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IRS Leaves Business Owners Who Took PPP in a Tax Quandary
small business loans Can business owners deduct the expenses they covered with loans from the Paycheck Protection Program? The legislators who wrote the law say yes, they can. The IRS says no. Where does that leave businesses?
By Eric Boughman, Attorney and Founding Partner Published
small business loans -
Understanding a New Supreme Court’s Impact on Consumers, Savers and Investors
retirement With the arrival of Amy Coney Barrett on the bench and a new president set for inauguration, what could that mean for American businesses and the American people themselves?
By Steven L. Skancke, Ph.D. Published
retirement -
Federal Debt: A Heavy Load
Economic Forecasts The debt continues to grow, but record-low interest rates could ease the long-term damage.
By David Payne Published
Economic Forecasts -
Smaller IRA Withdrawals Coming Up
Coronavirus and Your Money Starting in 2022, the amount you’ll be required to withdraw from your retirement accounts after age 72 will decline modestly—which means your tax bill will be smaller, too.
By Sandra Block Published
Coronavirus and Your Money -
Joe Biden’s Student Loan Plan: What’s in It for You?
student loans The future of student loan debt could look quite a bit different, if President-elect Joe Biden gets his way (and Congress cooperates). From loan forgiveness to free tuition for some, the college landscape could be changing.
By Saki Kurose, CSLP®, IAR Published
student loans -
What Biden Will Do: 23 Policy Plays to Expect From the Next Administration
Politics The Kiplinger Letter forecasts President-Elect Joe Biden’s biggest priorities -- and the likelihood of progress on them.
By The Kiplinger Washington Editors Published
Politics -
Big Changes Likely for Social Security, Medicare Under a Biden Presidency
Making Your Money Last The new president and a fresh Congress will sooner or later have to face the twin safety net programs, both sorely in need of help.
By Catherine Siskos Published
Making Your Money Last -
Will There Be a Second Stimulus Check?
Coronavirus and Your Money Despite support from President Trump and key Congressional leaders, the odds of getting another $1,200 stimulus check this year are fading fast.
By Rocky Mengle Published
Coronavirus and Your Money -
2020 Election: The Health Care Debate
Politics The presidential candidates’ stances on health care couldn't be more different.
By the editors of Kiplinger's Personal Finance Published
Politics