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The Latest Breaking News from Uncle Sam

Tips are in the news right now as Donald Trump and Kamala Harris have both promised to stop taxing them. Immigration? Inflation? Let’s keep Uncle Sam out of the tip jar!

Fortune

Three Key Facts to Know About Your RMDs

If any of your retirement savings are in a tax-deferred account, then you will face required minimum distributions (RMDs). Not having a strategy could prove costly.

Kiplinger

Three Ways to Pay Less Taxes to Uncle Sam

Retirees especially could benefit from these tax-efficient strategies that focus on what you leave your heirs and what kind of accounts your money is in.

Kiplinger

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The U.S. and Germany just sold off almost 5,000 bitcoins—they should have added them to foreign reserves

It would feel no less risky for central banks to hold Bitcoin than the yen, pound, or Swiss franc.

Fortune

Does Uncle Sam Consider Your Backyard Restricted Airspace?

The areas where you need FAA approval to fly a model plane or drone are surprisingly large.

Reason

5 Estate Planning Things You Need to Do Now, From a Financial Planner

Completing these five essential tasks right away can protect your family and their inheritance from potential high taxes and the probate process.

Kiplinger

Who Needs a Trust and Who Doesn't? A Financial Planner Explains

Knowing the differences between a revocable trust and an irrevocable trust can help you decide if you need one and, if you do, which kind.

Kiplinger

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Do You Have at Least $1 Million in Tax-Deferred Investments?

If the answer is yes, then this article is for you. Find out how you can keep more of that $1 million for yourself and away from Uncle Sam.

Kiplinger

As Foreign Policy Battles Ramp Up, is the U.S. Defense Industry Ready?

As the threat landscape heats up, this special issue of the Kiplinger Letter reviews the challenges facing the defense industry.

Kiplinger

‘The math ain’t math-ing’: Taraji P Henson speaks out about Hollywood pay gap

Henson, who plays Shug Avery in a new musical version of The Color Purple, broke down during a press interview for the film as she outlined the disparity

The Guardian - UK

Taraji P Henson sobs over pay disparity in Hollywood: ‘The math ain’t mathing’

‘The Color Purple’ star said she feels so undervalued she’s considered quitting acting

The Independent UK

Bribes, treason and hay bales: The chaotic history of expulsions from Congress

George Santos is now the third Member of Congress to be expelled since 1861. Gustaf Kilander writes

The Independent UK

Bribes, treason and hay bales: The chaotic history of expulsions from Congress

George Santos is now the third Member of Congress to be expelled since 1861. Gustaf Kilander writes

The Independent UK

I coined the term ‘digital divide’ 25 years ago. Biden is providing the funding to bridge it–but one rule could squander this opportunity

Grantees will have to front millions of dollars before they receive a dime from Uncle Sam under the Broadband Equity Access and Deployment (BEAD) program.

Fortune

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Al Jazeera

Trump’s arraignment: The scene outside the Miami courthouse

A pig’s head on a spike, Uncle Sam on a hoverboard and a frenzy of journalists all waiting for the former president.

Tribune News Service

Stresses of tax season can be exacerbated by marriage conflict

Jodi Amos still shakes her head recalling the person who tried to cash a six-figure tax refund check without her ex-husband knowing.

Fortune

Uncle Sam could replace Satoshi as the king of digital currency—if U.S. regulators get stablecoins right

People around the world already embrace the dollar. If the U.S. is smart, it will embrace stablecoins to make the dollar even more appealing.

Tribune News Service

VIEWPOINT 2: Is bipartisanship good? That depends

Bipartisanship is the solution to some problems, but it also helped create them. On the one hand, if you are a classical liberal with a strong preference for fiscal responsibility, bipartisanship generally gets you nowhere. Big Capitol Hill deals mean big spending. On the other hand, the only path to…

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The Guardian - UK

The Battle at Water Gate Bridge review – gung-ho Chinese war epic takes on Uncle Sam

With its wooden script and earnest tone, Tsui Hark’s government-sanctioned Chinese war epic may not win many hearts and minds

Reason

The G Word Begs Americans To Fall Back in Love with Uncle Sam

Adam Conover and President Barack Obama want to unruin the federal government. But they’re not really willing to truly consider that it’s too big and too wasteful.

The Times of India

Once rejected, students face fresh US visa hurdle

AHMEDABAD: After students hit visa jackpots post-pandemic in 2021, aspirants readying for higher studies in Uncle Sam's land currently have hit an unusual roadblock.

Kiplinger

Two Alternatives to Required Minimum Distributions (RMDs)

If the thought of paying taxes on your RMDs is stressing you out, consider these two options to save on taxes and anxiety.

Kiplinger

Why I Love Roth IRAs and Roth Conversions

Roth IRAs truly are a gift from the government, and now is a great time to take Uncle Sam up on them. Here’s why.

Reuters

U.S. ambassador urges Mexico to side with Ukraine in Russia conflict

The U.S. ambassador to Mexico on Thursday urged Mexican lawmakers to join the United States in supporting Kyiv against Russia's invasion of Ukraine, a day after his Russian counterpart encouraged Mexico to defy "Uncle Sam."

Chicago Sun-Times

In tax season, green isn’t the only color that matters

Yes, Uncle Sam wants everyone’s money. But in a ground-breaking book, an Emory University professor lays out how tax policies are an invisible mechanism for inequity.

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