Month: October 2022

Today’s Social Security column addresses questions about earning delayed retirement credits (DRCs) while receiving child-in-care spousal benefits, the possibility and advisability of taking spousal benefits before retirement benefits and withdrawing a spousal benefit application. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc. See
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What’s trending in residential kitchens? Six hundred respondents to an online survey – including designers, dealers, manufacturers, remodelers and architects – answered that question in the leading industry group’s just-released 2023 Design Trends study. The National Kitchen & Bath Association’s annual report provides insights to what homeowners are requesting and what professionals are delivering heading
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Kikoncos | Getty Images It’s Sunday morning, and my kids are checking player reports to evaluate their fantasy football lineups. They chatter about wins and losses from the previous week and rumors about a reserve player that looks ripe for a break-out. During the NFL games, they check their phones for player stats to determine
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In this article GM Follow your favorite stocksCREATE FREE ACCOUNT DETROIT – General Motors easily beat Wall Street’s earnings expectations during the third quarter, while signaling caution and confirming its full-year results are likely to come in near the “mid-point” of its previously announced forecast. The Detroit automaker on Tuesday stressed that demand for its
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In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella gestures during a session at the World Economic Forum annual meeting in Davos on May 24, 2022. Fabrice Coffrini | AFP | Getty Images Microsoft will report fiscal first-quarter results after market close on Tuesday. Here’s what analysts are expecting: Earnings:
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In this article GE MMM XRX JBLU GM KO Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Coca-Cola (KO) – Coca-Cola shares rose 2.9% in the premarket after the beverage giant’ third-quarter earnings and sales beat Street forecasts. The company also raised its full-year outlook as demand remains
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Terry Vine | Getty Images There are few bright spots for investors in a down market. But tax-loss harvesting, which allows you to offset profits with losses, may offer a silver lining. Before attempting, however, you need to know your complete tax situation, experts say. Here’s why: There’s a lesser-known 0% long-term capital gains tax
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The Biden administration announced Tuesday it is making permanent changes to its public service loan forgiveness plan to make it easier for borrowers to have their loans forgiven. “Our team has worked to turn public service loan forgiveness from a promise broken into a promise kept,” U.S. Secretary of Education Miguel Cardona said during a
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Legal claims about employment are one of the most common kinds of legal disputes. Just about every employment suit or settlement raises tax issues for employer and employee, and there are some common misconceptions. Most plaintiffs use contingent fee lawyers, and many assume that they are only responsible for the net money they collect after
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The much criticized syndicated conservation easement (SCE) industry is chalking up a victory this month, but there are probably other ways to look at it. Judge Cary Douglas Pugh of the United States Tax Court has allowed $7,834,091 of a $10,427,435 charitable deduction claimed by Champions Retreat Golf Founders LLC on its 2010 tax return.
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There’s nothing like a classic pre-war New York City townhouse, especially in the charming neighborhood of Sutton Place. These properties aren’t easy to come by, particularly for renters. Another challenge of these spaces is making them your own. No one knows this better than artist Elizabeth Sutton. The native New Yorker recently moved to a
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Kanye West attends the Givenchy Womenswear Spring/Summer 2023 show as part of Paris Fashion Week on October 02, 2022 in Paris, France. Stephane Cardinale – Corbis | Corbis Entertainment | Getty Images Major Hollywood talent agency CAA on Monday dropped Ye, also known as Kanye West, as the rapper and business mogul faces intensifying criticism
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Sopa Images | Lightrocket | Getty Images Check out the companies making headlines after the bell:  Discover Financial — Shares fell about 1.8% after Discover Financial posted weaker-than-expected earnings for the recent quarter and noted that it expects operating expenses to rise more than previously anticipated for the full year. Cadence Design Systems – Shares
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BartekSzewczyk | Getty If you’ve already maxed out 401(k) plan contributions for 2022 and you’re eager to save more for retirement, some plans have an under-the-radar option, experts say. For 2022, you can defer $20,500 into a 401(k), plus an extra $6,500 for investors 50 and older. But the total plan limit is $61,000 per
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