Tom Brenner | Reuters A second set of stimulus checks could be in the works for millions of Americans, based on Congress’ ongoing negotiations for more coronavirus relief legislation. But a fight is brewing over the amount that will be written on those checks. Currently, those talks point to new direct payments to Americans of
Month: December 2020
CNBC’s Jim Cramer urged Congress on Tuesday to quickly pass another piece of coronavirus stimulus legislation, saying key parts of the economy need help until Covid-19 vaccines are widely administered. “We are so close to getting this economy back on track, but these places that close, they can’t flip a switch and open again. That’s
Pivotal Advisors founder Tiffany McGhee told CNBC on Tuesday that increasing opportunities for diverse businesses starts by recognizing historic barriers that had been in place, especially in the financial services industry. “If you’re interested in working with a diverse-owned firm, the traditional metrics might not work. We might not have a 50-year track record,” McGhee
Jamie Grill | Blend Images | Getty Images 46,000 plans Though the overall share of firms that made changes is relatively small, it amounts to tens of thousands of 401(k) plans that have reduced the benefit for employees, according to Will Hansen, the group’s executive director. There are about 572,000 401(k) plans in the U.S.,
Robert Johnson, founder of Black Entertainment Television, told CNBC on Thursday that he hopes the Republican party keeps control of the U.S. Senate in order to provide a counterbalance to proposals from Democrats. “I think balanced government, where each party has a chance to put in their best ideas and propose their best solutions is
getty Tony Hsieh was known as an innovative and unconventional leader during his time as an early investor in and longtime leader of online shoe retailer Zappos. He was apparently worth hundreds of millions of dollars at his death. Hsieh might also become well-known for key mistakes he made in his retirement and estate planning.
It’s a good time for a Roth conversion. getty By now, many have heard about Roth IRAs and how Roths allow tax-free growth. Often, we fail to consider the huge opportunity to accumulate wealth by the combination of the lack of RMDs and the long-term compounding opportunities presented by a Roth. Roth IRAs can allow
Providence Mayor Jorge Elorza has stated that the city’s Actuarially Required Contribution to the … [+] pension system each year is “unsustainable” and that he fears the city may need to file for bankruptcy in the future if it doesn’t alter pensions or receive an infusion of cash to stabilize its pension system. Boston Globe
The way to understand how premiums are calculated on a term life insurance policy is to recognize that term life insurance is a collection of renewable one-year term policies. Consider that I buy a one-year term policy as a forty-year-old male. Given the mortality data I am using, the insurance company projects that over the
getty It might have been a hard year, but if you’re lucky enough, you might still find a little year-end bonus in December’s paycheck. Before you get too excited, though, don’t forget the lesson learned from that holiday classic Christmas Vacation. “Don’t spend it before it has been paid,” says Steve Parrish, Co-Director of the
STONINGTON, CONNECTICUT – AUGUST 04: Cynthia Crawford, 86, tries to readjust the life in the small … [+] village of Stonington after leaving the state of Florida due to high coronavirus infection rates. (Photo by Andrew Lichtenstein/Corbis via Getty Images) Corbis via Getty Images The Centers for Disease Control and Prevention (CDC) has put residents
the gift of a pile of books bound by a ribbon and a bow getty It’s almost the new year, which means its time for resolutions! If you have a goal to be more financially savvy in 2021, are just curious about how you can make better money moves or want a useful gift you
getty Taxpayers throughout the country are asking their accountants whether they will be able to deduct expenses that were paid with PPP loans. The IRS has taken the position that any expense paid that facilitates forgiveness of a PPP loan will not be deductible. Hopefully the bipartisan COVID-19 bill will pass because the language thereof
Two railways tracks merge close up. getty For a taxpayer, it must be disappointing when the courts uphold your challenge to a state revenue agency auditor’s application of a regulation that resulted in an assessment for additional tax. Yet substantive challenges — including a taxpayer’s assertion that the auditor included transactions that are not taxable
PALM BAY, FLORIDA, UNITED STATES – 2020/12/08: People line up to receive food at the Share Your … [+] Christmas food distribution event. (Photo by Paul Hennessy/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images One of the major skirmishes in the months-long battle over the fate of a new pandemic relief bill is
MT PLEASANT, WI – JUNE 28: U.S. President Donald Trump (C) breaks ground along with Wisconsin Gov. … [+] Scott Walker (L) and Foxconn CEO Terry Gou (R) at the 2018 groundbreaking for the highly subsidized Foxconn plant in Wisconsin. The project failed to meet job and development goals even with almost $4 billion in
Congressional Progressive Caucus members Rep. Pramila Jayapal, D-Wash., center, accompanied by Rep. … [+] Ilhan Omar, D-Minn., and Rep. Mark Pocan, D-Wis., speaks during a news conference on the targeted killing of Iran’s senior military commander Gen. Qassem Soleimani on Capitol Hill, in Washington, Wednesday, Jan. 8, 2020. (AP Photo/Jose Luis Magana) ASSOCIATED PRESS The
WASHINGTON, DC – DECEMBER 16: House Majority Leader Steny Hoyer (D-MD) walks out of the House … [+] Chamber and talks to reporters at the U.S. Capitol on December 16, 2020 in Washington, DC. House Speaker Nancy Pelosi hosted a meeting as congressional negotiations on spending and economic relief legislation continued. (Photo by Tasos Katopodis/Getty
Economic Security Planning, Inc. Today’s column addresses questions about how income earned after filing can increase benefit rates, working and the earnings test while collecting a widow’s benefit and whether and how benefits can increase at FRA after withholdings due to the earnings test. Larry Kotlikoff is a Professor of Economics at Boston University and
Words TAX COURT composed of wooden letters. Statue Themis and judge’s gavel in the background. getty Lew Taishoff’s nomination for best Tax Court decision of 2020 is Oakbrook Land Holdings 154 TC 10. We need to take Mr. Taishoff’s opinion very seriously. He covers the Tax Court with incredible intensity. He may have a break this holiday season
- « Previous Page
- 1
- …
- 13
- 14
- 15
- 16
- 17
- …
- 30
- Next Page »