The decision to settle for a smaller payday in order to secure peace of mind is one every professional baseball player will have to make for himself. But there is no need for players to make that decision entirely in the dark when it comes to the potential financial consequences.
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Many taxpayers found themselves owing money to the Treasury when they completed their first tax returns covered by new rules that took effect in 2018. In response, the IRS in January offered some relief from penalties for failing to prepay enough of the tax bill via withholding or estimated taxes.
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If you search the internet for advice on effective personal financial management, you are confronted with an extensive list of topics that require your attention. Young professionals can often shrink that list down to one.
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The Opportunity Zones program offers a new and exciting prospect for investors, with a generous tax incentive to encourage them to participate sooner rather than later.
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The incoming 116th Congress will probably feature a legislative standoff between House Democrats and Senate Republicans, but that does not mean it will be quiet – or that nothing important will come out of the Capitol for the next two years.
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Wisconsin Offers Balm For SALT Wounds: Wisconsin joined the parade of states seeking to offer workarounds for the new $10,000 itemized deduction limit for state and local taxes.
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The trust that will determine the new owner of the Denver Broncos has failed in nearly every way, but it has succeeded in one: as a cautionary tale.
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U.S. copyright law is seldom a crowd-pleaser in any form, but new legislation has earned a rare standing ovation from most of the music industry.
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Music Gets Modernized For The Digital Era. Congress passed and sent to President Trump a sweeping overhaul of the way songwriters, performers and other music industry creatives are compensated when their works are streamed, downloaded and broadcast via satellite.
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Popular wisdom holds that our world is shrinking. But for married couples who live apart much or all of the time, long distances still present unique challenges and pitfalls. Many of these are emotional, but there are a few financial hazards too. Luckily couples can largely mitigate the financial problems, at least, with some careful planning and foresight.
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