Taxes

getty Together with the United States District Court for the Northern District of California, the Internal Revenue Service (IRS) Criminal Investigations (CI) division announced what is being called the largest ever tax charge against an individual in the United States. Robert T. Brockman, a 79-year-old resident of Texas, and the chairman and CEO of The
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Democratic presidential candidate Joe Biden speaks during a campaign event in Fort Lauderdale, … [+] Florida on October 13, 2020. (Photo by JIM WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images) AFP via Getty Images Democratic presidential candidate Joe Biden’s current campaign plan would raise taxes by $2.4 trillion over the next decade,
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On the latest episode of Willis Weighs In, Benjamin Willis, contributing editor for Tax Notes Federal, and Victor Fleischer, professor at University of California, Irvine School of Law and former Senate Finance Committee Democratic chief tax counsel, discuss possible post-election tax reform. Here are a few highlights . . . On changing the corporate tax rate Victor
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In this photo illustration the Internal Revenue Service (IRS… SOPA Images/LightRocket via Getty Images Regulators all over the world are struggling to come up with an effective tax policy for virtual currency transactions. Recently, the IRS was scrutinized by the government watchdog, The Treasury Inspector General for Tax Administration (TIGTA), about this very issue. A
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Economic Security Planning, Inc. Today’s column addresses questions about how retroactive filing affects benefit rates, when spousal benefits may be available and whether it’s possible or advisable to take a retirement benefit before a survivor’s benefit. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning,
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Tax Court is adopting a new case management system. getty I just picked up on an extraordinary piece of news that has been around for nearly a week with little notice. The Tax Court will be launching a new case management system called DAWSON (Docket Access Within a Secure Online Network). This is a nod
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Economic Security Planning, Inc. Today’s column addresses questions about how the earnings test is applied when a spouse has filed early, whether payments based on an ex’s non-covered pension will invoke the WEP, child benefits for children not in the record holder’s custody and exchange rates and foreign pensions. Larry Kotlikoff is a Professor of
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When employees make divisive or disruptive statements on political issues, employers can take … [+] careful steps to address inappropriate speech. getty Whether in conversation, social media, or sloganed political attire, divisive political expression has become conspicuous among employees. This can be disruptive to work operations or team spirit. Political acrimony can lead to legal
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