Month: January 2022

E-filing of individual tax returns for the 2022 filing season opens on January 24. The tax deadline is Monday, April 18, 2022. Until recently the opening of individual e-filing began on the Tuesday after the Martin Luther King, Jr. holiday. In 2021 individual e-filing didn’t open until February 12. In 2020 it opened on January
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Seniors, particularly those at the moment of retirement, need more “just-in-time” support for financial decision making to help promote effective action, such as understanding tradeoffs; risks and costs involved in the specific decision; finding a trusted source of information and advice; and avoiding fraud and scams, a new report from the Senate Aging Committee has
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A lone protester stands outside the U.S. Supreme Court as it hears arguments against the Biden administration’s nationwide vaccine-or-testing COVID-19 mandates, in Washington, January 7, 2022. Jonathan Ernst | Reuters The Supreme Court on Thursday blocked the Biden administration from enforcing its sweeping vaccine-or-test requirements for large private companies, but allowed similar requirements to stand for
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A recent Tax Notes International article provides a useful reminder about the nature of global tax competition: The Irish government might soon adopt a participation exemption. That’s a fancy way of saying Ireland might replace its worldwide corporate tax regime with a territorial regime. Many American readers will have the same reaction: “Doesn’t Ireland already have a territorial system?”
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When considering any cryptocurrency investment, billionaire investor Mark Cuban looks for utility in each project. That’s why, to him, “tokens trading are the least important part of crypto,” he tweeted on Tuesday. Instead, Cuban sees smart contracts, or collections of code that power decentralized applications, and how they’re used within projects as the most important
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David Abner, Gemini’s Global Head of Business Development. Source: David Abner Gemini, the $7.1 billion crypto exchange, is getting into wealth management with the acquisition of a digital asset platform for financial advisors, CNBC has learned exclusively. The company has agreed to purchase BITRIA, a five-year-old San Francisco-based start-up whose tools help advisors manage holdings
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Today’s Social Security column addresses questions about how to take spousal benefits while delaying retirement benefits till 70, whether forming an LLC will avoid the effects of the earnings test and when divorced spousal benefits can be available. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
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