According to the National Law Center on Homelessness & Poverty, there is no clear rule to the effect that living in the land of the free and the home of the brave gives one a right to housing. Nonetheless, the Federal Government has supported affordable housing, in one way or another since the Great Depression. I haven’t found
Taxes
This year and perhaps next could turn out to be the best time to convert a traditional IRA to a Roth IRA. Income tax rates are likely to increase in the coming years. This year’s tax rates could be the lowest for the rest of our lifetimes. Lifetime income taxes could be substantially lower if
Today’s column addresses questions about retirement benefits after spousal benefits and possibly filing for and suspending retirement benefits, whether pensions count as income under the earnings test and when to apply for survivor’s benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which
The Biden Administration and Congress have proposed sweeping changes to the way long term capital gains are taxed both during your lifetime and after your death. Although none of these proposals are final, and may never become final, they do raise the question of what tactics are available to reduce or defer the taxes on appreciated
The promoters of Monetized Installment Sales got some bad news from the IRS earlier this month. The IRS released an analysis done by the Office of Chief Counsel outlining six, count them six, ways in which the transaction does not work as the promoters claim. The release will not stop the industry in its tracks, but it