Jason MalkinIt appears China has stopped buying soybeans from the US altogether because of trade fightverified_publisherCNBC - Evelyn ChengChina is apparently no longer buying U.S. soybeans amid the rise in trade tensions, Bloomberg reported Wednesday. "Whatever they're buying is …
Jason MalkinBeware The Puerto Rico Captive Insurance Tax ShelterForbes - Jay AdkissonOld tax shelters never die. They just get a new acronym and a thicker opinion letter. I've seen this happen time after time. The failure of 412(i) plans begat 419A(f)(6) plans, which themselves failed and begat 419(e) plans. The idea was the same: A business gets a deduction for a payment to an …
Jason MalkinDemocrats in high-tax states plot ways to blunt impact of new tax law - The Boston Globebostonglobe.com - Ben CasselmanNEW YORK — Democrats in high-cost, high-tax states are plotting ways to do what their states’ representatives in Congress could not: Blunt the effect …
Jason MalkinThe Great Bitcoin ScamForbes - Jay AdkissonAt the outset, let me clarify that Bitcoin itself is not a scam, but how Bitcoin is being sold is a scam. More about that below. To start out, it is important to understand what Bitcoin really is. It would be easy to bore you with a discussion of the technology, about peer-to-peer servers and …
Jason MalkinThis one weird trick lets blue states avoid Trump’s tax hikeverified_publisherVox - Dylan MatthewsIt could give middle-class families a tax cut, too! Now that the Republican tax reform bill is officially law, blue states are scrambling to figure out ways around one of the law’s few actual tax increases: its new limit on deducting state and local taxes. Under current law, taxpayers not claiming …
Jason MalkinBusinesses Get More From GOP Tax Law Than A Pass-Through Cut (Like A New Car!)Forbes - Robb MandelbaumLast week we took a close look at the complicated new tax provision that will allow small-business owners — along with well-compensated professionals, wealthy investors, and even schlubs like me — to deduct 20 percent of their business income. This week, we'll look at some of the other sections in …
