By Michelle V. Rafter, Next Avenue Contributor Getty Whether you’ve freelanced for years or are contemplating a late-career switch to becoming a self-employed freelancer, there are a few ways to boost your chances of success. According to data from the recently released report, Freelancing in America: 2019, from Freelancers Union and the online freelance platform
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The IRS has selected nine new members for its Electronic Tax Administration Advisory Committee. The committee’s aim is to prevent identity theft and refund fraud in support of paperless filing of tax and information returns. ETAAC members work closely with the Security Summit, a joint effort of the IRS, state tax administrators and the tax
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A interview with billionaire debt investor and founder of Oaktree Capital Management, Howard Marks. In this interview, Howard discusses why value investors have struggled in recent times and what points of the cycle provide the best investment opportunities. Howard also talks about his early career and gives advice to those just starting out in asset
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Tax Bulletins usually clarify the application of existing laws and regulations to new or disputed circumstances, but for the second time in as many years, Pennsylvania’s Department of Revenue arguably went further, adopting new nexus standards for corporate income tax purposes in a bulletin. The action has left some policymakers and practitioners perplexed about both
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Key Findings Currently, the home mortgage interest deduction (HMID) allows itemizing homeowners to deduct mortgage interest paid on up to $750,000 worth of principal, on either their first or second residence. This limitation was introduced by the Tax Cuts and Jobs Act (TCJA) and will revert to $1 million after 2025. In 2018, less than
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Since passage of the Tax Cuts and Jobs Act, taxpayers and preparers have been adjusting strategy to optimize the significant changes of 2018. With one TCJA filing season down, I’ve taken stock of some of the not-so-common tax situations encountered and the strategies developed to work around them this year. While not all-encompassing, this list
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As you read the intro to this article, you might start to question where I’m going with all of this as I dig into the business model of coffee shops. But bear with me: I have a point — a crystal clear point to make. As a dedicated coffee drinker, I’m a frequent patron of
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An interview and Q&A with billionaire and founder of the quantitative hedge fund Renaissance Technologies, James Simons. In this interview, James discusses his quantitative approach to investing and how this has evolved over his career. James also talks about fundamental trading and how his management style has helped make Renaissance Technologies so successful. Like if
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Jordan Katzman, co-founder of SmileDirectClub Inc., left, and Alex Fenkell, co-founder of SmileDirectClub Inc., watch traders during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 12, 2019. Michael Nagle | Bloomberg | Getty Images Shares of SmileDirectClub plummeted more than 13%, on Monday after California Governor
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Senator Chuck Grassley in his own letter is cautioning the IRS about Senator Ron Wyden’s letter urging the IRS to investigate the NRA. Wyden refers to a report by the Senate Finance Committee Minority Staff – The NRA And Russia – How A Tax-exempt Organization Became a Foreign Asset. Mariia Butina, leader of a pro-gun
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