In December 2014, commissioner Gary Bettman told teams that he projected the salary cap to increase to at least $73 million for the 2015â16 season, citing the fluctuating value of the Canadian dollar. The cap was ultimately set at $71.4 million.he 2016 NHL Winter Classic, the annual regular season outdoor game, will be held on Friday January 1, 2016 at Gillette Stadium in Foxborough, Massachusetts.
Each year a taxpayer must calculate and then pay the greater of an alternative minimum tax (AMT) or regular tax. Effectively for high income earners who mitigate their tax position from the day-to-day income tax, an end-of-year consolidation of all taxable income is requested and submitted.
What is my projected required minimum distributions? Current tax law specifies that once you reach age 70 1/2 you must begin making taxable withdrawals from your Traditional IRAs and many other retirement plans. These minimum distributions are calculated annually based on your age, account balance at the end of the previous year, marital status and spouse's age.