Taxes

Interest rate cuts have an unequal impact on Americans. Getty For the first time since 2008, the Federal Reserve has cut interest rates. They made this move Wednesday preemptively attempting to continue the U.S.’s record-long economic growth and to protect it from slowing growth overseas. The quarter-point decrease was expected, although whether it was even
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The Fed cuts interest rates for the first time since the 2008. The widely expected move reduced interest rates by a quarter point. The Fed also announced that it has stopped selling off assets a few months early, another modest step to boost the US economy. Fed Chair Jerome Powell said he saw no immediate
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President Trump says he will impose tariffs on $300 billion in Chinese goods next month. He threatened to impose the 10 percent tariff on almost all Chinese exports to the US  starting September 1. That could increase the cost of many consumer goods in the second half of the year. Earlier this week, Trump tweeted
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Money growth Saving money. (Photo by / Getty) Getty From retired investors needing to meet living expenses to conservative stockholders who simply wanting a consistent income stream, many investors are attracted to monthly dividend payments. Ned Piplovic, a contributor to MoneyShow.com and the editor of DividendInvestor, highlights four-favorite investment offering monthly payments. Sabine Royalty Trust
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Recently, in Revenue Procedure 2019-32, the IRS provided a six-month extension for certain partnerships to file a superseding Form 1065 (its partnership return) and corresponding Schedules K-1 to each of its partners.  The Bipartisan Budget Act of 2015 (the “BBA”) drastically changed the way that partnerships are audited, including partnership-level assessments; smaller partnerships, however, can
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Is Trump’s China trade deal falling apart? After insisting for months that his tariffs on Chinese imports would drive the Asian nation to make broad concessions on intellectual property and purchases of US agricultural goods, President Trump now saysa trade agreement may not happen until after the 2020 elections. While he is lowering expectations in the midst
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To pay for health care, candidate Harris says she won’t raise taxes on families earning less than $100,000. Presidential hopeful and California Senator Kamala Harris would expand Medicare and allow private insurance companies to offer Medicare plans. She would exempt households making below $100,000 from an income-based premium and would set a higher income threshold
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President Trump: Apple leaves a bitter aftertaste. Vive la France? Not so much.  President Trump said Friday that he would not grant Apple’s request that the tech giant be granted a waiver from high tariffs on goods it manufactures in China. He also threatened to impose high tariffs on French goods in retaliation for France’s
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A burned European Union (EU) flag.  Photographer: Konstantinos Tsakalidis/Bloomberg photo credit: © 2015 Bloomberg Finance LP © 2015 Bloomberg Finance LP There’s an eerie but placid tone in current U.S.-Europe relations. Investors should view it as the calm before the storm that could eventually wreak havoc across global financial markets. “It seems most likely that tensions
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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 examines remarriage while receiving Social Security survivor’s benefits, filing for and suspending a retirement benefit versus filing a restricted application for spousal benefits only, scam claims about benefit windfalls, and
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