Pexels Pexels As a successful businessperson, you want to give back to your community and help the next generation of entrepreneurs grow. Choosing the right startup to back can require a critical eye. The things that you knew about your business, you need to assume about the startups, especially if they don’t divulge all the
Happy Couple Rawpixel.com Before marriage equality, LGBTQ planning lore was full of horror stories. There was the lifelong partner kicked out onto the street after his lover passed away. A woman who had to pretend to be her girlfriend’s sister to get into the hospital room. A father who lost the right to see his
Share to facebook Share to twitter Share to linkedin Interest rate cuts can have positive impact on economy Getty When the Fed cuts rates, the world economy notices. It typically provides a mirror for the current state of things and a taste of things to come. Here are four reasons the Fed’s recent quarter-point cut
Captive Insurance jda Let’s say that investors gets into an alleged tax shelter, the shelter blows up causing losses, and the investors bring a class-action lawsuit against the promoter. The promoter, in its defense to the attempted class-action certification, alleges that each investor signed a contract when they got into the deal which says that
Getty With gloomy threats of Brexit and a general election happening within the coming months, many are worried that foreign wealth might depart the U.K. That threat was confirmed on Friday, with latest government data showing that over 12,000 individuals have given up their “non-domiciled” status. This unique, and almost oxymoronic term, allows foreign individuals
Digital tax plans are afoot in Europe. France will soon retroactively apply its 3 percent levy on companies that make at least $834 million in worldwide revenues from “digital activities,” including $28 million within France. The move prompted a tariff threat from President Trump. Other countries may be following suit. Italy’s 3 percent digital tax
null Getty Regardless of how much money you have, one thing is clear: funding college education is an expensive endeavor. The good news is that over the past decade, Americans of all income groups have come to embrace the 529 plan. In fact, the Pew Research Center found that these education accounts have increased in number
WASHINGTON, DC – MARCH 20: Nina E. Olson in her office on March 20, 2012 in Washington, DC. The Taxpayer Advocate office works independently within IRS. (Photo by Ann Hermes/The Christian Science Monitor via Getty Images) Christian Science Monitor/Getty Images Nina Olson, the National Taxpayer Advocate, retired last week after 18 years on the job.
Nina Olson, the National Taxpayer Advocate, retired last week after 18 years on the job. Few taxpayers knew who she was (even those her office helped navigate the tax system). But in the world of tax policy and administration, Nina was an outsized figure. She was passionate, blunt, and relentless on behalf of those issues
The Devils Dictionary is a great way to learn some new financial terms so you can get back to riding your bike. (Photo by Hendrik Schmidt/picture alliance via Getty Images) picture alliance via Getty Images Do you ever wonder what all that financial jargon actually means? Will your eyes cross after googling just a few
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 column addresses questions about when to file to allow for larger benefits for a spouse, how spousal benefits are determined, how survivor benefits are calculated, when it is possible to file
Before my family and I took off on a recent flight home, the flight attendant delivered the usual warning: An adult passenger should put on her own oxygen mask before assisting anybody else. My daughter, seated next to me, knew it was the obvious thing to do. “It sounds harsh, but it’s right, Mom. Save
Share to facebook Share to twitter Share to linkedin Trump is one of two presidents over the past 40 years who hasn’t voluntarily released his tax returns. (Photo by Nicholas Kamm) AFP/Getty Images Topline: In the latest move to shield his tax returns from Democrats, President Donald’s Trump’s campaign has sued California in an attempt
Just say the number 47 percent and many people know exactly what you are talking about: It was the calculation that the Tax Policy Center did a decade ago of the share of people who pay no federal income tax. At least among tax and political geeks, the number became the numerical equivalent of those
Getty Correspondence season is in full swing. That means that the Internal Revenue Service (IRS) is sending out bills and notices to taxpayers – including correspondence focused on cryptocurrency and healthcare reporting. It may be hard for taxpayers to tell the real thing from the fakes – and scammers are taking advantage of the confusion.
Anthony Charles Dwight Box was at what I consider the end of the line in tax litigation – appealing his sentence from prison – when he heard from the Eleventh Circuit last month. It was not good news. The Circuit Court approved the 36 month sentence handed down by Judge Federico Moreno of the Southern District
Presidential hopeful and Senator Elizabeth Warren (D-MA) has proposed a tax on wealth that would make ultra-millionaires pay 2 cents! Yep, that is what she said during the CNN debate on Tuesday night. Voters might well wonder how she would raise $2.75 trillion over a decade from rich people who give the government just their
Credit: Getty Royalty Free Getty Selling an insurance policy you no longer need can be a good way to raise cash. Usually, this happens if a policyholder’s spouse has died, the holder can’t afford to pay the premiums or has a terminal illness. With these so-called life settlements, investors buy your policy at a discount
Over half of businesses in the United States have increased their commitment to renewable energy in response to reports warning of a worsening climate crisis . A study led by Deloitte has shed light on how businesses and consumers are reacting to climate change and the steps they have taken to reduce their carbon emissions.
In his 2005 State of the State address, California Governor Arnold Schwarzenegger sounded like he was being chased by the new Terminator T1000: It is on automatic pilot. It is accountable to no one. Where will it all stop? How will it stop unless we stop it? He was not talking about a threatening cyborg but