Month: November 2023

Imagine waking up one morning and discovering that your financial circumstances have taken an extraordinary turn: you just received a huge financial windfall. Maybe you won the lottery, or a stock market investment paid off, or you got a job offer that triples your current salary. As a MIT neuroscientist, I’ve always been fascinated by
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WeWork, the company that rents out office space for work-sharing, has filed for bankruptcy. Once hailed as the future of office development, WeWork’s collapse shows how working from home is changing commercial real estate (CRE), and compounding the sector’s economic challenges. WeWork was born and grew after the Great Recession, opening its first Manhattan location
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Person holding car key. Manusapon Kasosod | Moment | Getty Images Donating your used car to a charity may bring you joy for helping another person in need, especially as prices for both new and used cars remain high. However, don’t expect the move to make a huge difference in your taxes, experts say.  That’s
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Sen. Tim Scott’s (R-SC) decision to drop his bid for the Republican presidential nomination means voters have lost their best opportunity to hear a serious tax policy debate among his party’s White House hopefuls. Unlike his rivals, Scott campaigned on a thoughtful, relatively detailed agenda that married taxes with his conservative social and economic views.
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In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT ANAHEIM, CALIFORNIA – AUGUST 24: President of Marvel Studios Kevin Feige took part today in the Walt Disney Studios presentation at Disney’s D23 EXPO 2019 in Anaheim, Calif. (Photo by Jesse Grant/Getty Images for Disney) Jesse Grant | Getty Images Entertainment | Getty Images What
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CHONGQING, CHINA – NOVEMBER 5, 2023 – High-rise buildings are seen in downtown Chongqing, China, November 5, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images BEIJING — China on Wednesday reported better-than-expected retail sales and industrial data for October, while the real estate drag worsened.  Retail sales grew by 7.6%
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Fg Trade | E+ | Getty Images If you’re planning to sell investments or rebalance brokerage assets next year, it’s possible you won’t trigger a tax bill for 2024.   The IRS on Thursday released dozens of inflation adjustments for 2024, including higher income tax brackets, increased standard deductions and boosted income thresholds for capital gains.
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Sanessa Griffiths of Skadden, Arps, Slate, Meagher & Flom LLP discusses the lack of diversity in the tax bar and recommends ways to fix it. 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 International. This week: tax
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No one loves paying taxes. Building a retirement income you can’t outlive is a challenge for many Americans. Increasing the amount of tax-free retirement income you receive will help minimize these two challenges. Keep reading as we share five ways to get the most tax-free income in retirement. As a Certified Financial Planner, I love
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Thomas Barwick | Stone | Getty Images People who find it easiest to financially prepare for retirement have four behavioral traits. Yet just 10% of workers show all of these “optimal” characteristics, according to new survey findings from Goldman Sachs Asset Management in collaboration with Syntoniq, a behavioral finance research organization. The behaviors help retirement
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