On September 13, 2021,  the House Ways & Means Committee released far-reaching tax proposals included in the $3.3 trillion reconciliation legislation under active consideration by Congress. It is likely that many substantive changes will be made during that process of making this into law. Most of the proposed changes are effective after December 31, 2021,
0 Comments
mphillips007 | iStock Unreleased | Getty Images With Mega Millions and Powerball jackpots both topping $400 million, there are likely a lot of players daydreaming about how they’d spend such a windfall. They also may want to think about what to do as a winner before the money actually reaches them. That is, there would
0 Comments
In this article RY4C-IE EZJ-GB IAG-GB LHA-DE WIZZ-GB Ryanair and EasyJet airplanes. Horacio Villalobos | Getty Images News | Getty Images LONDON — European low-cost airlines have clear advantages over larger flag carriers in a post-pandemic world, analysts have told CNBC, despite the massive support packages deployed from governments around the world. It’s been a
0 Comments
The tax legislation floating around the House Ways and Means Committee that doesn’t seem to have a name includes a provision that supporters of conservation easement deductions have either longed for or dreaded. The Partnership for Conservation (P4C), the trade association for the conservation easement syndication business, is opposed to the legislation. Land Trust Alliance, on the
0 Comments
LightFieldStudios | iStock | Getty Images Two-thirds of wealthy business-owners accelerated their plans to retire or sell their business during the Covid pandemic, according to a new survey, reflecting the new psychological and financial landscape for business. Fully 66% of high-net-worth business owners said the pandemic pulled forward their plans to sell their business or
0 Comments
Unofficially known as “Big Sky Country,” Montana attracted more vaccinated than unvaccinated Americans last month. Mike Kemp | In Pictures Ltd. | Corbis Historical | Getty Images Lawmakers on Capitol Hill may pass a measure to curb abuses by taxpayers using a particular tax deduction for land preservation. The bill, named the Charitable Conservation Easement
0 Comments
Elizabeth Sutton is one of today’s most popular contemporary artists. Her designs have been displayed everywhere from Bergdorf Goodman to Frette’s Madison Avenue flagship location, The Plaza Hotel, Saks Fifth Avenue in Brickell, Eden Rock in St. Barth, and even on Bravo’s Million Dollar Listing.  You may have also seen her work in some unexpected
0 Comments
The Ways and Means Committee released the first draft of a major tax bill this week. While it is mostly aimed at increasing taxes to pay for other social policies and government infrastructure initiatives, there are a number of provisions that would change retirement planning.    You can see a summary by the Ways and Means Committee here. Most of
0 Comments
In this article GSBD David Zalik, founder and CEO of GreenSky. Chris Hamilton | GreenSky Goldman Sachs is acquiring digital lender GreenSky for $2.24 billion as the investment bank pushes further into consumer finance. The all-stock deal for GreenSky, called the biggest fintech platform for home improvement loans in a release announcing the transaction, is
0 Comments
Sturti | Getty Images Women are more worried than men when it comes to saving enough for retirement. The coronavirus pandemic hasn’t helped. Some 60% of women said they were concerned they wouldn’t be able to achieve a financially secure retirement, according to a February 2021 survey from the National Institute on Retirement Security. That’s
0 Comments
Acorns president David Hijirida Courtesy: Mo Osborne | Acorns Investing and savings app Acorns has hired a former Amazon executive and fintech CEO to lead day-to-day operations ahead of the start-up’s debut as a public company, CNBC has learned. The company is set to announce Wednesday that it named David Hijirida as president, according to
0 Comments
A man receives his third dose of COVID19 vaccine at Sheba Medical Center on July 14, 2021 in Ramat Gan, Israel. Amir Levy | Getty Images A third dose of Pfizer’s Covid vaccine six months after a second dose restores protection from infection to 95% in a real-world setting in Israel, according to data submitted
0 Comments
The Inspiration4 crew in their SpaceX spacesuits, from left: Chris Sembroski, Dr. Sian Proctor, Jared Isaacman, and Hayley Arceneaux John Kraus / Inspiration4 KENNEDY SPACE CENTER, Florida — SpaceX is set to make history as Elon Musk’s space company prepares to launch four civilians to orbit. They will become the first full crew of non-professional astronauts to fly to
0 Comments