Today’s column addresses questions about whether previous cost of living allowances (COLAs) apply to spousal benefits taken later, whether earlier COLAs apply to widow’s benefits and taking disability benefits before widow’s benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc. See more Ask
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It’s no secret that the IRS is after crypto in a big way, with warnings, a series of cryptocurrency John Doe Summonses served on exchanges and even a crypto question on every tax return. Selling crypto can obviously trigger taxes, but even buying something with crypto can trigger taxes. In fact, even paying taxes in crypto can
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Former Theranos CEO Elizabeth Holmes exits a status hearing for her upcoming criminal fraud trial. SAN JOSE, CALIF. — Elizabeth Holmes’ attorneys on Monday requested that they be allowed to ask jurors about bias and exposure to Holmes’ “profession and celebrity” when jury selection begins later this month in her criminal fraud trial. “When there
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The FBI’s investigation into alleged false investment performance at the $67 billion Pennsylvania Public School Employees’ Retirement System may suggest law enforcement is finally focused upon public pension shenanigans. That’s not likely. If you want to understand how pension looters and high-level investment scammers frequently escape prosecution, begin with studying the legal and regulatory structure
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The law on the limits of state tax and regulatory authority regarding Native American tribes is complicated. The law may seem clear, yet there are instances in which a different interpretation is applied, as with the Ninth Circuit’s decision in Big Sandy. Setting the Scene California has comprehensive regulations designed to reduce illegal trafficking in cigarette and
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Meme-inspired cryptocurrency dogecoin surged on Monday morning, hitting 35 cents. It’s now trading at around 33 cents and is up 10% in the last 24 hours, according to CoinMarketCap. This boost came after billionaire investor Mark Cuban told CNBC Make It last week that “the community for doge is the strongest when it comes to
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