Month: August 2020

Food delivery on bicycle. Panning technique, blued motion Getty Tax Notes senior reporter Paul Jones talks with Richard C. Auxier, senior policy associate at the Urban-Brookings Tax Policy Center, about tax issues raised by the gig economy and how policymakers are working to address them.  Note: This episode was recorded before a California court decision mandating
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TOPLINE New York Attorney General Letitia James sued the Trump Organization—along with the president’s son, Eric Trump—to force the company to comply as she investigates whether the company’s allegedly inflated its assets to secure loans and other deals, and comes as the Republican National Convention kicks off and President Trump makes his case for reelection
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The IRS announced that you can now amend your tax return by filing Form 1040-X electronically. All commercial tax-filing software accommodates this, the IRS notes.  As IRS e-filing has grown during the past 30 years, the 1040-X, Amended U.S. Individual Income Tax Return, has been one of the last major individual tax forms that needed
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U.S. President Donald Trump speaks at the 2020 Council for National Policy Meeting in Arlington, Virginia, on Friday, Aug. 21, 2020. Tasos Katopodis | UPI | Bloomberg | Getty Images President Donald Trump on Sunday will announce the emergency authorization of convalescent plasma for Covid-19, according to the Washington Post and other reports.  The president
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Take a look at some of the biggest movers in the premarket: AstraZeneca (AZN) – The White House is considering fast-tracking the Covid-19 vaccine candidate being developed by AstraZeneca and Oxford University, according to the Financial Times. The paper said one option being considered is having the Food and Drug Administration give the potential vaccine treatment
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As the CEO of a company whose mission is to help people secure retirement, I am obsessed with the unintended consequences of retirement planning and advice that focuses more on assets than income.  It makes sense that the companies that produce this advice and manage the assets, from brokerages like Fidelity and Schwab to robo-advisors
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Oddsmakers’ favorite for the White House Getty Images Accelerate capital gains and bonuses. Defer deductions and buying a Tesla. Here’s what to do by year-end if a big tax law change looks imminent. Per betting markets, it’s a 50-50 tossup whether the Democrats get both the White House and the Senate. If they do, taxes
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The coronavirus pandemic has thrown into sharp focus the role of government in supporting the economy during periods of crises. But it has also highlighted the role big business can play. Look at Singapore. As the Asia-Pacific headquarters for many major corporations, the country has long invested in business stability even as geopolitical tensions flare globally. So when
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When tenants try to negotiate their leases in response to virus-driven shutdowns, and owners try to minimize the damage and stay in business, both parties should keep in mind some strategies and also some potential traps and pitfalls. My previous article discussed some of those. Here are a few more. When tenants try to renegotiate
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