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Preview: Tax News

Forbes - Taxes

Forbes - Taxes

Copyright: Copyright 2018 Forbes LLC

When RMDs From Retirement Accounts Aren't Required

Fri, 23 Mar 2018 11:57:00 -0400

Not everyone has to begin required minimum distributions from retirement plans after age 70½. Some of you might be able to delay those RMDs.

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Ask Larry: ​​​​​​When Can My Wife Get Benefits On My Record?

Fri, 23 Mar 2018 09:17:00 -0400

Today’s column addresses the availability of spousal benefits after remarriage, when income is counted under the earnings test, potential effects of filing early, the availability of widow's benefits and how spousal benefits are calculated.

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How Tax Reform Will Net the U.S. Big Returns

Fri, 23 Mar 2018 08:35:00 -0400

Washington is rolling out tax measures that come just in time to help the United States benefit from changes in the global economy.

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IRS Reports 'Steep Upswing' In Taxpayer Data Thefts From Tax Preparer Offices

Thu, 22 Mar 2018 16:31:00 -0400

The IRS reports that scammers are targeting tax professionals as Tax Day approaches. Here's what you need to know.

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Taxes From A To Z (2018): K Is For Kin (Crypto)

Thu, 22 Mar 2018 15:34:00 -0400

It's Taxes from A to Z. K is for Kin (Crypto).

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IRS Warns On 'Dirty Dozen' Tax Scams

Thu, 22 Mar 2018 12:38:00 -0400

Tax moves that sound too good to be true? Chances are they're on the Internal Revenue Service (IRS) "Dirty Dozen" scam list for 2018.

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How To Pay For Infrastructure: Raise The Gas Tax By One Dollar

Thu, 22 Mar 2018 09:04:00 -0400

I hate to be the bearer of bad news, but the national gasoline and diesel tax (the “gasoline tax”) needs to be raised. The infrastructure is crumbling and this is the pool of money used to fix it. Based on all available evidence and data, the gasoline tax should be raised by a dollar.

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Taxes From A To Z (2018): J Is For Joint Accounts

Wed, 21 Mar 2018 17:21:00 -0400

It's Taxes from A to Z! J is for Joint Accounts.

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New Names, New Locations Can Signal Trouble When It Comes To Tax Preparers

Wed, 21 Mar 2018 15:17:00 -0400

Hiring a tax professional? You may want to reconsider if your potential tax preparer is always on the move or constantly changing names.

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NAFTA Talks Brighten As U.S. Drops Contentious Autos Demand

Wed, 21 Mar 2018 13:50:00 -0400

The U.S. has reportedly dropped a demand that 50% of the content in every vehicle assembled in Canada or Mexico be manufactured in the U.S., greatly raising the prospects that NAFTA can be preserved -- and millions of autos jobs.

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Why President Trump's Rich Friends Might Have Been Mad About The Tax Act

Wed, 21 Mar 2018 10:55:00 -0400

Some of President Trump's wealthy real estate friends really may have been hurt by the Tax Cuts And Jobs Act thanks to the restriction on the current deduction of excess business losses.

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Is Paying Taxes With A Credit Card A Big Mistake?

Wed, 21 Mar 2018 09:14:00 -0400

Considering paying your taxes with a credit card? Here are a few things you need to know to avoid making a costly mistake. Or to get closer to your next dream vacation flying First Class.

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Ask Larry: ​​​​​​Must I File And Suspend Before Spousal?

Wed, 21 Mar 2018 08:59:00 -0400

Today’s column takes up when filing and suspending is or is not necessary, SSA's benefit estimates, how to potentially increase benefits, benefits for a disabled child and what effects remarriage might have on eligibility.

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It's IRA Season: Why April 17 Matters

Tue, 20 Mar 2018 17:20:00 -0400

Did you contribute to your IRA for 2017?

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Taxes From A To Z (2018): I Is For Installment Agreement

Tue, 20 Mar 2018 13:01:00 -0400

It's Taxes from A to Z! I is for Installment Agreement.

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IRS Warns Not To Inflate Your Tax Deductions

Tue, 20 Mar 2018 08:56:00 -0400

Inflating your tax deductions might seem harmless, but not to the IRS. On the Dirty Dozen list this year, it can can trigger penalties or even prosecution.

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Why You Shouldn't Buy Life Insurance (OK, Some May Need It)

Tue, 20 Mar 2018 08:03:00 -0400

Life insurance sales reps don’t tell you that many people don’t need the product and it's a bad investment.

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Congress Could Preempt SCOTUS In Online Sales Tax Battle

Mon, 19 Mar 2018 17:10:00 -0400

Congress was back at it this week, trying to reach an agreement on spending. If there's no bill in place by midnight Friday, we'll see another government shutdown. In the middle of the battle, there may be a twist: the rush to regulate online sales tax.

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Taxes From A To Z (2018): H Is For Hobby Loss Rules

Mon, 19 Mar 2018 12:17:00 -0400

It's Taxes From A to Z! H is for Hobby Losses.

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Ask Larry: ​​​​​​What Earnings Are Subject To The Earnings Test?

Mon, 19 Mar 2018 09:27:00 -0400

Today’s column examines what counts under the earnings test, when the earnings test applies, whether to file early, the effects of early retirement benefits on survivor benefits and spending down other resources to allow delaying Social Security.

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7 Easy Tax-Saving Tips For Small Business Owners

Mon, 19 Mar 2018 08:54:00 -0400

Time is money, and you shouldn't waste either. Here are 7 quick and easy tips to lower tax bill without taking a ton of time.

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Stormy Daniels Returning $130K Trump Settlement Won't Escape IRS Taxes

Mon, 19 Mar 2018 08:54:00 -0400

Trump and Stormy Daniels may be suing each other, and she has volunteered to cancel her prior settlement. But would IRS agree?

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Roth IRA: A 'Long Game' Strategy For Your Child's Home Ownership Dream

Mon, 19 Mar 2018 08:00:00 -0400

The Roth IRA is a powerful retirement tool and one that many parents should encourage their children to fund if they meet the requirements. But the Roth IRA is also a way to start saving for a first time home purchase - provided you follow the IRS rules.

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Selling Your Business In 3 To 5 Years? Buy Another Company Now - Part 3

Sun, 18 Mar 2018 13:05:00 -0400

What are you going to tell me about my company -- that I’ve been running for 20 or 30 years -- that I don’t already know? Try buying a company and you'll learn what kind of blind spot owners have . . . including yourself. When you find issues in a target, always be willing to pull out of a deal.

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Appellate Court Deals Fiduciary Financial Advice Rule Major Blow

Fri, 16 Mar 2018 12:23:00 -0400

A new court ruling out of the Appellate division vacates the DOL fiduciary rule, leaving the future of fiduciary advice and the rule in further limbo.

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Tillerson, Section 1043 And The Myth Of The One-Year Rule

Fri, 16 Mar 2018 10:46:00 -0400

A quick primer on the tax aspects to Secretary Tillerson's firing. Answering questions about the history of the tax deferral statute including, the myth of the one year rule, the tax benefits and the why the rule exists.

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Ask Larry: ​​​​​​Can My Wife Suspend Now And Take Spousal?

Fri, 16 Mar 2018 09:34:00 -0400

Today’s column addresses when benefits can be suspended, the effects of suspending on benefit amounts, the availability of spousal benefits, the effects of public pension spousal benefits on Social Security benefit amounts and potentially available benefits beyond SSDI.

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How IRS Tax Scammers Steal Your Identity

Fri, 16 Mar 2018 09:16:00 -0400

Scammers are working overtime to steal your financial information. Here's how to avoid problems.

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Taxes From A To Z (2018): G Is For Ghost Preparer

Fri, 16 Mar 2018 09:04:00 -0400

It's Taxes From A to Z. G is for Ghost Preparer.

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How Do I Know If My Home Equity Loan Is Tax Deductible?

Fri, 16 Mar 2018 04:20:00 -0400

Looking to tap into your home equity with a HELOC? The GOP Tax Plan may have made this move a lot more expensive. Find out here if your mortgage debt is still tax deductible.

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California May Drop Cannabis Taxes To Give Legal Sellers A Boost

Thu, 15 Mar 2018 22:48:00 -0400

Lawmakers have proposed a measure that could give state businesses some extra green for the task ahead.

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RMD Strategies for Your Retirement Accounts

Thu, 15 Mar 2018 16:49:00 -0400

It’s almost April 1. That means its required minimum distribution (RMD) time for senior Americans.

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7 Reasons To Revisit Your Estate Plan, Trump Tax Law Aside

Thu, 15 Mar 2018 15:36:00 -0400

Trump may have recently passed the “Tax Cuts and Jobs Act” (TCJA), but here are the 7 nontax reasons you should revisit your estate plan and possibly update your prior documents.

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Taxes From A To Z (2018): F Is For Found Money

Thu, 15 Mar 2018 14:02:00 -0400

It's Taxes from A to Z. F is for Found Money.

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Grain Glitch Fix Unfair To Worker Cooperatives - And Stormy Daniels Tax Update

Thu, 15 Mar 2018 13:54:00 -0400

Special treatment of cooperatives under 199A may be less generous and restricted to agriculture cooperatives and how Stormy Daniels account for her $130,000 payback.

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What The New Tax Law Means For Your Charitable Giving

Thu, 15 Mar 2018 11:49:00 -0400

The new tax law has big implications on giving to charity. Here's a rundown of the changes and ways to give wisely as a result.

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Ask Larry: ​​​​​​Can I Really Get Spousal Before My Spouse Files?

Wed, 14 Mar 2018 09:53:00 -0400

Today’s column examines when spousal benefits become available, how spousal benefits are calculated, potential complications in sequencing benefits for married couples, spousal benefits and disability benefits and the combined family maximum.

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Why Trump's Tax Reform Will Spark Continued Small Business Growth

Wed, 14 Mar 2018 09:00:00 -0400

As the positive ramifications of the tax plan are felt, new jobs become available and wages go up, it’ll be clear that even the tax cuts directed at businesses are actually helping people.

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How To Lower Your Tax Audit Risk - 4 Helpful Tips

Wed, 14 Mar 2018 04:30:00 -0400

Do you want to avoid the nightmare of an IRS tax audit? We share 4 simple tips to help keep you our of the crosshairs of a tax auditor.

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Tax Extensions: 12 Tips To Save You Money

Tue, 13 Mar 2018 21:43:00 -0400

The good news is traders don’t have to rush completion of their tax returns by April 17. They should take advantage of a simple one-page automatic extension along with payment of taxes owed to the IRS and state. Most active traders file extensions, and it’s helpful to them on many fronts.

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Taxes From A To Z (2018): E Is For Enrolled Agent

Tue, 13 Mar 2018 20:04:00 -0400

It's Taxes From A To Z. E is for Enrolled Agent.

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IRS Announces End To Offshore Voluntary Disclosure Program

Tue, 13 Mar 2018 17:40:00 -0400

The Internal Revenue Service (IRS) has announced that Offshore Voluntary Disclosure Program (OVDP) is coming to a close. The program, which has been around in its current form since 2014, will officially end on September 28, 2018.

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IRS Grants Extra Days To Request Extension Following Winter Storms

Tue, 13 Mar 2018 14:51:00 -0400

The IRS is providing limited tax relief to victims and tax professionals affected by last week’s storm that primarily hit portions of the Northeast and Mid-Atlantic.

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7 Big Estate Planning Mistakes: Leaving A Messy Estate

Tue, 13 Mar 2018 11:46:00 -0400

Perhaps the last and best test of how much you care about your survivors and legacy is the level of organization of your estate. It's one factor your survivors definitely will remember.

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She Won The $560 Million Powerball -- And Immediately Regretted This

Tue, 13 Mar 2018 08:32:00 -0400

If you win the lottery, make sure to do this one thing.

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Taxes From A To Z (2018): D Is For Direct Deposit

Mon, 12 Mar 2018 17:27:00 -0400

It's Taxes from A to Z. D is for Direct Deposit.

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Want To Fund Your HSA For 2018? Read This First

Mon, 12 Mar 2018 11:39:00 -0400

Health Spending Accounts are a great way to save for health care and retirement costs - and they provide significant tax benefits. However, in March, the IRS has abruptly lowered the amount a family can fund for 2018. For many, it will be a hassle to fix.

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Wages Can't Buy Everything

Mon, 12 Mar 2018 10:10:00 -0400

Companies are right to use their tax windfall to increase worker pay, but they have to do much more than that if they want to keep and inspire employees in the tightening labor market.

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Tax Reform Provides Boost To Small Business Retirement Plans

Mon, 12 Mar 2018 09:42:00 -0400

The Tax Cuts and Jobs Act is going to have a lot of unintended consequences—some good and some bad. One encouraging impact that the new tax reform could have is to increase the number of defined benefit and cash balance retirement plans set up by small businesses.

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Ask Larry: ​​​​​​How Does Recent Income Level Affect Benefit Amounts?

Mon, 12 Mar 2018 09:37:00 -0400

Today’s column addresses how benefits are determined by income, when to submit an application, the earnings test and disability benefits, filing with multiple exes and the effects of the earnings test on standard retirement benefits.

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New Tax On Lawsuit Settlements -- Legal Fees Can't Be Deducted

Mon, 12 Mar 2018 08:54:00 -0400

New tax laws make many legal settlements 100% taxable--even the portion paid to contingent fee lawyers that now can no longer be deducted.

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How To Get Around The New Tax Law's Barriers To Charity

Mon, 12 Mar 2018 08:03:00 -0400

The new tax law makes giving to charity more difficult. But there are some tricks to getting around those barriers.

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5 Inherited IRA Mistakes That Will Destroy Your Inheritance

Mon, 12 Mar 2018 06:37:00 -0400

If you are lucky enough to receive an inheritance, don't blow it. Avoid these mistakes to ensure you don't cause a deadly error with an inherited IRA.

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Daylight Saving Time Tied To Energy Policy & Saving Money

Sun, 11 Mar 2018 10:53:00 -0400

Think you know why we have Daylight Saving Time? It's really about money and energy policy. Here's the scoop.

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Should You Pay Off Credit Cards With A 401(k) Loan?

Sun, 11 Mar 2018 10:00:00 -0400

If high interest debt is causing you to lose sleep, it can be really tempting to take a loan from your retirement plan to pay it off. It could be the step that gets you back on track financially or sends you off the financial cliff. This is a high-risk decision.

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Taxes From A To Z (2018): C Is For Choate

Sat, 10 Mar 2018 20:57:00 -0500

Taxes from A to Z: C is for Choate.

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Is The $130,000 Paid To Stormy Daniels Tax Deductible? Yes For Michael Cohen; For Trump, Not So Much

Sat, 10 Mar 2018 13:59:00 -0500

There is a pretty good theory for Michael Cohen deducting the $130,000 paid to porn star Stormy Daniels. Donald Trump not so much.

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Taxes From A To Z (2018): B Is For Bonus

Fri, 9 Mar 2018 17:30:00 -0500

Taxes From A to Z: B is for Bonus.

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7 Big Estate Planning Mistakes: Losing The Portability Of A Spouse's Unused Exemption

Fri, 9 Mar 2018 16:27:00 -0500

A married couple can avoid estate and gift taxes on up to $22.36 million in assets, but only if an executor doesn't make a key oversight.

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IRS Has More Than $1.1 Billion In Unclaimed Tax Refunds

Fri, 9 Mar 2018 15:20:00 -0500

The Internal Revenue Service (IRS) has announced that more than $1.1 billion in outstanding refunds remain unclaimed from 2014. That represents an estimated one million taxpayers who might have qualified for a refund but who did not file a federal income tax return for 2014.

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Should I Be Afraid Of The Home Office Deduction?

Fri, 9 Mar 2018 12:58:00 -0500

Looking to save money on taxes this year? Afraid of the Home Office Deduction? We cover the ins and out of the scary tax break - that could save you thousands of dollars per year.

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An Interview With David Kirk: Beware The New Excess Business Loss Limitation

Fri, 9 Mar 2018 10:38:00 -0500

The Tax Cuts and Jobs Act contained a provision that has garnered little attention, but stands to significantly increase taxes on a small portion of the population: Section 461(l), which limits a taxpayer to deducting up to $500,000 of business losses,. David Kirk explains how it works.

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Ask Larry: ​​​​​​Will My Income Wipe Out My Wife's Benefits?

Fri, 9 Mar 2018 09:31:00 -0500

Today’s column takes up the scope of the earnings test, spousal benefits and outside pensions, when spousal benefits become available, retroactive filing and SSA taxes on military pay.

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Scam Alert: Millennials Lose Money To Financial Scams More Than Seniors

Fri, 9 Mar 2018 08:02:00 -0500

In a new FTC report, Millennials in their 20s reported a median loss of $400.

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Taxpayer Wins Oregon Residence Income Tax Case In Spite Of The Basics

Fri, 9 Mar 2018 07:23:00 -0500

Taxpayers prove they were on the lower tax side of the Washington Oregon border despite some basic mistakes.

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Navigating The New 529 Rules -- The Land Of Wealth Transfer, Piggy Backs And Donor Advised Funds

Thu, 8 Mar 2018 19:17:00 -0500

Thinking about taking advantage of the new tax rules on 529 plans for primary and secondary private school tuition? Before you proceed, the new rules have some pitfalls and hidden agendas to be aware of.

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Trump: Damn The Torpedoes, Full Speed Ahead With Punitive Tariffs

Thu, 8 Mar 2018 14:21:00 -0500

Friend or adversary, trade rule violator or not, every country gets the same treatment, the president effectively says.

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Taxes From A To Z (2018): A Is For Annual Contribution Limits

Thu, 8 Mar 2018 12:06:00 -0500

Taxes From A to Z: A is for Annual Contribution Limits.

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Ask The Taxgirl: Is The NRA A Charity?

Thu, 8 Mar 2018 09:23:00 -0500

It's Ask the Taxgirl. Today, I tackle the question of whether the NRA is a charity.

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How Do Estate And Inheritance Taxes Affect Entrepreneurs?

Wed, 7 Mar 2018 15:44:00 -0500

We look at data from two sources to explore how estate and inheritance taxes (or wealth transfer taxes) affect entrepreneurs and would-be entrepreneurs. It's complicated.

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Stormy Daniels And The $130,000 - Based On Agreement, I Call It Capital Gain

Wed, 7 Mar 2018 10:10:00 -0500

Lawsuit filed yesterday includes copy of "hush agreement" between Trump and porn star Stormy Daniels. I explore the tax implications of the payment to Stormy.

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Ask Larry: ​​​​​​When Can I Go From Spousal To Retirement Benefits?

Wed, 7 Mar 2018 09:38:00 -0500

Today’s column explores the repercussions of moving from spousal benefits to retirement benefits, when it's possible to restrict an application, the availability of survivor's benefits, spousal benefits after filing for retirement benefits and divorced spousal benefits.

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States Propose Voluntary Taxes To Circumvent Federal Property Tax Reforms

Wed, 7 Mar 2018 09:21:00 -0500

States with expensive real estate are not happy about the new tax plan. The situation has gotten so tense that governors in New York, New Jersey, and Connecticut have formed a coalition to sue the federal government.

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Why The IRS Doesn't Want To Arrest Me

Wed, 7 Mar 2018 09:01:00 -0500

Scamsters have a new way to swindle you during tax time. Here's how to protect yourself.

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New: IRS Announces 2018 Tax Rates, Standard Deductions, Exemption Amounts And More

Wed, 7 Mar 2018 08:23:00 -0500

The Internal Revenue Service (IRS) has (finally!) announced a number of tax-related provisions for 2018, including, of course, the latest tax rate schedules and tax tables. This announcement is the official interpretation of the Tax Jobs and Cuts Act of 2017.

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Are You Ready For Tax Reform? Six Ways Your Business Can Prepare Now

Wed, 7 Mar 2018 07:00:00 -0500

Members of Forbes Finance Council discuss what businesses should do to prepare for the changes to the tax law.

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Tax Cuts, Defense Spending Hikes & Land Rights: The Standout Policy Shifts At China's National People's Congress

Tue, 6 Mar 2018 22:07:00 -0500

China's National People's Congress, which opened on March 5, is widely viewed as a rubber stamp parliament. But that doesn't mean there aren't highlights worth mentioning.

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Phone Scams Remain on IRS 'Dirty Dozen' List of Tax Scams

Tue, 6 Mar 2018 14:12:00 -0500

The Internal Revenue Service (IRS) is reminding taxpayers about continuing aggressive phone scams. Those phone scams are "a major threat to taxpayers" and as such, continued to hold down a top spot on the IRS "Dirty Dozen" list of tax scams for the 2018 filing season.

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7 Big Estate Planning Mistakes: Leaving Assets Outright To Adult Children

Tue, 6 Mar 2018 11:30:00 -0500

It's seems natural to leave wealth directly to adult children. But that overlooks some potential pitfalls and some opportunities to make your wealth last longer.

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March 15 Is Tax Deadline For S-Corp And Partnership Extensions And Elections

Tue, 6 Mar 2018 10:05:00 -0500

March 15, 2018, is the deadline for filing 2017 S-Corp and partnership tax returns, or extensions, 2018 S-Corp elections, and 2018 Section 475 elections. Don’t miss any of these tax filings or elections; it could cost you.

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The Forbes 2018 Tax Guide

Mon, 5 Mar 2018 14:40:00 -0500

Advice on filing your 2017 tax return, making the most of thenew tax law and avoiding tax scams and headaches.

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Hedge Fund Billionaire Ray Dalio Calls Trump's Trade War Talk 'Political Show'

Mon, 5 Mar 2018 11:33:00 -0500

President Trump's trade war rhetoric is "political show" and his current set of tariffs shouldn't have much of an economic impact, says hedge fund billionaire Ray Dalio.

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Ask Larry: ​​​​​​Will Early Spousal Reduce A Later Widow's Benefit?

Mon, 5 Mar 2018 09:36:00 -0500

Today’s column addresses the effect of filing early might affect eventual widow(er)'s benefits, the reach of earnings deductions, potentially forfeited benefits, sequencing retirement and survivor's benefits and the effects of public pensions on Supplemental Security Income (SSI) benefits.

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What Secrets Are Hiding In The New Acronyms Of Tax Reform?

Mon, 5 Mar 2018 09:23:00 -0500

As accounting firms, corporate tax departments, and CFOs start digesting the new tax law, there are still a fair amount of quizzical looks out there when tax pros start rattling on about BEAT, FDII, GILTI, and QBAI. So consider this your guide to the new alphabet soup of corporate tax reform.

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New Tax Law Immediate Write-Off Increases Demand For Tax Savvy Engineers

Sun, 4 Mar 2018 17:04:00 -0500

Ability to expense significant portion of building projects introduced by the Tax Cuts and Jobs Act should heighten demand for cost segregation professionals. How do you sort out who is qualified?

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A Tax Guide To MLP Funds

Sun, 4 Mar 2018 15:15:00 -0500

Some funds owe corporate income tax. Do their shareholders understand what’s going on?

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Get Ready: Here Comes Yet Another BS* Budget Commission

Sun, 4 Mar 2018 07:00:00 -0500

The new budget supercommittee isn't just utter nonsense, it's an insult to our intelligence.

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U.S. IRS Reveals 100M Eligible For Free Tax Preparation After Refunds Confirmed

Sat, 3 Mar 2018 15:43:00 -0500

With tax season in the U.S. underway with a filing deadline next month of April 17 looming, the Internal Revenue Service (IRS) has said over over 100 million people (70%) qualify for free tax filing. It follows confirmation by the IRS of tax refunds in recent days at the end of February.

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IRS Confirms That Previously Delayed Tax Refunds Should Be Arriving Soon

Fri, 2 Mar 2018 14:28:00 -0500

The Internal Revenue Service (IRS) has announced that tax refunds for taxpayers who claimed the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) should begin arriving in bank accounts or on debit cards this week.

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Dr. Seuss, Rewritten: Thefts, Schemes & Scams

Fri, 2 Mar 2018 12:11:00 -0500

Over the past few years, on Dr. Seuss' birthday, I’ve mixed a little tax in with my Seuss. This year, I've re-written "Green Eggs and Ham" to be "Thefts, Schemes and Scams."

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Taxation Of Cryptocurrency Proof Of Stake Transaction Fees

Fri, 2 Mar 2018 12:07:00 -0500

Proof of Stake is a new way to validate cryptocurrencies. Learn how the PoS system works and how the activity may effect your income and its tax implications.

Ask Larry: ​​​​​​How Much Will My Wife Get?

Fri, 2 Mar 2018 09:46:00 -0500

Today’s column examines spousal benefits, possibly available benefits, withdrawing ––– which is distinct from suspending! ––– along with filing early and the Windfall Elimination Provision invoked by some public pension.

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Oscars $100K Swag Bag's Taxing Price Tag

Fri, 2 Mar 2018 08:52:00 -0500

The glitz of the Oscars brings out the IRS, with big taxes on all that free merchandise. But isn't it a gift?

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Reverse Sales Tax Audit For Manufacturers: The Tax-Saving Measure You Could Be Missing

Fri, 2 Mar 2018 08:00:00 -0500

Any time a manufacturer undertakes an expansion project, renovation, process overhaul or major investment, a reverse sales tax audit should come into play.

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EIS Tax Relief: The Investors' Best-Kept Secret That Wealth Managers Aren't Sharing With You

Fri, 2 Mar 2018 03:05:00 -0500

The Enterprise Investment Scheme (EIS) can reduce your capital at risk to less than 40% of the amount you invest. Despite this, the scheme continues to face a significant hurdle. People simply don’t seem to know what it is.

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As Trump Talks Tariffs, Here's What You Need To Know

Thu, 1 Mar 2018 16:05:00 -0500

At a press meeting earlier today, President Donald Trump announced that he would impose tariffs on imported steel and aluminum. So what is a tariff and how does it work?

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Exclusive: How Jeffrey Altman Gained 21% By Avoiding FANG Stocks And Betting Against Bill Ackman

Thu, 1 Mar 2018 15:03:00 -0500

Owl Creek's Jeff Altman gained over 21% net of fees by finding opportunity in everything from shorting Toy’s R Us bonds, to going long the restructuring of casino giant Caesars Entertainment and betting against Bill Ackman’s multi-year battle against Herbalife.

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IRS Releases Updated Withholding Calculator And Form W-4 For 2018

Wed, 28 Feb 2018 21:08:00 -0500

The Internal Revenue Service (IRS) has released an updated Withholding Calculator and form W-4 which reflect changes under the new tax law.

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Figuring Out Your Form W-4 Under The New Tax Law: How Many Allowances Should You Claim In 2018?

Wed, 28 Feb 2018 21:00:00 -0500

Wondering how to fill out your form W-4? Here's what you need to know about the updated form for 2018.

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