Topline An increasing number of Wall Street experts are now forecasting a possible economic downturn on the horizon, with alarms growing louder after the widely-observed yield curve inverted last week and indicated a looming recession. Key Facts Deutsche Bank on Tuesday became the first major bank on Wall Street to forecast a recession next year,
Taxes
Today’s Social Security column addresses questions about whether people who hadn’t filed yet missed the January 2022 5.9% COLA, spousal benefit rat4es after early retirement benefits and switching to retirement benefits after early survivor’s benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc.
The advent of cryptocurrency has added a new dimension to the realm of taxation, as well as finance. One might even say it has created a whole new world. Unlike fiat money, cryptocurrency is not governed by a central banking authority to regulate monetary policy by managing the supply of notes and specie, setting interest
This week, President Biden proposed two new taxes on the very rich. A minimum income tax that Biden calls a billionaire tax but would in reality apply to households with a net worth of $100 million or more. And a separate tax at death on gains from appreciated assets, even if the assets are not
The real estate market is hot, and home prices are skyrocketing, rents are too darn high, inflation is even hitting your utilities like gas, electric, internet and streaming services. For those of us who have been working from home for the past two years, you may be wondering if you can get a bigger tax