The current annual US budget, as proposed by President Obama, includes some significant potential changes in tax law. Among these are proposals that could result in higher capital gains taxes on inherited property, an end to most tax-deferred real property exchanges, and increased taxes on S corporation dividends.
The big question in Europe this year is how the British people will vote on June 23. Will they vote to leave the European Union (what’s being called the “Brexit”) or decide to continue to be part of the 28-nation economic alliance? What’s at stake? It’s hard to know, exactly.
What’s going on in Brazil—other than the Zika virus and off-schedule preparations for the Olympic games? You might have read that the leader of South America’s largest country—President Dilma Rousseff—is facing impeachment hearings at a particularly awkward time: right before a million Olympic visitors descend on the country. But what are the actual charges against […]
Shopping for a financial adviser you can trust has never been easy. The new Department of Labor rule requiring brokers to act in a fiduciary capacity when dealing with retirement plan assets has not made it any easier. When shopping for financial advisers, you need to investigate their education, niche, process, compensation structure, and experience […]
A term you’re likely to be hearing more of in economic reports is “helicopter money,” which might replace “QE” (quantitative easing) in our lexicon of Central Bank policy terms. What is it? “Helicopter Money” basically means dropping money out of the sky; the term is shorthand for a government printing money as a way to […]