Today’s column addresses questions about whether investment withdrawals can make Social Security benefits subject to income taxes, potential options for filing when you have more than one ex and suspending a retirement benefit after it converted from a disability benefit. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
Month: August 2021
What better vantage point to take in the awe-inspiring Bernese Alps than from a genuine Swiss chalet? Or two. These side-by-side chalets in the village of Schönried overlook the Saanen Valley in southwestern Switzerland. Luxury homebuyers in southern Switzerland pay a premium for views of the Alps. These side-by-side … [+] chalets in the village of Schönried
The first batch of Sephora shops within Kohl’s stores debuted on Friday. Both brands are hoping to woo new customers with the partnership, which was announced nine months ago. On Friday, four Kohl’s unveiled the new Sephora-branded beauty departments. Another 73 will roll out on Aug. 20. Ultimately, the goal is to have 400 locations
The work-from-home boom has given several virtual reality (VR) companies incentive to experiment with new ways of trading. While platforms are rapidly evolving and firms are putting themselves in a position to sell the new technology, it’s not a big business yet — but many believe it will be soon. Glimpse Group is an umbrella
Social media is full of posts from people embarking on the “Great Resignation,” or the mass of workers quitting their jobs as the economy rebounds. Nearly 4 million people quit their job in April, according to the Labor Department, followed by another 3.6 million in May. “A lot of people quit a job with the
Sen. Kyrsten Sinema, D-Ariz., second from right, speaks at a news conference in Washington, D.C., on July 28, 2021. Stefani Reynolds | Bloomberg | Getty Images As the Senate races for its summer recess, Democrats hope to pass two priorities: a $1 trillion bipartisan infrastructure plan and a budget resolution allowing them to skirt Republican
Karin Slaughter’s recently released latest novel False Witness focuses on a lawyer in a prestigious Atlanta firm gearing up for a criminal trial. Coincidentally we have this week the outcome of her own legal drama, which likely only excites the tax blogosphere. Her appeal to the Eleventh Circuit of a 2019 Tax Court decision confirming that
It’s not every day that a prime piece of Beverly Hills becomes available, making this $33-million estate something of a rarity in today’s market. Spread across two side-by-side lots in the Flats section, the two-house compound with a tennis court is about as choice as it gets, according to listing agent Jonathan Nash with Beverly
Frontier Airlines planes. Robert Alexander | Getty Images Frontier Airlines on Friday said it will require employees to get vaccinated against Covid-19 or regularly provide proof of negative tests. The announcement from the low-cost carrier came hours after United Airlines said all of its 67,000 U.S. employees must show proof of vaccination no later than
Jeff Lawson, co-founder and chief executive officer of Twilio Inc., center, rings the opening bell on the floor of the New York Stock Exchange in New York, Sept.17, 2018. Michael Nagle | Bloomberg | Getty Images Given the uncertain financial landscape, investors want to know how they can pinpoint stocks that are poised to deliver
More than 11 million Americans continue to report being behind on their rent. How much renters owe varies greatly from one state and county to the next, according to data provided to CNBC by Surgo Ventures, a nonprofit organization focusing on health and data. Across the country, the average renter in arrears owes $3,700. The
Employers, accountants and financial advisors recently received new guidance from the IRS on the extremely important and somewhat complicated Employee Retention Credit (”ERC”) which was passed as part of the Cares Act in February of 2020, and became available retroactively and going forward in 2021 to PPP Borrowers. Brandon Ketron, JD, CPA and I presented
While there will hopefully be many lessons learned from this pandemic—how to make a sourdough starter, how to keep houseplants alive, how to practice gratitude—none is perhaps more important than how to take care of one’s mental and physical health. Maintaining mental and physical wellness can be done in a variety of ways—anything from meditation
In this article ABMD BYND BDX BKNG AAPL NSC A sign details entry restrictions at a JLL office in the Aon Center in Chicago, Illinois, U.S., on Thursday, June 24, 2020. Christopher Dilts | Bloomberg | Getty Images When earnings season kicked off in earnest in mid-July, few companies fielded questions about or mentioned the
In this article DBX SPCE BYND TRIP Virgin Galactic’s passenger rocket plane VSS Unity, carrying billionaire entrepreneur Richard Branson and his crew, lands after reaching the edge of space above Spaceport America near Truth or Consequences, New Mexico, U.S., July 11, 2021. Joe Skipper | Reuters Check out the companies making headlines in after-hours trading.
Those who hire a lawn-care company will reap time and energy savings for a relatively small monthly cost. davidf | E+ | Getty Images During our working years, saving for the future is critical to one day achieving financial independence. At the same time, we are working to meet other financial goals, such as paying
In Marin County CA, where we have life expectancies greater than for most people in the US, even here, one stands out. She’s the county’s oldest resident, Pauline Angleman, 112 years old. She has been studied, celebrated, interviewed, honored by President and Michelle Obama and she continues to amaze doctors. One of them studying her,
Several U.S. Senators have been negotiating over the amendment language in a cryptocurrency tax reporting provision of the Infrastructure Investment and Jobs Act, which is one of many offsets designed to pay for the costs of the bill. These lawmakers are facing tremendous time pressure from the White House as well as the Senate Majority
Born in 1880, Anderson Hunt Brown used his natural business genius to become one of the nation’s first Black property moguls—and he used his wealth to effect serious advances for civil rights. For Anderson Hunt (A.H.) Brown, frustration was a powerful factor that inspired much of his success. The frustration and pain of losing three
In this article CVNA If you’re waiting for used car prices to drop, and reading recent indications as a sign the pricing decline already has begun, one of the biggest sellers of used cars in the U.S. says you should not get too excited. The rise in used car prices will likely not slow down until
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