Share to facebook Share to twitter Share to linkedin U.S. President Donald Trump speaks at a roundtable on the economy and tax reform on April 15, 2019 in Burnsville, Minnesota. At the special Tax Day roundtable Trump gave a defense of his 2017 tax cuts.(Photo by Adam Bettcher/Getty Images) Getty Images Topline: Facing backlash, President
Taxes
Big pharma companies including Purdue and others are settling up with governments and private parties over the devastation they have allegedly caused or enabled with opioids. The settlements are notable in size, hundreds of millions of dollars, and some have strange mechanics. But they seem to have one thing in common: taxes. It seems likely
There comes a time in the life of all successful business owners when it’s necessary to start considering ways to delegate duties. Before that can be accomplished, however, it’s necessary to take an inventory of all those duties and prioritize them. Once you see which duties have the least impact on revenue generation and profit
Google has agreed to pay more than $1 billion in fines and taxes to the French government. (Photo by Lyu Liang/VCG via Getty Images) VCG via Getty Images Big tech’s days are numbered. Yesterday, Google agreed to pay over $1 billion in fines and taxes to French authorities, settling a dispute over a financial fraud
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 responds to questions about whether 2019 is really the deadline to file a restricted application, whether an annuity will be subject to the WEP, retroactive restricted applications for spousal benefits
If a person suffers damages, the person retains an attorney to pursue a remedy. But, what happens when there is no individual who has suffered damages but it is the public in general that is harmed? That is, a public interest issue. It is a state’s attorney general (or a district attorney) who prosecutes public
. Senator Elizabeth Warren (Photo by Nic Antaya for The Boston Globe via Getty Images) Getty Senator Elizabeth Warren released a Social Security expansion plan on the morning of September 12, the day of the next Democratic presidential primary debate. David Leonhardt of the New York Times was among the first to report about it.
Getty The U.S. Bureau of Labor Statistics reported today that the consumer price index (CPI) has increased by .1% for August, after rising .3% in July. Here’s what that means for taxpayers in 2020, together with a first look at predicted rates for the next year as calculated by Bloomberg Tax & Accounting. The CPI measures the
Getty As part of the Tax Cuts and Jobs Act (TCJA), Congress capped the amount of state and local taxes (SALT) that taxpayers can deduct on their federal returns. Taxpayers who were impacted complained that they were unfairly targeted, and some scrambled to find ways to protect the deduction (including filing lawsuits to protect workarounds).
The Marriner S. Eccles Federal Reserve Board Building, Washington DC Getty I find it surreal that someone has to tell the president of the United States that hard working, dedicated, and smart officials of America’s central bank, the Federal Reserve Bank, are not boneheads. Yet, this is the current sad and distracting state of affairs