Month: November 2021

In the second of a two-episode series, professor Richard D. Pomp of the University of Connecticut School of Law discusses his views on the federal lawsuit challenging Maryland’s digital advertising tax. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today
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Wellness design and federal legislation rarely intersect, but the just-signed bipartisan infrastructure deal – officially named Infrastructure Investment and Jobs Act – has several  components that will benefit Americans’ well-being where they live. While most of the funds will go toward public infrastructure, such as airports, bridges, roads, tunnels and ports, providing residential access to
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In this article BNTX Visitors at the Christmas market in Dortmund, western Germany on November 22, 2021. Some of Germany’s federal states have canceled their Christmas markets due to the Covid crisis. Ina Fassbender | AFP | Getty Images Germany’s health minister has issued a stark warning to the country’s public, telling citizens that vaccination
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Jeff Zients, White House Covid-19 coordinator, speaks during a news conference at the White House on April 13, 2021. Leigh Vogel | Bloomberg | Getty Images The Biden administration has no plans to curb future Covid-19 surges using a nationwide lockdown, White House coronavirus response coordinator Jeff Zients said at a briefing Monday. Zients’ comments
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Traders work on the floor of the New York Stock Exchange (NYSE) on October 15, 2021 in New York City. Spencer Platt | Getty Images U.S. stock futures were steady in overnight trading on Monday after a tech-focused sell-off spurred by rising bond yields that saw the Nasdaq Composite drop more than 1%. Dow futures
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katleho Seisa Despite the biggest cost-of-living adjustment in decades, Social Security beneficiaries may still find it challenging to make their monthly checks stretch farther next year. The reasons: Inflation is continuing to drive up consumer prices, while standard Medicare Part B premiums will rise by 14.5% in 2022 in a bigger-than-expected jump. The Consumer Price
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Roth IRA Contribution Ranges Like a traditional tax-deductible IRA, the maximum Roth IRA contribution for 2022 is $6,000, and the catch-up contribution for those 50 and older is $1,000, for a total maximum contribution of $7,000 for those age 50 or older. Keep in mind that these maximums assume you have earned income at or
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Tuesday November 30, 2021, is “Giving Tuesday.” Both last year and this year taxpayers who typically take the standard deduction can deduct cash contributions made to qualifying charities. For 2020 taxpayers were allowed to make an up to $300 adjustment per tax return for cash charitable contributions. For 2021 the amount has been increased to
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