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 denial of a restricted application for spousal benefits only, whether benefits for an ex impact a decision to remarry, the possibility of voluntarily ending disability, reinstating retirement benefits at
Taxes
Start your marriage off on the right financial footing. WINDSOR, UNITED KINGDOM – MAY 18: Thomas Kingston and Lady Gabriella Windsor kiss as they leave St George’s Chapel after their wedding on May 18, 2019 in Windsor, England. (Photo by Pool/Max Getty Images Whether you are just getting married or have been married for years,
Calvin Johnson’s recent paper A Wealth Tax is Constitutional, 38 ABA Tax Times No. 4 is timely as my senator, Elizabeth Warren’s proposal for a wealth tax of 2% on fortunes over $50 million and 3% on fortunes over $1 billion is attracting a lot of attention. I don’t know what the source of those percentages is although
Getty Nobody likes getting a tax bill in the mail. It’s especially concerning when your tax bill is a bit higher than you anticipated. But what happens when it’s hundreds of millions of dollars more than you were expecting? Just ask Donna Smith from Aurora, Colorado. Smith, a part-time worker at a local thrift store,
We share 13 tips to make sure your money lasts in retirement. Getty Running out of money in retirement is one of the biggest concern for retirees. People do have reasons to be concerned; healthcare is expensive; most people are living longer; the news talks about the looming recession, the goes on and on. Depending on
Share to facebook Share to twitter Share to linkedin SOPA Images/LightRocket via Getty Images Topline: Apple and the Irish government will this week appeal an European Commission ruling that the Cupertino-based tech giant saved $14.3 billion in taxes by striking a favorable deal with the Irish government. On Tuesday, the European Union’s General Court will
The IRS has announced a global settlement of cases involving abusive 831(b) captive insurance schemes, which announcement (IR-2019-157) is hyperlinked here and at the bottom of this article and is well worth reading in full, down to the last period in the Appendix. According to the announcement, “The settlement requires substantial concession of the income
Retired couple taking a happy selfie in tropical sea excursion with life vests and snorkel masks – Boat trip snorkeling in exotic scenarios on active elderly and senior travel concept around world. They are not worried about what they do or don’t Getty You’ve worked hard for decades, and now you want to enjoy your
Share to facebook Share to twitter Share to linkedin Photocredit: © 2019 Bloomberg Finance LP © 2019 Bloomberg Finance LP Here is a summary of the bearish influences on the metal price : Sentiment is too bullish. The weekly graph shows a hook sell signal, a sign of coming weakness. The monthly cycle topped on
The vast gig economy may be about to change, and not just in California. California is often a leader in laws regulating employment, often followed quickly by other states, so the changes could spread. The California Senate passed Assembly Bill 5 that could require Uber, Lyft and many gig companies to treat workers as employees. A