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Key Takeaways Supplemental wages are extra money paid outside of your regular salary, such as commissions, bonuses, severance payments, prizes, awards, and certain reimbursements. Unless an "Accountable Plan" for employee reimbursements is in place, expense reimbursements are likely supplemental ...
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FIRPTA withholding only comes into play when the seller of U.S. real property is a "foreign person." If the seller is a “U.S. person,” FIRPTA withholding is not necessary. As a result, correctly determining the seller's status is critical, since it dictates whether or not FIRPTA with...
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But what we’re seeing in the economic data is that policy rates may not be restrictive after all, that the “neutral” rate may be higher. Yet the signals diverge. Some sectors have gotten hit really hard by those higher rates, especiallycommercial r...
But there is more than one “battle” around the euro. While the battle of liquidity seems to have been won, the solvency and the unemployment battles (the latter of which is really a battle of unbalanced demand) have not even been addressed. Every sovereign debt crisis in modern history ...
(reserves) and then offers to swap them for interest-bearing securities (government bonds). Since an interest rate is paid on reserves anyway (at least today), there is no difference between the state paying interest on reserves (or clearing balances) or government bonds. The Fed offers ...
If you were at Lakes Jam and lost items that you don't see here, all hope is not lost. They may still find items. There were many people responding to Lakes Jam's post; most of them were thankful that Lakes Jam took the time to try to find the owners. I agree! They certainly ...
take your AGI and "add-back" certain deductions. Many of these deductions can be rare, so it's possible your AGI and MAGI can be identical. Different credit and deductions can have differing add-backs for your MAGI calculation. According to the IRS, your MAGI is your AGI...