Getty Images It has not been easy for most American families during the Covid-19 pandemic. From lost jobs and reduced incomes to work and school from home, Americans are struggling to keep afloat financially. In fact, in a 2021 National Endowment for Financial Education (NEFE) survey, nearly 7 out of 10 people suffered a financial setback in
Taxes
United States Jigsaw Puzzle Pieces getty Morgan Scarboro of MultiState Associates discusses the tax topics state legislatures are likely to tackle this year. This post has been edited for length and clarity. Paul Jones: Hi, Morgan. Thanks for being here. Morgan Scarboro: Thanks so much for having me. Paul Jones: First, I wanted to talk about the elephant
regulations printed on rubber stamp getty Presidential vetoes are fairly common, though they seldom carry tax implications. There have been 40 presidential vetoes since the turn of the century. That includes 39 conventional vetoes plus a single pocket veto. If you’re keeping score, the tally is as follows: President Clinton vetoed seven bills during his last year in
Treasury Department records show that 2020 set a new record for the number of Americans who renounced their U.S. citizenship or gave up their long-term green cards. Common reasons for renouncing can be family, tax and legal complications for people who generally live outside the United States. There is an official list published quarterly, and the
be responsible and protect ecological environment, environmental protection symbol texture getty Last month gave us another building material reuse charitable deduction case. The Fourth Circuit sustained a district court decision that entirely denied any charitable deduction to Lawrence and Linda Mann for material from the tear-down of a Bethesda, Maryland house that went to Second Chance