Month: May 2021

It is no secret that the IRS wants you to report your crypto gains. You can report crypto losses too, but the IRS cares less about that. The government still seems to think millions of transactions and dollars might still be unreported. You might think you won’t be caught, but the risks are growing. The
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The pandemic has caused many people to assess their priorities, and if you are considering retiring earlier than originally planned, you aren’t alone. Whether your job has changed due to COVID and is no longer as appealing or you’d simply like more time to spend with family, leaving the workplace before age 65 may suddenly
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R.Tsubin | Moment | Getty Images The Biden administration wants to get tougher on tax cheats — and cryptocurrency is an area of interest. Virtual currencies like bitcoin and ethereum, which are collectively valued around $2 trillion, offer investors a way to shield income from tax authorities. In that way, the crypto economy contributes to
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Glenview, Ill.—The John O. Carr House, designed by Frank Lloyd Wright in 1950, is now available for auction, with $1,200,000 as the suggested opening bid (not the asking price). The Wright-designed original entryway features pierced-concrete breeze blocks to allow for natural … [+] light penetration. Matara Media for Jameson Sotheby’s International Realty Wright-designed homes famously
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In a recent case, a bankruptcy court had to consider whether to allow a debtor in a Chapter 13 plan to make voluntary contributions to her retirement plan.  This is an interesting and important issue, particularly for retirement planning and retirement preparedness. Indeed, saving in an employer-sponsored retirement plan with its attendant benefits—such as employer-matching
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Today’s column addresses questions about potential effects of having filed early, making sure your benefits are actually suspended even if a representative mistakenly says you can’t suspend them and potentially available benefits on an ex’s record. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning,
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