Month: January 2021

The IRS has released updated instructions on how to answer the infamous virtual currency question – “At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in virtual currency?” -  on 2020 Form 1040. The updated version as of December 31, 2020, clarifies what’s covered under the term,
0 Comments
Billionaire investor Carl Icahn warned of the possibility of a significant decline for stocks at some point, telling CNBC’s Scott Wapner that “wild rallies” in the market always meet a dramatic end. Wapner reported Icahn’s warning on “Halftime Report” during a turbulent day for the stock market. “In my day I’ve seen a lot of
0 Comments
Economic Security Planning, Inc. Today’s column addresses questions about widow’s benefits when a spouse dies before full retirement age, whether continuing income will increase benefits, having worked in the US and a foreign country and the possibility of taking spousal benefits before retirement benefits. Larry Kotlikoff is a Professor of Economics at Boston University and
0 Comments