The COVID-19 pandemic-induced push into working from home (WFH) now seems to be a permanent part of the labor market, according to some experts. But others think business cycles and employer needs may eventually push more people back into the office. While WFH is clearly important now, it could change, given the divergent interests of
Taxes
When charitable appeals arrive for Giving Tuesday, most people turn to their checkbooks or payment cards. Some people, and the objects of their giving, would be better off making the contributions from traditional IRAs. The best way for some people to make charitable gifts is the qualified charitable distribution (QCD), also known as the charitable
Today’s Social Security column addresses questions about how deductions due to the earnings test can affect future benefit rates, whether to take spousal benefits at 62 and whether high earners should wait until 70. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc. See
At the holidays, many people give gifts or donations, but telling them apart can be important for tax purposes. The holiday season starts with Thanksgiving. The classic O. Henry story Two Thanksgiving Gentlemen illustrates the giving spirit. Each year, a homeless man receives a grand dinner hosted by a successful businessman. Ironically, the businessman is
Tax Notes contributing editors Robert Goulder and Joseph J. Thorndike break down the 2022 congressional midterm election results and their potential effects on tax policy. This transcript has been edited for length and clarity. Robert Goulder: Hello, everyone. I’m Bob Goulder with Tax Notes. Together with my colleague Joe Thorndike, we’re going to review the