08/11/2023
The potential merger of the PGA and LIV is one of the biggest sports stories in years. We’ve got you covered when it comes to the possible tax implications.
Potential Tax Implications of the PGA-LIV Merger - A Guide
The potential merger of the PGA and LIV is one of the biggest sports stories in years. Find everything you need to know about possible tax implications here.
08/10/2023
Tax Court: Is this mandatory tax on foreign profits that shareholders never actually received constitutional under the 16th Amendment? Overview via
Historic Supreme Court case could imperil the entire US tax code
Unless the justices take a middle road and define the 16th Amendment according to the history and traditions of the U.S. tax system, the case will result in bad law and worse outcomes.
08/10/2023
When you are starting a business there are several possible business entity types that need be considered to make sure you get started off on the right foot and avoid costly mistakes that must be corrected later or those that must be changed later to maximize tax benefits.
Things To Consider When Starting a Business
When you are starting a business there are several possible business entity types that need be considered to make sure you get started off on the right foot,
08/09/2023
An estimated 1 in 5 U.S. workers have left behind or forgotten 401(k) retirement accounts. How to find yours via
1 in 5 Americans have inactive 401(k)s worth thousands of dollars—here's how to reclaim yours
Rolling over an old 401(k) into a new plan can be a pain, but it's typically worth the hassle.
08/08/2023
Celebrity Tax Problems: Shakira asserts that she has always acted in accordance with the law and under the advice of the best tax experts. The latest via
Singer Shakira faces new probe over alleged tax fraud in Spain
Colombian singer Shakira, dubbed the Queen of Latin pop, is to be investigated for alleged fraud on income and wealth tax in 2018, a Spanish court said on Thursday.
08/08/2023
Many provisions in the SECURE 2.0 Act that Congress passed late in 2022 were designed to encourage individuals to save more for their retirement and could impact your retirement plan strategy.
Planning for Your Retirement – New Wrinkles from the SECURE 2.0 Act
08/07/2023
State Fiscal Policy: Projected year-over-year growth for total state revenues is negative 1 percent for fiscal year 2024. Report via
Navigating Fiscal Uncertainty: Weak State Revenue Forecasts for Fiscal Year 2024
With more fiscal data coming in, the long-term health of state budgets looks murky. After a run up in 2022 , preliminary data show a...
08/07/2023
Labor Relations: A big chunk of the striking workers this year come from Hollywood. Insight via
325,000 striking workers: 2023 is already a landmark year for labor
Strike activity is far outpacing the past two years, according to Johnnie Kallas, who runs the Cornell-ILR Labor Action Tracker.
08/06/2023
Economy: Fitch downgraded the United States to AA+ from AAA, citing fiscal deterioration over the next three years. Details via
Fitch cuts US credit rating to AA+; Treasury calls it 'arbitrary'
Rating agency Fitch on Tuesday downgraded the U.S. government's top credit rating, a move that drew an angry response from the White House and surprised investors, coming despite the resolution of the debt ceiling crisis two months ago.
08/06/2023
Carl Ruderman is the fifth senior citizen in the Miami-Fort-Lauderdale-Palm Beach metropolitan area to face charges in connection with the scam. Details via
Florida CEO, 81, Indicted for $250 Million Ponzi Scheme | Entrepreneur
Carl Ruderman, the 81-year-old former CEO of 1 Global Capital, is the fifth Florida-based senior citizen indicted in relation to the case. Read more, here.
08/05/2023
Entrepreneurship: If you want to successfully fund your startup, here’s an overview of the term sheet and how to create one. Insight via
How to Create a Term Sheet for Investors | HBS Online
Wondering how to create a term sheet that attracts potential investors for your startup? Here are five steps for negotiating and producing one.