Month: December 2021

The congressional proposal to increase federal funding for Medicaid’s home and community-based (HCBS) long-term care program likely would benefit the US economy, although it could increase costs for those not receiving Medicaid.   The HCBS expansion is included in the current House version of President Biden’s Build Back Better (BBB) social spending, climate, and tax
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Adam Feinberg with Miller & Chevalier Chtd. discusses air travel taxation, how it affects passengers, and the biggest issues for airlines.  This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: plane and simple. While there may be
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The New York Design Center conducted a poll of over 40 interior designers across the United States, who found that, post-pandemic, we will continue to invest in our homes. Designers determined that, though the real estate market is inflated, 79% of people are still spending money to renovate the homes they purchased. “We’re seeing clients
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U.S. President Joe Biden receives his coronavirus disease (COVID-19) booster vaccination in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., September 27, 2021. Kevin Lamarque | Reuters As the specter of omicron looms large over the festive season, governments around the world are desperately trying to deploy Covid-19
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MBPROJEKT_Maciej_Bledowski | iStock | Getty Images For retirees searching for investment income and protection from inflation, one solution may be real estate investment trusts. REITs, as they’re called, are companies that own and/or operate properties like office buildings, shopping malls, apartment complexes and warehouses. While they do come with more risk than some other income-producing
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Recent media reports about individuals accumulating mass wealth in Roth IRAs have piqued interest in Roth IRAs, and consumers want to know how they can get in on the Roth game. This includes my friend, Howard Jackson, an Information Technology Manager who lives in Winter Garden, Florida. Howard’s Roth IRA questions range from the basic
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Long a magnet for winter sports enthusiasts, Breckenridge, Colorado, is a year-round destination with a historic Main Street, an annual film festival and an active second-home market. Among the most sought-after residences are ski-in and ski-out houses such as this slope-side three-level along Peak 8, where the mountain first opened runs in 1961. Staircases off
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A sign is posted about required face coverings in Grand Central Market on July 19, 2021 in Los Angeles, California. Mario Tama | Getty Images California will impose a statewide mask mandate for indoor public places regardless of vaccination status for the next month, the state’s top health official announced Monday. The mask mandate goes
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This $23.5 million mansion in Kauai recently sold to guitarist Carlos Santana. PanaViz Hawaii’s luxury real estate market is soaring to all-time highs fueled by several factors including pent-up demand from the coronavirus pandemic, record low interest rates and rising equity markets. In the first three quarters of this year, homes valued at $3 million
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Getting major tax legislation across the finish line and onto the president’s desk has never been a particularly neat and tidy process, but even in that context, 2021 presented an unusual case. With Democrats in control of the House, Senate, and White House, the year started off looking promising for tax reform. And there were some big achievements,
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