Month: August 2021

A recent Tax Court case considered its jurisdiction when the IRS erroneously included a denied innocent-spouse relief claim for a prior year in a later determination for another year. As the case holds, that later determination can effectively revive the Tax Court’s jurisdiction over the denied claim for the prior year because of its inclusion
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Jianbi Chen | iStock | Getty Images Now that struggling renters are no longer protected by a national ban on evictions, it has become even more pressing for those households to get approved for federal rental assistance. Congress has allocated more than $45 billion in rental assistance to address the crisis hitting tenants and their
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zimmytws | iStock | Getty Images A new report released by the Social Security Administration on Tuesday reveals new estimates of just how much the Covid-19 pandemic has impacted the program’s already ailing trust funds. The results show the funds from which the program pays benefits have been “significantly affected” by both the pandemic and
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In her twenties, Mickey became the single mother of three children under five years old. The resulting challenges she faced defined much of her life. She had to support the family on a secretary’s salary and navigate a not-so-friendly professional world while mothering her son and two daughters, paying the bills, and saving for retirement—all
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Tax Notes Capitol Hill reporters Doug Sword and Frederic Lee examine the record-breaking budget and infrastructure legislation advancing on Capitol Hill and preview potential tax policy proposals coming this fall. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This
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Today’s column addresses questions about recalculation of benefits after earning continuing income, how the family maximum that can be claimed on a single record is calculated and how divorced spousal benefits are calculated for business owners. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning,
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As New York City begins a revival, the 1 Hotel in Brooklyn Bridge isn’t simply one of the hottest places for tourists to stay, it embodies everything about Brooklyn that locals love. LEED Gold Certified and designed by INC Architecture and Design, this hotel goes above and beyond even the highest standards of sustainability. With some of the
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Wildlife has always shared the landscape with people, but the big loser in this arrangement is — and always has been — wildlife. Is it time to grant wildlife legal ownership of their homes? © Copyright by GrrlScientist | @GrrlScientist | hosted by Forbes Ships and corporations have owned property for decades; why not bison? — Karen Bradshaw, Professor of Law Most
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Deciding to take ownership over your retirement and savings goals typically starts with one important step: Automation. Financial experts and voices almost universally begin the savings process with the idea of automation. Why? Because it allows you to move money into either short-term savings or long-term retirement accounts without ever seeing the funds within your
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In this article 2497.T-JP TURIN, ITALY – OCTOBER 21: Juventus player Cristiano Ronaldo during the Champions League press conference at Allianz Stadium on October 21, 2019 in Turin, Italy. Daniele Badolato | Juventus FC | Getty Images Cristiano Ronaldo has signed a two-year contract to return to Manchester United. The English club reached an agreement
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In this article ZM Zoom CEO Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Zoom shares fell 11% in extended trading on Monday after the video-calling software maker reported fiscal second-quarter earnings that beat analysts’ expectations, but showed slowing growth versus the
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A dicey situation reminiscent of the dot-com bubble may be unfolding on Wall Street. According to BTIG’s Julian Emanuel, the market’s record price action is mimicking late 1999, and it could spark a 10% to 20% correction within the next month. “Be very much aware of the fact that if and when it reverses, the
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