Taxes

Getty Public and private organizations often implement labor-intensive policies and procedures to govern interactions between related parties. These compliance requirements frequently sacrifice administrability in favor of precision. Let’s say that the finance director of a U.S.-based multinational’s foreign distributor needs to lower the transfer prices on its intercompany inventory imports. The local currency has declined
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Economic Security Planning, Inc. Today’s column addresses questions about benefits lost to the earnings test, continuing to work after filing, what happens to disability benefits at full retirement age (FRA), deciding not to continue working after filing and when to file for spousal benefits. Larry Kotlikoff is a Professor of Economics at Boston University and
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Share to facebook Share to twitter Share to linkedin French imports like cheese and makeup would become more expensive. Ludovic Marin/POOL/AFP via Getty Images Topline: President Trump is threatening to slap 100% tariffs on $2.4 billion worth of French goods—including everything from Champagne to cheeses, in apparent retaliation for France’s new digital services tax, which
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null Getty Albert Einstein, iconic genius and one of the greatest minds of the last century, had one puzzle he found baffling: “The hardest thing in the world to understand is the income tax.”  If he found taxes enigmatic, it’s no surprise that the rest of us have difficulty following along. The end of the
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Share to facebook Share to twitter Share to linkedin An anti-government protester stands guard at a burning barricade in Santiago, Chile. Rodrigo Abd/ASSOCIATED PRESS Topline: Many of the mass protests happening around the world were sparked by anger over the economy—especially rising inequality and high costs of living—and then quickly evolved into larger, more potent
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Economic Security Planning, Inc. Today’s column addresses questions about when and if spousal benefits may become available, foreign pensions’ effects on benefits, when survivor benefits can become available, remarriage and Medicare benefits and survivor rates for disabled adult children. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of
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LONDON, ENGLAND – SEPTEMBER 13: A plane comes into land at Heathrow Airport on September 13, 2019 in … [+] London, England. (Photo by Leon Neal/Getty Images) Getty Images Fasten your safety belts. Jeremy Cape of Squire Patton Boggs explains the U.K.’s Air Passenger Duty (APD) and one group’s proposal to impose a frequent flyer
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Economic Security Planning, Inc. Today’s column addresses questions about working after beginning benefits, accidentally filing earlier than intended, spousal benefits on a disabled worker’s record, restating suspended benefits and the possibility of filing retroactive SSA taxes. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning,
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Almost have of the banks in the U.S. do not have satisfactory supervisory ratings from the Federal … [+] Reserve. BLOOMBERG NEWS On Tuesday, right as most Americans were running around doing last minute preparations for Thanksgiving, the Board of Governors of the Federal Reserve System published the second annual ‘Supervision and Regulation Report.’ I
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A long string of losses in a horse related business may well attract IRS attention. Don’t despair. If you take the right steps you have a good chance of winning in Tax Court. Reilly’s Eighteenth Law of Tax Planning – Honest objective trumps realistic expectation. A quarter horse mare showing its muscles. Cd. Victoria, Tamaulipas,
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PARIS, FRANCE – JUNE 25: In this photo illustration, a visual representation of the digital … [+] Cryptocurrency, Bitcoin is displayed on June 25, 2019 in Paris, France. Bitcoin surpassed the 11,000 dollar mark Monday, Facebook’s arrival on the cryptocurrency market with Libra has boosted global interest around the various currencies in circulation. Bitcoin has
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When Richard Detrich and his wife, Nikki Steele, started contemplating where to retire, they went about it methodically. The couple had already agreed to move abroad. Next, they each drew up a list of the 15 most important factors to them and then compared notes. Turned out their lists were pretty similar. The Ventura, California,
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