Divorce negotiations are never easy, and they became more complicated this year, thanks to the tax overhaul. Here are four tips for taxpayers to consider. Source: NYT > Business – PAUL SULLIVAN
Wealth Matters: Who’s at Fault? Read the Fine Print to Make Sure You’re Not at Risk
Liability waivers, often in small type and filled with legal verbiage, have become a part of modern life. But how enforceable are they? Source: NYT > Business – PAUL SULLIVAN
Tax Headaches? A Dose of Muni Bonds Might Help
Households stung by the limit on state and local income tax deductions are chasing tax-free municipal bonds. But it’s wise to proceed carefully. Source: NYT > Business – CARLA FRIED
Wealth Matters: Dream of Owning a Plane? This Tax Break Can Help
The Republican tax overhaul has bolstered sales of private planes by allowing buyers to deduct the cost as a business investment. Source: NYT > Business – PAUL SULLIVAN
Wealth Matters: When Condo Boards and Residents Clash, Legal Bills Mount
When people buy into a development with a board or housing association, landing in the middle of a board dispute can be a financial disaster. Source: NYT > Business – PAUL SULLIVAN
Book Entry: Review: How to Address Social Immobility? ‘The Human Network’ Offers a Road Map
The United States ranks toward the bottom of social mobility. Professor Matthew O. Jackson’s new book shows why proposals to reduce inequality won’t solve the problem of mobility. Source: NYT > Business – JONATHAN A. KNEE