theonlinetaxguy

Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s post whether continued income can increase benefits amounts, delaying past FRA, sequencing survivor and retirement benefits and the potential effects of other retirement systems on Social Security benefits. Larry Kotlikoff is
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pinkypills What do I do for clients? I’ve run into this question a lot lately, and I understand why it comes up. The term “financial advisor” can mean lots of different things—different approaches, different expertise and different daily routines. Plus, we’re not cheap. It’s only natural that people want to know what they’re getting for
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Earlier this summer, the IRS and the Treasury Department unveiled a new postcard-sized 1040, which aims to replace the current 1040, 1040A and 1040EZ for next season. The IRS says the postcard form omits all but essential information and relegates the rest to supplemental schedules. This could be a sea change for filing, but have
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Intel’s chip manufacturing technology issues are a big problem, according to Goldman Sachs. The firm lowered its rating to sell from neutral for Intel shares, citing its repeated delays in moving to its next generation chip process technology. “We see Intel’s struggles with 10nm process technology having ramifications in terms of its competitive position –
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These past two days it would have been easy to get the impression that U.S. President Donald Trump is responsible for the currency crisis in Turkey. Unfortunately, for Turkey, Trump is not the source of all their economic woes. Overwhelmingly, the real problems are insane economic policies implemented under the rule of Turkish President Tayyip Erdogan.
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Cripple Creek, a former gold-mining boom town 44 miles southwest of Colorado Springs, is now home to 13 casinos after Colorado voters allowed the town to re-establish gambling in 1991. This July casinos will be allowed to stay open 24/7 and expand gaming with $100 bets and the addition of craps and roulette. Karl Gehring/The
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Shutterstock Earlier this week, the Internal Revenue Service (IRS) issued proposed regulations for Section 199A, a key element of the Tax Cuts and Jobs Act. The section 199A deduction, sometimes called the pass-through deduction, allows sole proprietors and owners of pass-through businesses a deduction of up to 20% on business-related income to bring the overall rate lower.
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