Taxes

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
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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
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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
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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
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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.
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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
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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
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