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The idea of retiring in another country may be appealing, but don’t do so before weighing how living abroad will affect your lifestyle and finances. The cost of living can be cheaper outside the U.S., but there are many other issues to consider. They include your ability to adapt to a foreign culture, overcome language…
Read MoreThis story originally appeared on The Penny Hoarder. If lately it feels like your financial strategy has to change depending on the day — and sometimes the hour — it’s not just you. Unemployment rates hit a record high in April, and despite recovering somewhat since, there are still millions of people unemployed — and…
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The European Commission (EC) said yesterday that it has opened what it calls an “in-depth” investigation of the merger of insurance and reinsurance broking giants Aon and Willis Towers Watson (WTW), citing concerns over the potential impact to competition in some key markets. Specifically highlighted are concerns that Aon’s proposed acquisition of Willis Towers Watson…
Read MoreAttorney General William Barr said he sees no reason to appoint a special counsel to oversee an investigation of President-elect Joe Biden’s son, Hunter Biden, a statement sure to frustrate President Donald Trump and his closest advisers. Original Article Posted at : https://www.accountingtoday.com/articles/barr-snubs-trumps-demands-sees-no-counsel-in-biden-tax-case
Read MoreTucked in among more than 5,000 pages of legislative text, the congressional bill providing COVID-19 relief and 2021 government funding includes dozens of tax breaks for beneficiaries ranging from downtown restaurants and the film industry to motor-sports racetracks. Original Article Posted at : https://www.accountingtoday.com/articles/beer-restaurants-and-nascar-win-tax-breaks-in-virus-relief-bill
Read MoreThe latest round of coronavirus stimulus legislation introduced in Congress on Monday includes some major tax provisions and changes for accountants to watch out for in the New Year. Original Article Posted at : https://www.accountingtoday.com/news/new-coronavirus-stimulus-package-contains-some-big-tax-items
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“If I had $100 for every time I walked into a patient’s room, introduced myself as the doctor, and was immediately asked, ‘Hey, how old are you?’ I might be able to retire right now — at the age of 28. Of course, I am exaggerating, and yet this question echoes for my baby-faced colleagues…
Read MoreTax extenders are no stranger to hitching a last-minute ride on year-end legislation. This year they made another last-minute appearance, finding a hold in their own division of the 5,593-page bill to fund the government through the fiscal year and provide additional coronavirus relief through March. If you’ve followed the extenders debate, you know that…
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Sunday evening, leadership in the U.S. House and Senate came to an agreement over the details of a $900 billion coronavirus relief bill, to be attached to a broader $1.4 trillion omnibus which will fund the federal government for the 2021 fiscal year. Congress also voted to extend a continuing resolution (CR) to keep the federal…
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If the past year was dominated by the huge human costs of COVID-19, the next few years will be about its economic aftermath, including the alarming rise of US debt. What’s needed is multilateral cooperation – a new ‘Grand Alliance.’ Q3 2020 hedge fund letters, conferences and more On Friday, Congressional leaders failed to secure […]
The post Overstretch: The Long Shadow of Soaring US Debt appeared first on ValueWalk.
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