Economic Woes


ON THE RECORD

“The United States has some real economic problems that have been hidden under the tremendously easy credit caused by foreigners reinvesting their balance of payments earnings in American securities. Eventually this inflow will have to end as foreigners begin to use these funds to improve their own peoples’ standard of living. At that time, the excessive borrowing, low savings rate, and house price inflation will have to be readjusted, a development that may hurt many who have lived on cheap credit and inflated housing values.”

—Dr. Paul Nadler, Rutgers University, remarks at the AICPA Personal Financial Planning Conference, San Diego, January 2006.

SPONSORED REPORT

Get your clients ready for tax season

These year-end tax planning strategies address recent tax law changes enacted to help taxpayers deal with the pandemic, such as tax credits for sick leave and family leave and new rules for retirement plan distributions, as well as techniques for putting your clients in the best possible tax position.

RESOURCES

Keeping you informed and prepared amid the coronavirus crisis

We’re gathering the latest news stories along with relevant columns, tips, podcasts, and videos on this page, along with curated items from our archives to help with uncertainty and disruption.