Yoshiyoshi Hirokawa | DigitalVision | Getty Images Retirees who have taken out a mandatory distribution of a pension account this year have a week to return the money. The CARES Act, the coronavirus relief bill signed into law this spring, allows people with pension accounts to skip the required minimum …
Read More »What’s ahead for your taxes if Biden wins the election?
Democratic presidential candidate and former U.S. Vice President Joe Biden will introduce his running mate, US Senator Kamala Harris, during their first press conference together in Wilmington, Delaware, on August 12, 2020. Olivier Douliery | AFP | Getty Images Although former Vice President Joe Biden has proposed raising taxes on …
Read More »Trump’s order to stop evictions is “toothless, at best,” says expert
A banner against eviction of tenants who do not read jobs, no hair will be displayed in a controlled rental building in Washington, DC on August 9, 2020. (Photo by Eric BARADAT / AFP) (Photo by ERIC BARADAT / AFP via Getty Images) ERIC BARADAT | AFP | Getty Images …
Read More »The wealthy can get up to $ 40 billion in tax breaks if Obamacare is repealed
High-income households will come out ahead, at the expense of the poor, if the Supreme Court repeals the Affordable Care Act. Last month, the Trump administration asked the Supreme Court to drop the health care measure, arguing that the law became unconstitutional when Congress removed the fine for not having …
Read More »Trump says coronavirus relief law should include payroll tax cuts
President Donald Trump speaks on “Rebuilding America’s Infrastructure: Faster, Better, and Stronger” in Atlanta on July 15. Jim Watson | AFP | fake pictures His salary could increase if the White House gets away with it. President Trump said this week that he will not sign the next coronavirus relief …
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