The New Capital Journal

Financial news, views, advice, and guidance.

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All, Alerts New Capital Management All, Alerts New Capital Management

New IRS Guidance on State and Local Tax Refunds

If you received a federal tax benefit from deducting state and local taxes as an itemized deduction in a prior taxable year and you recover all or a portion of those taxes in the current taxable year, you may need to include a portion of the recovery in gross income.

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All, Alerts New Capital Management All, Alerts New Capital Management

U.S.-China Trade War: Who Pays the Price?

The fundamental issue is the imbalance in this relationship; the goods and services trade deficit of $379 billion represented more than 60% of the total U.S. trade deficit. For years, U.S. officials have accused China of using unfair trade practices to maintain this imbalance, even as China has grown into a global economic powerhouse.

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All Visual Capitalist All Visual Capitalist

All the World’s Carbon Emissions in One Chart

Two degrees Celsius may not seem like much, but on our planet, it could be the difference between thriving life and a disastrous climate. Over two centuries of burning fossil fuels have added up, and global decision-makers and business leaders are focusing in on carbon emissions as a key issue.

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All Visual Capitalist All Visual Capitalist

The Largest Producers of Crude Oil (1965-2017)

The global production of oil is driven by a host of complex factors, ranging from resource scarcity to a country’s access to the latest technological breakthroughs. As these factors play out, the oil production landscape can dramatically change.

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All, From Leonard's Desk Leonard Golub All, From Leonard's Desk Leonard Golub

Renewal

While I believe in tradition, habit, and age, I also believe there is nothing like renewal, in trying new things, in entering a new phase, in making changes.  I try new things all the time, and encourage you to do the same in your life.

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