As Congress was starting to debate its reconciliation bill in earnest back in March we wrote about a proposal to eliminate the tax exemption provisions for certain credit unions. Credit Unions’ tax-exempt status was established in The Federal Credit Union ...
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As part as of current budget reconciliation package, the U.S. Senate is currently considering a proposal to impose a 3.5% tax on personal money transfers sent abroad. The House of Representatives already approved the measure. While the measure is meant ...
Read MoreHigh housing costs and red tape continue to burden American families, particularly lower-income and minority homeowners. One often-overlooked expense is title insurance, a fee ranging from 0.5% to 1% of a home’s price, which is paid during closing and ...
Read MoreLast week HLF was lucky enough to attend a summit focused on “Redefining Retirement.” The event was hosted by investment management firm BlackRock, the Bipartisan Policy Center, and Semafor. Speakers ranged from elected officials, corporate leaders, small business owners, union ...
Read MoreOne of the ongoing conversation on Capitol Hill is the extension of the 2017 Tax Cuts & Jobs Act, including how to structure legislation so to “pay for” (as many describe it) the tax cuts. One revenue raiser that has ...
Read MoreWe recently outlined the Justice Department’s October lawsuit against Rocket Mortgage, the biggest home lender in the U.S. The DOJ wants to make Rocket responsible for alleged discrimination committed by an independent appraiser, who was contracted by a third-party appraisal ...
Read MoreThe US Department of Justice recently filed a lawsuit against Rocket Mortgage that they frame as a necessary strike against racial bias in the housing market—more specifically, in the area home appraisals. The National Fair Housing Alliance has confirmed the ...
Read MoreDebate about the impact of environmental, social, and governance (ESG) investments on state pension funds continues across the country. After legislative hearings at both the state and federal levels, and the implementation and repeal of various bills, it has become ...
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