Month: November 2018

A forthcoming spike in pressure on Chicago’s public employee pension system has mayoral candidates turning anywhere and everywhere for funding to make hundreds of millions of dollars in additional retirement payments. The latest proposal? A tax on the wages of those working in Chicago but living outside city limits. Bill Daley, among the candidates vying
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Just as several states have individual alternative minimum taxes (AMTs) that prevent households and pass-through businesses from claiming “too many” itemized deductions, some states levy corporate AMTs to prevent corporations from reducing their corporate income tax liability beyond a certain level. Most state corporate AMTs conform closely to the federal corporate AMT, which was established
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H&R Block has released its do-it-yourself desktop software for tax season 2019. Bloomberg Prices range from $19.95 for the Basic package to $79.95 for small-business owners. The software is available at hrblock.com and retail outlets across the country. Features include the ability to import tax information by dragging and dropping; free help and in-person audit
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Bull market business concept with a group of organized arrows going up as investor confidence in stock trading predicting future price increases as a financial symbol of profits.iStock They should be. Alternative investments are continuing to gain popularity for investors seeking to diversify their retirement plan assets, and advisors are taking notice. Savvy investors and their
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November’s sell-offs have pushed the popular FAANG stocks well below their average Wall Street price targets. Facebook, Apple, Amazon and Google parent company Alphabet are now at least 20 percent below analysts’ expectations, while Netflix is as much as 35 percent below its average target. Matt Maley, equity strategist at Miller Tabak, said FAANG’s recent
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Researchers at Tel Aviv University (TAU) have invented the first fully personalized tissue implant, engineered from a patient’s own materials and cells. According to lead researcher Prof. Tal Dvir, the new technology makes it possible to engineer “any kind of tissue” from one small fatty tissue sample and, after transplantation, efficiently regenerate any diseased or
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