Division 296 earnings: What’s getting counted?
Meg Heffron, director of Heffron Consulting, said one of these is the carve-out treatment of non-arm’s length income.…
Legislation would end tax breaks on prescription drug commercials
Drug companies in Maryland can deduct the cost of commercials for prescription drug medications as a business expense,…
‘This reform is a disaster’: Climate groups slam Germany for scrapping renewable heating law
Germany’s government has drawn heavy criticism from environmental groups after it agreed to remove parts of a controversial…
Wisconsin passes expanded Medicaid for moms
MADISON, Wis. (AP) — Women in Wisconsin will soon be eligible to receive expanded Medicaid coverage for up…
Sri Lankan lawmakers scrap their pensions in a sweeping vote
COLOMBO, Sri Lanka (AP) — Sri Lankan legislators overwhelmingly voted Tuesday to scrap their pensions, in a bid…
‘Will Social Security run out?’ is the wrong question, economist says
People line up outside the Social Security Administration office in San Francisco. Getty Images Social Security, the federal…
U.S. lawmakers push back on Trump plan to allow Nvidia AI chip exports to China
Niphon | Istock | Getty Images U.S. President Donald Trump’s plan to grant Nvidia licenses to ship some…
Revised draft ‘needs more work’: SMSFA
“Having now had an opportunity to review the draft bills, it is our view that the revised legislation…
It’s not just Div 296 that could face changes in 2026
However, Tim Miller, head of education and technical for Smarter SMSF, said that is not necessarily the case.…
New Jersey bans student cellphone use during the school day
RAMSEY, N.J. (AP) — New Jersey on Thursday joined a growing list of states to limit students’ cellphone…
Sportsbet fined $313,000 by NT Racing and Wagering Commission for ‘systemic failure’
Australia’s largest online bookmaker Sportsbet has been fined more than $313,000 for failing to protect thousands of customers…
Australia’s social media ban is here, but what does it really mean?
Young people in Australia are on the verge of a profound shift in their digital lives. The Online…