Month: January 2023

In this article LUV AAL Follow your favorite stocksCREATE FREE ACCOUNT Delayed flights prepare to depart from Dallas-Fort Worth International Airport (DFW) on January 11, 2023 in Dallas, Texas. John Moore | Getty Images More than 1,000 U.S. flights were canceled Tuesday as winter weather hit Texas. Over 700 flights to and from American Airlines‘
0 Comments
Readers are already asking questions about how SECURE 2.0, the new act that was signed into law at the end of 2022, affects RMDs (required minimum distributions) from IRA and other tax-deferred accounts. The Changing Landscape In 2022, under the SECURE Act (now referred to as SECURE 1.0), the RMD age was 72. SECURE 2.0,
0 Comments
The idea of a wealth tax as a panacea for budgetary shortfalls at the federal and state levels has been around since at least the 1930s. Recently, using wealth as a source of tax revenues has heated up. Starting with the 2020 Presidential campaign, Senator Bernie Sanders, Senator Elizabeth Warren and others floated the idea
0 Comments
In this article UNH NXPI WHR Follow your favorite stocksCREATE FREE ACCOUNT An employee stands next to a Whirlpool washing machine inside a home appliances showroom in New Delhi. Anindito Mukherjee | Reuters Check out the companies making headlines after the bell:  NXP Semiconductors — Shares of NXP Semiconductors dropped 3% in extended trading after
0 Comments
Speaker of the House Kevin McCarthy, R-Calif., conducts a news conference in the U.S. Capitol’s Statuary Hall on Thursday, January 12, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images Social Security and Medicare should be “completely off the table” when it comes to debt ceiling negotiations, House Speaker Kevin McCarthy said in a
0 Comments
Every day, Social Security sends claw-back bills, many massive, to beneficiaries whom it mistakenly overpaid for years/decades. Social Security’s mistake is your mistake. Don’t take a penny before checking what they are going to send you is correct. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
0 Comments
U.S. President Joe Biden delivers remarks on the coronavirus disease (COVID-19) before receiving a second COVID-19 booster vaccination in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., March 30, 2022. Kevin Lamarque | Reuters The Biden administration plans to end the Covid public health emergency this spring, which
0 Comments
As the international tax community seeks revenue estimates from the OECD’s two-pillar tax reform project, some finance ministries are playing their cards close to the vest. In the United States, Republican lawmakers have repeatedly sought pillar 1 revenue information from the Treasury Department, only to be rebuffed each time. Why is Treasury reluctant to share
0 Comments
The Montecito mansion where Prince Harry and Meghan Markle filmed much of their Netflix documentary Harry & Meghan is on the market at $33.5 million. Fit for royalty, the Mediterranean-style, six-bedroom home with 13,599 square feet includes ocean and mountain views, multiple terraces and a regal great room chandelier and arched windows – where Meghan
0 Comments
In this article TAP DKNG Follow your favorite stocksCREATE FREE ACCOUNT Zoom In IconArrows pointing outwards Molson Coors and Draft Kings Molson Coors is teaming up with online sports betting company DraftKings in a marketing campaign that allows viewers to place wagers on the beer company’s upcoming Super Bowl commercial, the companies said Monday. The
0 Comments