Before you get wrapped up in the upcoming string of holidays and the inevitable bustle that goes with it, financial advisors recommend dedicating some time to taxes. And no, they're not trying to be funny. The fact is this: If you want to reduce your 2016 tax bill, most of the available strategies must be [...]
The U.N. health agency on Tuesday recommended that countries use tax policy to increase the price of sugary drinks like sodas, sport drinks and even 100-percent fruit juices as a way to fight obesity, diabetes and tooth decay. The World Health Organization, in a statement timed for World Obesity Day, said that the prevalence of [...]
This U.S. presidential campaign, and particularly that of Democratic Senator Bernie Sanders of Vermont, moved the issue of income inequality front and center. Now there are some new numbers in that department, and they won’t make many people happy. At best, maybe just 1 out of 100. The top 1 percent of Americans as measured [...]
At least 2.5 million Americans who currently purchase individual health insurance plans would qualify for tax credits if they bought coverage through the marketplace next year. On Tuesday, HHS revealed that six states, including California, Florida, Illinois, North Carolina, Pennsylvania and Texas each have more than 100,000 people whose incomes may qualify them for marketplace [...]
A third of small to medium-sized businesses (SMBs) have no idea what ransomware is or how devastating the malware can be, highlighting a series lack of understanding which could seriously harm today's companies. According to new research released by antivirus firm AVG on Tuesday, too many businesses are unaware of how dangerous ransomware can be [...]
, and you’re probably exempt from paying sales tax on your inventory or raw materials. But what about the supplies you buy for consumption in your business? If you’re not paying sales tax on those purchases, you may owe consumer use tax. And if you’re not charging tax on products you sell to your customers, [...]
WASHINGTON — The Internal Revenue Service and its Security Summit partners today issued an alert to taxpayers and tax professionals to be on guard against fake emails purporting to contain an IRS tax bill related to the Affordable Care Act. The IRS has received numerous reports around the country of scammers sending a fraudulent version [...]
WASHINGTON – With a key certification deadline fast approaching, the Internal Revenue Service today urged employers to take advantage of a valuable tax credit designed to help those who hire long-term unemployment recipients, certain veterans, recipients of various kinds of public assistance and other workers who face significant barriers to employment. The Protecting Americans from [...]
The nation’s leading small business trade group on Tuesday asked the Labor Department to delay a new rule making millions of Americans eligible for overtime pay, saying employers aren’t prepared to implement it when it goes into effect Dec. 1. “In many cases, small businesses must reorganize their work forces and implement new systems for [...]
Divorce among couples near retirement age has its own custody complications: how to divvy up the retirement accounts. For baby boomers, divorce is soaring. The divorce rate among adults over age 50 doubled between 1990 and 2014, according to a report by the National Center for Family & Marriage Research. For those over 65, divorces [...]
