News & Perspective
Tax breaks face scrutiny over local hire. Companies that have tax abatements with Jefferson County could soon face greater scrutiny of their efforts to buy and hire from within the local area. As part of the tax breaks they get for having their op... Read More
Insurance policy avoid tax. The new hot thing in tax avoidance has a boring old name: insurance dedicated funds. Introduced in the 2000s, IDFs have become so mainstream that banks such as JPMorgan Chase and Co. and Goldman Sachs Group Co. are off... Read More
High earners leaving new york. Brenan Hefner is one of thousands of high earners who've left New York this year, an exodus that is deepening concerns over a projected $9 billion budget shortfall. While the city is no longer the national virus hots... Read More
Pelosi signals proposal not adequate. Speaker Nancy Pelosi signaled that there has been limited progress in negotiations with the White House over a coronavirus relief package, saying in a letter to her Democratic colleagues that a proposal presen... Read More
Second relief check how much money. How much money could you get if you qualify for a second stimulus check ? We can begin to count it up given what we know so far, especially now that there's hope that another coronavirus relief bill with a new r... Read More
Your taxes while receiving unemployment. Millions of Americans have lost their job during the COVID-19 outbreak and are relying on unemployment benefits as they pay their bills and re-start their career. That's a serious challenge they face right ... Read More
Final regulations for charities. The IRS issues final regulations on the treatment of payments made to charitable organizations in return for consideration, including in return for state and local tax credits. The regulations finalize proposed reg... Read More
Trumps taxes show system problem. The New York Times got its hands on decades of President Trumps tax information, and it paints a portrait of a man who used every tool at his disposal to avoid a bill from the IRS. According to the Times, he paid ... Read More
Virus will change next tax return. The coronavirus seems to be changing every aspect of life, even taxes. The pandemic prompted the IRS to push back the filing deadline for 2019 tax returns to July 15, and tax changes will continue into next year... Read More
Using life insurance for investment. There is, without a doubt, no type of insurance we like to think about less than life insurance. It's a financial product that, by its nature, is geared toward answering questions of when and how you'll die, po... Read More
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