admin

This week, Treasury Secretary Steven Mnuchin endorsed the idea of a global minimum tax following meetings with French Finance Minister Bruno Le Maire in Paris. Secretary Mnuchin was quoted as saying, “We think it’s very important, the concept of minimum taxes, and that there isn’t a chase to the bottom on taxation.” These comments are
0 Comments
Elon Musk isn’t being held accountable for his “mistruths,” and the Tesla CEO should list his company’s shares in Germany, where regulations are loose, short-seller and Musk critic Carson Block contended Friday. “There is a global war against truth,” the CIO of Muddy Waters told CNBC’s “Closing Bell.” “There are millions of people, presumably, that
0 Comments
Yesterday, Senate Finance Chairman Chuck Grassley (R-IA) and Senator Ron Wyden (D-OR) introduced a bill that would extend 29 currently expired tax incentives for 2018 and 2019. Extending temporary tax provisions is not good tax policy, and it’s an especially bad idea to do so retroactively and in the middle of the tax filing season.
0 Comments
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column responds to questions about restricted applications, the availability of spousal benefits after remarriage, divorced spousal benefit eligibility, retirement benefits when widow’s benefits are also available and spousal benefits after filing
0 Comments
ILLINOIS Ostrow Reisin Berk & Abrams, Chicago, announced new hires: Hesham Alkhulaqi and Matthew Temple as staff accountants, and Sarah Zambrano as a tax preparer, in the tax group; Steve Helm as a staff accountant in the audit group; and Charles Jakes, Jr., as an accounting clerk in the accounting department. KENTUCKY David Douglas was
0 Comments
More than 140 countries worldwide – including all European countries – levy a Value-Added Tax (VAT) on purchases for consumption. As today’s tax map shows, although harmonized to some extent by the European Union (EU), Europe’s VAT rates vary moderately across countries. The VAT is a consumption tax assessed on the value added to goods
0 Comments
Underfoot and underhanded; hysterical hysterectomy; no way to get a head; and other highlights of recent tax cases. Orlando, Fla.: A federal court has permanently barred Ndaiziwei Kaya Chipungu and Society Financial Solutions from preparing federal tax returns for others and from owning or operating a tax prep business. The government alleged that the defendants
0 Comments
Getty Imagine this: Your ex-spouse insists on claiming your child as a dependent without your consent. What do you do? A Princeville, Illinois, mom responded to this tax “emergency” by calling the police.  According to the Journal Star, on February 6, the woman called the Peoria County Sheriff’s Office to report “possible tax fraud.” The
0 Comments
Lawmakers have recently begun proposing different policy options that would change the U.S. tax system—ranging from wealth taxes to higher marginal income tax rates to increasing the estate tax. When discussing changes like these, it’s important to understand the composition of taxes under the current system. Using data from the Office of Management and Budget,
0 Comments
A Florida-based biotech and regenerative medicine company is progressing with clinical research studying the safety and efficacy of stem cell treatments for aging-related diseases. Longeveron is currently recruiting for an Alzheimer’s stem cell clinical trial, as well as one study examining stem cells to boost flu vaccine immune response in older patients and another expanding its work on
0 Comments