Professor Adam Crepelle of the George Mason University Antonin Scalia Law School discusses the complicated tax relationship between U.S. states and Native American tribes. 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: tribal taxation. The relationship
Spanic | E+ | Getty Images There are some obvious triggers that might prompt you to update your will, such as changes in health or marital status. There are, however, also some not-so-obvious ones to be aware of, according to financial planners and attorneys. “Your will should be updated when your personal circumstances change, which
U.S. President Joe Biden delivers remarks on Russia’s attack on Ukraine, in the East Room of the White House in Washington, U.S., February 24, 2022. Leah Millis | Reuters As President Biden prepares to deliver his State of the Union address on Tuesday night amid a war in Ukraine that has enflamed global tensions, added
In this article DPZ An employee carries an order for a customer at a Domino’s Pizza restaurant in Detroit. Sean Proctor | Bloomberg | Getty Images Domino’s Pizza on Tuesday reported quarterly earnings and revenue that fell short of analysts’ expectations. The pizza chain also announced that CEO Ritch Allison plans to retire. Domino’s Chief Operating Officer
U.S. Federal Reserve Board Chairman Jerome Powell attends his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, 2022. Graeme Jennings | Reuters Federal Reserve Chairman Jerome Powell is tasked with telling Congress this week that the central bank will be doing more to control
Getty Images Your filing status is the backbone of your tax return, and checking the wrong box can be costly. Yet many filers still confuse single and head of household, financial experts say. “Most people are not fully aware of the differences,” said Rose Swanger, a certified financial planner and enrolled agent with Advise Finance
A crane loads a shipping container branded A.P. Moller-Maersk onto a freight ship. Balint Porneczi | Bloomberg | Getty Images Maersk, one of the world’s largest shipping container firms, said on Monday that it may suspend all deliveries to and from Russia in light of sanctions against the Kremlin following its invasion of Ukraine. The
Parents and children participate in a demonstration organized by the ParentsTogether Foundation in support of the child tax credit portion of the Build Back Better bill outside of the U.S. Capitol on Dec. 13, 2021. Sarah Silbiger | Bloomberg | Getty Images When President Joe Biden delivers his State of the Union address on Tuesday,
Social Security benefits are a favorite target of identity thieves. Today’s thieves are more sophisticated than their predecessors who would go down streets and pull Social Security checks from mailboxes. Today’s thieves have a variety of techniques using email, fake web sites, and telephone calls. The scams will escalate as the Baby Boomers age, and
The role of the built environment in addressing climate change is clear as buildings account for almost 40% of global carbon emissions according to the World Green Building Council. There has never been a greater commitment to reducing carbon emissions, with over 4,400 corporations and 220 investors signing up for the United Nation’s Race to
As President Joe Biden (D) makes his journey down Pennsylvania Avenue for his first State of the Union (SOTU) address, millions of Americans will be listening keenly to hear what solutions he lays out for curbing inflation and getting the country out of the pandemic. One of those Americans will be Adam Layne, the newly
Chelsea’s Russian owner Roman Abramovich applauds as players celebrate their league title win at the end of the Premier League football match between Chelsea and Sunderland at Stamford Bridge in London on May 21, 2017. Ben Stansall | Afp | Getty Images The Chelsea Foundation has reported a “serious incident” to the Charity Commission before
In this article KSS The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s on Tuesday reported fiscal fourth-quarter sales that came in below analysts’ estimates for the key holiday quarter, as ongoing supply chain obstacles roiled retailers and
In this article ETH.CM= BTC.CM= A visual representation of bitcoin. STR | NurPhoto via Getty Images Bitcoin jumped 13% on Tuesday continuing its sharp rebound as the Russian assault on Ukraine continues and the U.S. ratchets up sanctions. The cryptocurrency was up more than 13% at $43,500.16 as of 3:03 a.m. ET after hitting a
FluxFactory | E+ | Getty Images The Russian invasion of Ukraine has rattled global stock markets. It’s also sparked anxiety around personal finances, which have, for many around the world, already been strained by rising costs in the wake of the coronavirus pandemic. Globally, young people were among the groups that have felt the economic
In this article JPM JP Morgan CEO Jamie Dimon gives a speech during the inauguration of the new French headquarters of US’ JP Morgan bank on June 29, 2021 in Paris. Michel Euler| AFP | Getty Images JPMorgan Chase is preparing to go all-in on private companies. For the past year, the bank has been
Anchiy In 2021, amid the ongoing pandemic and “Great Resignation,” Americans filed a record 5.4 million applications for new businesses, according to data from the U.S. Census Bureau. That means a lot of new business owners are facing their first filing season. While many people can file their personal returns on their own, tax experts
As a taxpayer, you have one goal come April: pay the least amount of taxes you can. One way to do that successfully is by hiring an accountant to do the filing for you. This accountant can be worth their weight in gold if they discover ways to earn you a refund that you wouldn’t
In a recent Forbes article, we examined the United States poverty rate in terms of the 10 counties with the highest poverty rate and the 10 counties with the lowest poverty rate. On the national level, according to the latest data from the U.S. Census Bureau — namely, the 2019 American Community Survey, 5-Year Estimates
Last week Sen. Rick Scott, R-Fla., released an 11-point plan to “Rescue America” that featured at least one provocative tax proposal. “All Americans should pay some income tax to have skin in the game, even if a small amount,” Scott declared. “Currently over half of Americans pay no income tax.” At least one of Scott’s GOP colleagues in the