Month: May 2021

Let’s talk stimulus. First, let’s talk about someone who normally does not file an income tax return, then someone who does. Then, we’ll discuss what you can do if your stimulus payment got lost. Don’t Owe Taxes? The first two rounds of Economic Impact Payments (EIPs) were, according to the IRS, “advance payments of the
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In the latest episode of Tax Notes Talk, enrolled agents Eva Rosenberg and Jeffrey Schneider share their experiences on communicating with the IRS during the coronavirus pandemic and how the agency can improve.  The post has been edited for length and clarity. William Hoffman: Welcome, Eva, and welcome, Jeffrey. Today, we’re talking about how tax professionals are dealing with
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In this article 22UA-DE PFE A healthcare worker gives the Pfizer/BioNTech vaccine to Norman G. Einspruch, 88, a cardiology patient, as part of COVID-19 vaccination plan for the seniors at the Jackson Memorial Hospital in Miami, Florida, United States on December 30, 2020. Marco Bello | Anadolu Agency | Getty Images High-risk groups such as
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Though JPMorgan Chase will reportedly offer a bitcoin fund for wealthy clients, chairman and CEO Jamie Dimon still isn’t personally sold on the cryptocurrency. “I’m not a bitcoin supporter,” Dimon said during The Wall Street Journal CEO Council summit on Tuesday. “I don’t care about bitcoin. I have no interest in it.” “On the other
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Cars line up to pick up food boxes at the Athens County Fairgrounds in Athens, Ohio, on Dec. 19, 2020. BRAD LEE | AFP | Getty Images The U.S. economy is on the mend. But the unequal — or K-shaped — nature of the recovery persists. Economic activity is on pace to return to pre-pandemic
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Today’s column addresses questions about potential effects of retiring from work four years before filing for a retirement benefit, filing for retirement benefits before spousal benefits and transferring conserved benefits to a capable beneficiary. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which
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