Month: June 2021

Earlier this week, the media reported that life expectancy in the U.S. had declined by nearly two years between 2018 and 2020, primarily due to the pandemic. The news was more disturbing for people of color: For African Americans, life expectancy declined by 3.3 years and by 3.9 years for Hispanic Americans. Does this mean
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Profitable traders are keen on maximizing retirement plan contributions in trading activities and also in their full-time jobs. Traders are pros at investing, and they understand the power of tax-free compounding while saving for retirement. However, wages are required to make contributions to a retirement plan. Active traders eligible for trader tax status (TTS) can use an S-Corp
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Horse ranches, expansive estates, premier vineyards, and boutique wineries define California’s Santa Ynez Valley. Located over the San Marcos Pass about 26 miles from downtown Santa Barbara, the rolling hillside landscapes of the region are dotted with vineyards, olive trees, Scrub oak, and early California-style architecture under impossibly blue skies. A population of around 23,000
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Thanks to the Tax Cuts and Jobs Act enacted in 2017, use of donor-advised funds (DAFs) is soaring. They remain one of the best ways for many people to maximize the tax benefits of charitable giving. Contributions to DAFS increased by 80% from 2015 to 2019, according to the National Philanthropic Trust (NPT). Grantmaking from
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Los Angeles home prices aren’t the only thing hitting new heights these days. Even condominiums—long an afterthought of L.A.’s housing market—are now seeing prices soar upwards, matching the recent appetite for single-family homes. On the heels of Matthew Perry’s sale at the Century Tower, the Presidential Penthouse at The Wilshire, one of the most exclusive
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