Revamped child credit benefits; docs and tax help; Social Security scams; and other highlights from our favorite tax bloggers. New tariff in town Houston Tax Attorney (http://www.irstaxtrouble.com/category/tax-blog/): Yaryan v. Commissioner provides an opportunity to consider one aspect of the new Sec. 199A deduction: regulations that adopt a “trade or business” standard that can limit the
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Author’s wife wearing a sombrero in MexicoChuck Bolotin There are very few data points that can change your understanding of a place more profoundly than actually living there and seeing for yourself. That’s how it was with my wife and me before we embarked on our eight-month road trip through Mexico and subsequently living here
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Former Trump Lawyer Michael Cohen Enters Plea Deal Over Tax And Bank Fraud And Campaign Finance Violations2018 Getty Images President Trump’s former personal lawyer, Michael Cohen, pleaded guilty today to a total of eight counts of tax evasion, making false statements, and campaign finance violations. Here’s a look at the charges, and how they evolved.
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The so-called “smart money” hedge funds are dramatically underperforming this year. Goldman Sachs explained the weakness is the result of big positions in Facebook shares and disastrous bets against stocks. The firm said the average stock hedge fund is down 1 percent this year through Aug. 17 versus the S&P 500’s 8 percent gain. “Volatility
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Key Findings Complying with the individual income tax code creates real costs for taxpayers. Estimates of the compliance burden vary widely depending which calculation method is used. Each method produces unique illustrations of the cost of complying with the U.S. tax code. Quantifying compliance costs can be complex. Calculations may include out-of-pocket costs on things
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Shutterstock Here’s an article by a Forbes staff writer earlier today:  “Employers Say 64 Is Too Old To Get A Job.”  This headline is based on the replies employers gave in a survey conducted by the Transamerica Center for Retirement Studies, “Striking Similarities and Disconcerting Disconnects:  Employers, Workers and Retirement Security” in response to two
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EA’s most important nonsports game for this holiday season is struggling, according to Cowen. The firm reiterated its market perform rating for Electronic Arts shares, citing weak preorders for the publisher’s “Battlefield V” title. “EA’s Battlefield V currently appears to potentially be headed for serious disappointment,” analyst Doug Creutz said in a note on Monday.
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