Getty When it comes to tax and accounting services in the United States, many corporate clients are asking the question: Am I with the right firm? After all, last year was the first tax season under the Trump Administration tax overhaul – the Tax Cuts and Jobs Act. That brought pitfalls and opportunities. And now
Month: December 2019
Year-End Tax Planning is a must for Gay Couples with big incomes. Getty While year-end tax planning can be valuable for everyone, the tax savings can be even larger for gay married couples. According to the US Treasury Department gay married men make more, on average, than our straight married counterparts. Don’t despair ladies. Lesbian married
Share to facebook Share to twitter Share to linkedin Cash-out refinancing is on the rise. Getty With mortgage rates well below 4%, it’s no surprise refinancing has surged as of late. But according to a new report, homeowners aren’t just jumping in solely for low rates. They’re also taking the opportunity to cash in on
James Quincey, the CEO of The Coca-Cola Company, speaks during an interview with CNBC on the floor at the New York Stock Exchange, December 9, 2019. Brendan McDermid | Reuters Coca-Cola CEO James Quincey said that the beverage giant waited too long to make a sparkling water brand. “We should’ve done AHA, yeah, sooner,” Quincey
Soybeans are harvested from a field on Hodgen Farm in Roachdale, Indiana, November 8, 2019. Bryan Woolston | Reuters China is buying more U.S. soybeans, as both countries try to reach an initial agreement on trade. Between September and November this year, Chinese imports of American soybeans increased 13 times from the same period last
At the Dead Sea, travelers slather thick, mineral-rich mud onto their bodies and bake under the sun. In India, hot stones are strategically placed along the spine. From Iceland to New Zealand, people luxuriate in steaming natural hot springs. And in Morocco? Travelers are buried alive in sweltering hot sand in the name of health
J.P. Morgan stock is up more than 37 percent this year, but analysts at Keefe Bruyette & Woods don’t expect a repeat of that performance in 2020. The firm downgraded the stock to “market perform” from “outperform,” and placed a target price of $135 on the shares, which were trading for $134.41 at the close
Jamie Grill | Getty Images Why is it so difficult for people to do the right thing when it comes to money? We know what we should do — save for the future, track our spending and avoid credit card debt, for example. But for many of us there is a gap between what we
Planning is very important so that you don’t run out of funds stock.adobe.com As a CERTIFIED FINANCIAL PLANNER™ professional, the number one question I am asked repeatedly is ‘will I have enough money to last during retirement?’ According to a Consumer Reports’ 2017 nationally representative Financial Security Survey, 46% of baby boomers (individuals born between
WATERLOO, IOWA, DECEMBER 5, 2019: Presidential candidate Joe Biden addresses supporters.-(Photo … [+] credit should read Preston Ehrler / Echoes Wire / Barcroft Media via Getty Images) Barcroft Media via Getty Images When I heard that Democratic presidential hopeful Joe Biden was proposing to raise taxes by $3.2 trillion over 10 years, I flashed back
In the run-up to the 2008 Financial Crisis, and in assessing its aftermath, I posited that homeownership limited the mobility of human capital to the detriment of both the economic recovery and the financial wherewithal of homeowners with non-performing mortgages. With housing values underwater in many markets, and deeply underwater in ‘the sand states’ (as
A customer pulls into a McDonald’s restaurant in Shepherdsville, Kentucky. Luke Sharrett | Bloomberg | Getty Images McDonald’s black franchisees are choosing to leave the chain as the disparity in performance between their restaurants and their white counterparts grows, Business Insider reported Monday. The average cash flow of black franchisees is much less than the
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters The record-setting stock market rally will gain steam in 2020 as the stage is set for the global economy to recover, according to J.P. Morgan. Dubravko Lakos-Bujas, the bank’s chief U.S. equity strategist, set his 2020 price target for the
Desmond Chang has spent much of the past year in steaming kitchens and pungent food production facilities scattered around Chengdu — arguably the city with the spiciest cuisine on the planet. In all-night sessions over hotpots and baiju (a potent alcoholic spirit), he conspired with local residents Xu Fan and Yang Wen to make this
Shares of Agilent Technologies gained more than 3% in after-hours trading on Monday after hedge fund investor Bill Ackman revealed he has taken a stake in the lab testing equipment maker. A regulatory filing showed Ackman’s hedge fund, Pershing Square Capital, owns more than 2.9 million Agilent shares, bringing his stake to around $246 million.
Lauren Schaefer, 31, was managing events for the Columbia University Graduate School of Journalism when she quit to start her own wedding coordination company. Source: Lauren Schaefer When Lauren Schaefer started planning weddings, she never imagined it would become a full-time job. The 31-year-old worked in the events management industry for 10 years before she
Starling Bank CEO Anne Boden Starling The financial crisis was not just a wake up call for the world’s biggest banks – for some, it was a sign of opportunity. For Anne Boden, the CEO of British mobile-only challenger bank Starling, it was a time to totally rethink the financial services. Speaking with CNBC at
Should taxes drive your decisions? Most experts say not entirely. Other factors may take precedence. Getty Along with Christmas trees, Santa hats, and office holiday parties, year-end is also a key time for financial and tax planning, especially for the millions of employees and executives who have stock compensation, participate in an employee stock purchase
Joe Myszka, a partner at DLA Piper, discussed the proposed rules on cloud computing transactions with Tax Notes legal reporter Kristen Parillo. Read the podcast transcript below. This post has been edited for length and clarity. David Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: Regulating the Cloud. Earlier this year, Treasury and the IRS issued
Construction workers are seen outside a new house being built in Monterey Park, California on March … [+] 19, 2019. – The Los Angeles metro area is one of the worst areas in the country for first-time home buyers, according to a study released by Bankrate.com, which analyzed the 50 largest metropolitan areas in the
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