Economic Security Planning, Inc. Today’s column addresses questions about how continuing income can potentially increase benefit rates, whether delaying the last six months before turning 70 would really be worth it and what happens to Social Security disability benefits approaching full retirement age. Larry Kotlikoff is a Professor of Economics at Boston University and the
Taxes
SAN FRANCISCO, CA – FEB. 8: Minerva Pacheco (center) and her children Brian Martinez Pacheco, 7 … [+] (left) Daniel Martinez Pacheco, 8, (right), and daughter Iris Martinez Pacheco, 11, at their home. (Gabrielle Lurie/The San Francisco Chronicle via Getty Images) Hearst Newspapers via Getty Images The plan to expand the Child Tax Credit (CTC)
United States Flag Capitol State Building during Covid19 2020 novel coronavirus Pandemic, 3d virus … [+] medical model, Washington DC, USA getty In the latest episode of the long-running soap opera over the state and local tax deduction, the New Jersey delegation to the House framed removing the current deduction limit of $10,000 as COVID
President Biden is determined to provide a third round of COVID stimulus to the American people, and with Democrats in control of both the House of Representatives and the Senate, there are few fiscal or procedural impediments to doing just that. WASHINGTON, DC – FEBRUARY 09: Secretary of the Treasury, Janet Yellen looks on as
VAT remains at the forefront of the UK tax authority’s (HMRC’s) Making Tax Digital (MTD) plans, which aim to make HMRC a “world-leading, digital tax authority.” The next phase of MTD takes effect this year, for VAT return periods starting after April 1 2021. The changes have extensive application and will be relevant to most