Ask Larry Economic Security Planning, Inc. Today’s column addresses questions about eligibility to take retirement benefits at 70 after taking spousal benefits at full retirement age, filing early as the lower earner or delaying and finding current and future benefit estimates after filing for other benefits. Larry Kotlikoff is a Professor of Economics at Boston
Taxes
BROOKLYN, NEW YORK – DECEMBER 20: Dog waste overflows from a city trash can on December 20, 2020 in … [+] Brooklyn. A recent snow storm and budget cuts due to the COVID-19 crisis, feeds fears that daily life services, such as trash collection, have declined dramatically in New York City. (Photo by Andrew Lichtenstein/Corbis
UNITED STATES – FEBRUARY 10: Chairman Richard Neal, D-Mass., left, and ranking member Rep. Kevin … [+] Brady, R-Texas, talk during the House Ways and Means Committee markup on COVID-19 relief measures. (Photo By Tom Williams/CQ-Roll Call, Inc via Getty Images) CQ-Roll Call, Inc via Getty Images The major tax provisions of the pandemic relief
businessman chooses the path strategy 3d illustration getty In this installment of Willis Weighs In, Tax Notes contributing editor Benjamin M. Willis talks with DiAndria Green of Bennett Thrasher LLP, Amie Colwell Breslow of Jones Day, and Nicholas Kato of Leo Berwick about the twists and turns they encountered as tax professionals. From a lack
Businesses around the country have been slow to evaluate, or quick to assume they are ineligible for, the 2021 Employee Retention Credit (“ERC”). The result: a significant amount of cash is still being paid to the Federal government when it could remain with companies that need it. In 2021 the maximum amount of ERC is $7,000