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Hi, Martin. Here are your Articles for August 1, 2017.
Are you or a loved one nearing retirement age? Many seniors are uncertain about their federal retirement benefits, including when benefits start, how to apply, who qualifies for survivors benefits and whether benefits will be subject to income tax. Here are the basics, along with the highlights from a recent report on the Social Security system.
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Putting your kids to work in the family business can be a win/win situation. Your children gain experience and income while you reduce your employment tax costs and income tax liability. Read on to see if your business qualifies.

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When away from home on business, a taxpayer can deduct 50% of business-related meals and incidental expenses, such as tips. But how long must you stay away to qualify for deductions? According to the IRS, you must be gone for "a period substantially longer than an ordinary day's work and you need to get sleep or rest to meet the demands of your work while away." However, one court case stretched the limits of this "sleep-or-rest" rule.
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Can a vacation home you've rented out and also used as your personal residence be traded for another vacation home in a tax-deferred Section 1031 exchange? Under the right circumstances, the answer is "yes." The IRS issued guidelines for how to do it. This article explains how to qualify for exchanges of "mixed-use" vacation properties, which are homes you rent out part time and also use part time for personal purposes.
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Global growth boosts stocks, dollar mired near multi-month lows
Reuters.com - Tue, 01 Aug 2017 07:26:50 -0400
S&P 500 to exclude Snap after voting rights debate
Reuters.com - Tue, 01 Aug 2017 05:03:21 -0400
Sprint swings to a profit as subscribers grow
Reuters.com - Tue, 01 Aug 2017 07:49:08 -0400
Thomson Reuters' second-quarter profit tops estimates
Reuters.com - Tue, 01 Aug 2017 07:14:41 -0400
Pfizer revenue misses on lower Prevnar, Enbrel sales
Reuters.com - Tue, 01 Aug 2017 07:47:14 -0400
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