Citizens Bank Doles Out Bonuses and Donation As Result of Tax Reform
As a result of tax reform, Citizens Financial Group Inc. is giving out employee bonuses and donating millions to the company’s charity fund.
As a result of tax reform, Citizens Financial Group Inc. is giving out employee bonuses and donating millions to the company’s charity fund.
Community banks are sure to be winners under the new tax reform. The cut in the corporate tax rate from 35 percent to 21 percent will free up cash that could result in bigger dividends for public banks, investments in new products and special projects, and hiring more talent.
Maybe “corrupt” is too strong a word for President Donald Trump’s tax plan; maybe not. But the seemingly willy-nilly way it doles out rewards and punishments to various segments of the real estate world is not exactly the best advertisement for either its probity or overall vision.
Less than a week after President Donald Trump signed the new tax reform bill into law, banks are already beginning to take advantage of expected savings.
Forget about all those dire warnings that home values will take a hit thanks to the GOP’s tax bill. Instead, it’s time to start worrying about already high home prices getting even higher and more unsustainable than before.
While the House-passed tax reform bill would would repeal the new markets tax credit, the Senate continues to take steps in the opposite direction in unison with their efforts to preserve the credit.
The demise of Boston’s first “skinny tower” highlights anew an ironclad rule of development in the Hub: Unless you are well-connected power player about town, forget about trying to build anything.
Who could have imagined that President Donald Trump’s version of “tax reform” would turn out to be nothing more than a massive stick-up of blue states like Massachusetts? It’s not like the guy is vindictive or anything.
Sweeping tax reform legislation unveiled by House Republicans Thursday preserved the credit union tax exemption, eliciting cheers from credit union advocacy groups and calls from banking associations advocating for a level playing field.
After failing to make good on numerous campaign promises including, most dramatically, repealing and/or replacing the Affordable Care Act, the Trump administration has turned its attention to another touchy subject: tax reform.
The Republican-controlled U.S. House of Representatives plans to turn to tax reform in earnest, after concluding a lengthy health care debate this week with a vote to repeal and replace Obamacare.
President Donald Trump will huddle with chief executives of major U.S. companies on Friday as the business community finds itself increasingly split over how to respond to his policies.
The small-scale owners of millions of rental homes, parcels of investment land and income-producing commercial and business real estate might not know it, but one of their key financial planning and tax tools is in danger of disappearing on Capitol Hill.
For millions of moderate-income homebuyers, there’s an important money-saving question looming in 2017: Will Congress reinstate deductions for mortgage insurance premiums as part of its overhaul of the federal tax code?