(Photo by / Richard Drew, AP) Last January, MoneyShow.com asked the leading newsletter advisors to select their favorite stocks for 2019. Healthcare was a popular sector in that survey, with several big first half winners. Here’s a check-up on 6 financial favorites for the second half. Adrian Day, Global Analyst I selected Gladstone Investment (GAIN)
Taxes
Individual income tax returm form by IRS, concept for taxation planning Getty Earlier this year, the U.S. House of Representatives passed the Setting Every Community Up for Retirement (SECURE) Act, by a whopping 417-3 vote. Initially, it was widely believed that the Senate would make quick work of the bill, as it had the incredible
A spike in announcements of bonus payments for workers followed the passage of the Tax Cuts and Jobs Act (TCJA) in December 2017, and President Trump took credit for the extra payouts. They were, he said, just the beginning of a protracted period of real compensation growth fueled in part by the cut in corporate
There is no passage in the Bible that states, “Thou shalt not pay tax.” That was the finding in an Australian court case which garnered worldwide interest because of the nature of the defense: the family refused to pay tax, claiming that it was “against God’s will.” However, Associate Justice Stephen Holt ruled against them, ordering
U.S. President Donald Trump speaks during the Presidential Social Media Summit in the East Room at the White House in Washington, D.C., U.S., on Thursday, July 11, 2019. Photographer: Al Drago/Bloomberg © 2019 Bloomberg Finance LP U.S. president Donald Trump set the crypto-verse ablaze on July 11th when he directed a series of tweets at bitcoin,
© 2019 Bloomberg Finance LP Federal minimum wage hikes could crush scores of small businesses across America, already pushed near the cliff by high rents and growing state and city labor regulations. Minimum wage hikes are reaching a fever pitch lately in America. Politicians at all levels, federal, state, and local are racing to get
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 some ramifications of filing early, the ability to restrict an application before full retirement age (FRA), reductions in benefits due to foreign pensions, voluntarily and involuntarily suspending benefits and
Just six (or so) months after the Internal Revenue Service (IRS) released the much talked about – and maligned – form 1040 for the 2018 tax year, there’s a new draft in town. Here’s a quick peek at the latest version, intended for the 2019 tax year: IRS draft 2019 p1 IRS IRS draft 2019
What’s the old saying? If you love something, throw it away and then reintroduce in another tax year? Or something like that? Just as the form 1040 appears to be making a return to a more pre-TCJA-like format, we have another repackaged (sort of) tax form: form 1040-SR, U.S. Tax Return for Seniors. You may
Capitol Building with dramatic sunrise sky, Washington DC Getty The SECURE Act (Setting Every Community Up For Retirement Enhancement, H.R. 1994) is still working through the Senate after passing the House in May. It proposes a number of changes to retirement savings including changes to various nuts and bolts of IRAs and 401(k)s. It is not yet law. Nonetheless, it seems pretty likely