Taxes

getty While the price of gold rose to new highs during the summer, you probably saw a number of ads recommending investing in gold through an IRA. You’re probably also aware that gold is a “collectible,” and that IRAs aren’t allowed to own collectibles. Both those thoughts are correct. Gold is a collectible, but there
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Economic Security Planning, Inc. Today’s column addresses questions about what happens to benefits lost to the earnings test, filing for spousal benefits before full retirement age, available benefits with multiple exes and survivor benefits and the earnings test. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
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Phil Murphy, governor of New Jersey, in 2019 when he again proposed a millionaire’s tax. The … [+] proposal ultimately succeeded this week. Photographer: Ron Antonelli/Bloomberg © 2019 Bloomberg Finance LP New Jersey has approved a millionaire’s tax, making it the fourth state (including Washington, D.C.) to do so. The agreement reached Thursday between Gov.
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Years ago, when entertainer Jimmy Durante ended an appearance — whether live or on television — he would always sign off with his trademark catchphrase, “Good night, Mrs. Calabash, wherever you are.”  It was a tribute to his first wife who died in 1943, which he would continue until his retirement nearly 30 years later.
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getty Gold is a hot investment again. There are a lot of ways to invest in gold, and there are different tax consequences for each of these methods. Gold investors aren’t going to have equal after-tax returns, and part of the reason is the differing tax treatments of the ways to invest in gold. Consider
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Watch Tax Notes International contributing editors Robert Goulder and Nana Ama Sarfo discuss the tax development of OECD, how it compares to that of the U.N., and the OECD’s past and present international tax reform efforts. Here are a few highlights . . . On the history of the League of Nations and the United Nations Nana
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Representative Josh Gottheimer, a Democrat from New Jersey and co-chair of the House Problem Solvers … [+] Caucus, center, speaks during a news conference at the U.S. Capitol in Washington, D.C., U.S., on Tuesday, Sept. 15, 2020. A 50-member group of House Democrats and Republicans released a $1.52 trillion coronavirus stimulus plan today in a
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Economic Security Planning, Inc. Today’s column addresses questions about potential effects of Social Security’s earnings test on spousal benefits, whether benefits lost to the earnings test are repaid and getting retirement benefits after survivor benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc,
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Topline President Trump’s controversial nominee for the Federal Reserve board, Judy Shelton, does not currently have enough votes in the U.S. Senate to win confirmation, according to comments from Senator John Thune (R-SD) that were first reported by Bloomberg. Republicans are still hoping to garner the votes needed to confirm Shelton’s nomination to the …
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