa, U.S., on Monday, Oct. 21, 2019. Warren unveiled an $800 billion plan to fund her progressive proposal for reshaping U.S. public education and disclosed that her signature wealth
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getty While the price of gold rose to new highs during the summer, you probably saw a number of ads recommending investing in gold through an IRA. You’re probably also aware that gold is a “collectible,” and that IRAs aren’t allowed to own collectibles. Both those thoughts are correct. Gold is a collectible, but there
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Economic Security Planning, Inc. Today’s column addresses questions about what happens to benefits lost to the earnings test, filing for spousal benefits before full retirement age, available benefits with multiple exes and survivor benefits and the earnings test. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
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Phil Murphy, governor of New Jersey, in 2019 when he again proposed a millionaire’s tax. The … [+] proposal ultimately succeeded this week. Photographer: Ron Antonelli/Bloomberg © 2019 Bloomberg Finance LP New Jersey has approved a millionaire’s tax, making it the fourth state (including Washington, D.C.) to do so. The agreement reached Thursday between Gov.
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Years ago, when entertainer Jimmy Durante ended an appearance — whether live or on television — he would always sign off with his trademark catchphrase, “Good night, Mrs. Calabash, wherever you are.”  It was a tribute to his first wife who died in 1943, which he would continue until his retirement nearly 30 years later.
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getty Gold is a hot investment again. There are a lot of ways to invest in gold, and there are different tax consequences for each of these methods. Gold investors aren’t going to have equal after-tax returns, and part of the reason is the differing tax treatments of the ways to invest in gold. Consider
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