Companies pay out special dividends ahead of “fiscal cliff”: Major U.S. companies are rushing to authorize special dividends before Dec. 31st before the “fiscal cliff” takes effect and the tax on dividends jumps from 15% to 43.4%. Over the past two weeks, at least four Standard & Poor’s 500 corporations have announced special payouts.
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- 12 Things You Need to Know About Financial Statements
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- Changes to 2018 Taxes
- New 20 percent deduction for passthrough businesses Many owners of sole proprietorships, partnerships, trusts and S corporations can deduct up to 20 percent of their qualified business income.
- When To Expect Your W-2, 1099 & More Tax Forms In 2017 (And What To Do If They’re Missing)
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