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A big cut in the payroll tax is high on President Donald Trump’s wish list for the next coronavirus response bill, but the idea is getting the brushoff from newly cost-conscious Republicans and Democrats who would rather send aid to people who aren’t getting a paycheck. Original Article Posted at : https://www.accountingtoday.com/articles/trump-pursues-payroll-tax-cut-as-gop-democrats-look-elsewhere
Read MoreRich Americans are taking advantage of an unprecedented opportunity, made possible by the coronavirus pandemic, to transfer money to their children and grandchildren tax-free. Original Article Posted at : https://www.accountingtoday.com/articles/rich-americans-seize-historic-chance-to-pass-on-wealth-tax-free
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Dr. Anthony Fauci looks tired. His voice is raspy at times. He has become the face of resistance to the COVID-19 pandemic in the U.S. He is present at the daily White House briefings and various networks throughout the day, allaying people’s fears and answering questions. He does yeoman service to this country. Do we…
Read MoreData updated daily Constituents updated annually Retirees face several unique challenges from an investment perspective. One is the desire to have a consistent amount of passive income being generated each month. In order to do this, retirees need information and data on what stocks pay dividends in each month of the calendar year. That’s where…
Read MoreData updated daily Constituents updated annually Retirees who rely on a portfolio of high-quality dividend growth stocks to cover their living expenses have their work cut out for them. Creating a portfolio that pays a similar amount of dividend income each much is harder than it sounds. That’s where Sure Dividend comes in. We maintain…
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Insurance-linked securities (ILS) have once again demonstrated their lack of correlation to global financial markets in proving themselves “largely immune” to Covid-19 related volatility, Dirk Lohmann has said. Insurance-linked securities (ILS), such as catastrophe bonds and other collateralised reinsurance structures, proved themselves resilient in the face of the Covid-19 coronavirus pandemic, according to Dirk Lohmann,…
Read MoreSmall businesses that manage to get their Paycheck Protection Program loans forgiven may find themselves losing valuable tax breaks, according to new guidance from the Internal Revenue Service. Original Article Posted at : https://www.accountingtoday.com/articles/irs-denies-deductions-for-forgiven-paycheck-protection-loans
Read MoreIf you are among the 16 million self-employed Americans, you might have assumed that the recent flurry of federal aid for struggling workers doesn’t apply to you. After all, the self-employed are often left out of unemployment programs. But this time you’d be wrong. Recent federal laws have established multiple types of financial relief for…
Read MoreGot stress? If the answer is “yes,” maybe it’s time to simplify your life, both financially and otherwise. There are plenty of simple ways to do it, and when you do, you’ll find yourself with more free time and much less stress. That’s what we’re talking about in this week’s podcast. As usual, I share…
Read MoreThis post comes from partner site WhistleOut.com. While some parts of the country are trying to slowly reopen their businesses, the economic impact of the pandemic has been brutal and the economic uncertainty is likely to be with us for a long time to come. Deals to save money on just about anything are very…
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