Gathering of actions in 2022; Relief from tax-exempt rents

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Inflation worries

Inflation and the cost of living are central to our concerns these days, for everyone from investors to quick performers. Forbes released a special investigation into how America’s most notorious municipal bond peddlers are get richer from the housing affordability crisis in California. Even if you’re not a California taxpayer, you’ll want to read this story because these questionable offers could be coming to a city near you.

Meanwhile, how concerned should average investors be about inflation? We interviewed some of the top experts how bad they believe inflation will become and how it will affect the markets. (Spoiler: Lots of disagreements.) Congress isn’t really helping. S&P Chief Economist is Warning that if lawmakers don’t prevent a looming federal government shutdown on Friday, supply chains could escalate even more, making inflation worse in the near term. However, inflation is not just a Christmas shopping issue. Prolonged inflation could, for example, eat into your early retirement goals. One glimmer of hope: Soaring inflation means boring old US Series I savings bonds are currently paying 7.12% and retirement expert Steve Vernon suggests three smart ways for pre-retirees and retirees to use these bonds.

Beware of congressional tax mischief

Who really benefits from tax subsidies? Our contributor predicts that when Congress finally passes the Build Back Better bill, executives will at least introduce obscure tax relief that will only benefit an elite group of high net worth investors. It offers a uplifting tale of the last big tax review – the Trump tax cuts in 2017. Turning to the big picture, here we have a fascinating discussion about the major trends in global tax policy.

Meanwhile, if you’re looking for someone to help you or your business navigate tax changes, Forbes has partnered with market research firm Statista to create a list of the best tax services companies. and accountants in the United States. tax specialists and accountants and their clients. Approximately 4,400 recommendations were taken into account in the final analysis. See the list here.

Progressive retirement plan

No one likes sudden changes. We like to get into things at ease – the transition over time. Yet we speak of retirement as an event. One day you work hard; the next day you are on the green. Consider a more phased approach, creating a path to retirement where you don’t just spend 50 hours a week not working at all. If this sounds like a good option for you, we have some tips on how to gradually retire.

Give shares instead of money

If you’re feeling generous this holiday season, consider donating stocks instead of cash. This can be a smart tax planning initiative for many types of investors. It is true that you greatly appreciated the stocks acquired long ago in one of the most valuable stocks of recent years (i.e. Amazon

, Apple

, Etsy, FedEx

) or stocks of being an early stage investor in a hot IPO firm (Airbnb

, DoorDash). To find here how to maximize your charitable donations and tax deductions.

The economy continues to heal

Although new jobless claims rose from a 52-week low last week, with the number of Americans receiving state-level unemployment benefits, has fallen to its lowest level since March 2020, the Labor Department said last Thursday, adding to a host of promising indicators for the long struggling labor market ahead of a key report on Friday. “Between the relatively low level of jobless claims and the country’s steadily declining unemployment rate, the economy has continued to recover from the severe recession caused by Covid-19,” said Mark Hamrick, senior economist, in reports. comments emailed Thursday.

New graphic: another record year for after-sales service

Source: SPAC Insider

Bright market outlook

Despite the considerable challenges posed by the omicron variant and the continued surge in inflation, the majority of Wall Street companies predict The stock market will continue to recover next year, albeit modestly, on strong corporate earnings, strong economic growth and easing supply chain issues. They predict that the S&P 500 could reach 5,300 by the end of 2022, which is a 15% rise from the index’s current price of 4,600.

While this market outlook is optimistic, Brazilian digital bank Nubank is reduce the price range of its shares from $ 10 to $ 11 each, to $ 8 to $ 9, a week before its initial public offering. This is in response to the recent selloff in tech stocks. The cut would raise the startup’s valuation from an expected $ 55 billion to around $ 42 billion, which would still put it ahead of the world’s most valuable digital bank, European fintech Revolut, valued at $ 33 billion.

Coinbase is trying to follow in Amazon’s footsteps by creating Coinbase Cloud, just like Amazon created its subsidiary Amazon Web Services 20 years ago. “We want to be the AWS of crypto,” Coinbase product manager Surojit Chatterjee said in an exclusive interview with Forbes. “We’re building this whole suite of Coinbase Cloud products that you can think of as crypto-computing services, to help developers build their apps faster.”

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