Today’s high estate and gift tax exemptions could be slashed in a few years. Maximize those and other benefits now. The proposals to substantially increase estate and gift taxes that were widely-discussed in 2021 are off the table for now. But the current lifetime estate and gift tax exemption is scheduled to be cut in
Month: December 2022
by Tax Notes State editor Doug Sheppard The hiring of Sharonne Bonardi as executive director of the Federation of Tax Administrators in January 2022 reflected a pattern from throughout her career: She was the first person of color and second woman to earn the role as the head of the nation’s only association supporting the
During the pandemic, Americans not only hunkered down, they hunkered down with the new pets they’d adopted to share their lonely exile until the virus had been quelled. According to the American Society for the Prevention of Cruelty to Animals, about one in five U.S. households – approximately 2.3 million – adopted a “pandemic pet.”
Farmers sort and package lemons at a workshop on November 24, 2020 in Neijiang, Sichuan Province of China. Huang Zhenghua | Visual China Group | Getty Images Covid cases in China saw a spike following the country’s relaxation of strict Covid rules. Also rising: the prices of traditional Chinese medicine and lemons, as Chinese citizens
Workers in protective gear handle a coffin and coffin case at Dongjiao Funeral Parlor, reportedly designated to handle Covid fatalities, in Beijing, China, on Monday, Dec. 19, 2022. Bloomberg | Bloomberg | Getty Images Hong Kong-listed shares of China’s biggest cemeteries operator and funeral service rose to their highest level in more than a year
Aircraft are deiced at General Mitchell International Airport in Milwaukee Reuters Southwest Airlines canceled more than 60% of its flights on Monday, while flight disruptions stemming from severe winter weather eased at other carriers. Airlines have canceled more than 17,000 U.S. flights since Wednesday, according to FlightAware, as storms brought snow, ice, high winds and
Chandra Sahu, 25, left a job in investment banking during the so-called Great Resignation last year, eager to find work that offered more flexibility. The New York City resident said she looked for work that fulfilled her “top priorities,” allowing her to demonstrate her “agency and creativity,” and landed at a startup. “I wanted to
Among the many iterations of extreme winter sports is uphill skiing. Not exactly new, the so-called sport of skinning has been practiced by hearty ski mountaineers for ages yet is relatively young as an industry. In theory, it’s simple. Get yourself up to the top of a hill under your own steam, then ski back
Preaching a message of financial education and financial freedom, John Hope Bryant is galvanizing America’s top business leaders in the battle for “silver rights,” a term he coined to describe the economic empowerment of minority and low-income communities. “I don’t know about you, but I’m sick and tired of being sick and tired,” Bryant said
Almost half a century ago, Boston’s skyline went from ordinary to extraordinary with the arrival of the then-new Hancock and Prudential skyscrapers. In the decades since, the city has watched as its homegrown companies have led the nation in one advancement after another, bringing transformative innovation to medicine, technology and education. Some felt, however, that
In this article NFLX DIS TMUS Follow your favorite stocksCREATE FREE ACCOUNT CNBC’s Jim Cramer offered investors a list of three communications services stocks that are buys in an otherwise “untouchable” group. The communication services sector, one of 11 in the S&P 500, includes classic telecommunications companies, media and entertainment companies and some large internet
Travelers have a host of pathogens to dodge this winter, including the “tripledemic” of infections caused by Covid-19, flu and RSV (respiratory syncytial virus). But there are steps people can take to reduce their chances of getting sick, say health specialists at Spain’s SHA Wellness Clinic. The key is to develop “a resilient immune system
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Avatar: The Way of Water Courtesy: Disney Co. Disney and James Cameron’s “Avatar: The Way of Water” snared an estimated $56 million during its second weekend in theaters, a 58% drop from its debut. A decline in ticket sales is common for blockbuster titles, with
I would have hoped that, before I lived in Mexico, if someone would have asked me what it would be like to live in Mexico, I would have had the humility, good sense and / or wisdom to say “I don’t know.” But I doubt it. Actually living in a new place sure can change
LONDON — Two of the world’s biggest and most profitable soccer teams are on the market at the same time — and that’s no coincidence, according to analysts. In November, the owners of first Liverpool and then Manchester United confirmed they were open to new investment offers, with the potential for full sales of the
Billionaire Mark Cuban was only 12 years old when he launched his first side hustle, so he knows what it takes to start a business at a young age. And, he says there’s one simple thing you need to consider if you want to do it, too. “The key to starting a business when you’re
In this article AMBA META AMZN COST NVMI Follow your favorite stocksCREATE FREE ACCOUNT Shoppers line up outside a Costco to buy supplies after the Hawaii Department of Health on Wednesday advised residents they should stock up on a 14-day supply of food, water and other necessities for the potential risks of novel coronavirus in
Mt. Fuji and Tokyo skyline, Japan. Jackyenjoyphotography | Moment | Getty Images Americans are poised to travel overseas in a big way in 2023. Households are continuing to unleash two or three years’ worth of pent-up demand as Covid-19 fears wane and the last vestiges of pandemic-era border restrictions have eased. The U.S. dollar also
In the rivalrous world of co-working, companies with me-too business models don’t last long. Increasingly, leading firms plying their trade in the co-working sector are leveraging a hospitality mentality to separate their offerings from those of competitors. Among notable names in this niche: Carr Workplaces, Venture X, Select Office Suites, Worksuites and Premier Workspaces, all
In this photo illustration, PlanB one-step emergency contraceptive is displayed on June 30, 2022 in San Anselmo, California. Justin Sullivan | Getty Images The Food and Drug Administration is changing the informational packaging of the emergency contraceptive pill, Plan B One-Step, to clarify that it is not an abortion pill, the federal agency announced Friday.
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