How much money should go to the tax collector when you die? getty The Internal Revenue Service announced today the official estate and gift tax limits for 2021: The estate and gift tax exemption is $11.7 million per individual, up from $11.58 million in 2020. That means an individual could leave $11.7 million to heirs
Month: October 2020
Rent this home and the entire mountain with Vrbo’s book the mountain listing. Vrbo Vrbo, a vacation rental website, has created the ultimate vacation rental listing: a ski-in/ski-out vacation rental that comes with a private ski mountain for just $100 a night. Beginning Oct. 30 at 1 p.m. Eastern time, entrants will have a chance
A waiter prepares to close a bar-restaurant on Piazza Navona in Rome on October 26, 2020, as the country faces a second wave of infections to the Covid-19 (the novel coronavirus). Tiziana Fabi | AFP | Getty Images The World Health Organization warned Monday that some countries may need to shut down their non-essential businesses
Check out the companies making headlines midday Monday: Dunkin’ Brands — Shares of the restaurant chain spiked more than 15% after the company said it held preliminary talks regarding its potential acquisition by Inspire Brands, although the company said there’s “no certainty that any agreement will be reached.” The New York Times reported that the
SDI Productions | E+ | Getty Images Set aside your panic over post-election tax policy and focus on something you can control: your 2020 tax bill. It’s no secret that Democratic presidential candidate Joe Biden has an extensive list of tax proposals, including higher taxes on households with more than $400,000 in income and lowering
2021 marginal income tax rates Individual Income Tax Rates Single Married Filing Jointly Head of Household 10% 0 to $9 950 0 to $19 12% $9 951 to $40 525 22% $40 526 to $86 375 24% $86 376 to $164 925 32% $164 926 to $209 425 35% $209 426 to $523 600 37%
It’s smart to think ahead and plan for the time in your life when you might need care. getty Pre-retirees face several potential risks during retirement that require their focused attention and planning, such as outliving their money, stock market crashes, inflation, and the high cost of medical bills. Now the COVID pandemic has exposed
The news that Goldman Sachs is paying nearly $3 billion in the 1MDB mess was accompanied by news that the firm will claw back millions from top executives. The massive almost $3 billion settlement with U.S. authorities is over Goldman’s role in the 1MDB debacle, where a $6.5 billion Malaysian investment fund was looted. Most people
Certain elements of any commercial real estate transaction will tend to drive up the legal fees. RANJAN SAMARAKONE Commercial real estate clients regularly complain about legal bills, both because they think the hourly rate is too high and they say the work took too many hours. It’s a compelling demonstration of the incredible power of
Dr. Scott Gottlieb on Monday warned that the United States is “at a tipping point” in its coronavirus pandemic, as the nation recorded all-time high levels of Covid-19 cases in recent days. New coronavirus cases in the U.S. set a one-day record of 83,757 on Friday and reached nearly that amount on Saturday. More than
Check out the companies making headlines before the bell Monday: Dunkin’ Brands (DNKN) — Dunkin’ shares rallied more than 15% in the premarket after the company said it was in talks to be acquired by Inspire Brands, the owner of restaurant chains Arby’s and Jimmy John’s. The New York Times said a deal would take
Does it matter for stocks who wins the White House? Is there anything unusual about the candidates this year that could impact the markets, regardless of who wins? For answers, we turn to Ed Clissold, chief U.S. Strategist for Ned Davis Research, who has studied elections and the impact on markets going back to 1900. This
krisanapong detraphiphat | Moment | Getty Images Health-care coverage and costs are top of mind in this election year, and one of the loudest arguments between Republicans and Democrats is the claim they will protect people with pre-existing medical conditions. What does this really mean and why is it so important for your personal finances?
Former Vice President and presidential nominee Joe Biden gives remarks at UA Plumbers Local 27 Erie Training Center in Erie, PA on October 10, 2020. Demetrius Freeman | The Washington Post | Getty Images A “blue wave” of Democrat victories in elections next month could upend the normal incentives for tax planning this year. Typically,
getty Trusts are an essential part of most estate plans, even the plans of people with moderate wealth. You need to know the basics of trusts, especially the key terms and concepts of the most widely-used types of trusts. Keep in mind that some of these trusts are given different names in some regions or
Getty The drumbeat of headlines have made clear that New York City’s real estate market is weakening. The median asking price for a Manhattan apartment is below $3,000 for the first time since 2011. Landlords are in distress. The vast majority of restaurants can’t make their full rent. But there are nuances within those trends.
Anthony Davis #3 of the Los Angeles Lakers shoots the ball against the Miami Heat during Game Four of the NBA Finals on October 6, 2020 at AdventHealth Arena in Orlando, Florida. Nathaniel S. Butler | National Basketball Association | Getty Images Mark Tatum couldn’t do it. The National Basketball Association’s deputy commissioner was asked
A man walks a dog in the shade away from the midday sun past the New York Stock Exchange (NYSE) building in Manhattan, during hot weather in New York City, New York, U.S., August 11, 2020. Mike Segar | Reuters Futures tied to major U.S. equity benchmarks traded lower in overnight trading Sunday as Wall
Economic Security Planning, Inc. Today’s column addresses questions about early filing and restricted applications, retroactive spousal benefits, choosing which ex’s record to file on and potential effects of foreign pensions on divorced spousal benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which
Victims of California wildfires that began Sept. 4 have until Jan. 15, 2021, to file various individual and business tax returns and make tax payments, the IRS announced. The IRS has offered this relief to any area designated by the Federal Emergency Management Agency (FEMA) as qualifying for individual assistance. Currently this includes Fresno, Los
- « Previous Page
- 1
- …
- 4
- 5
- 6
- 7
- 8
- …
- 31
- Next Page »