Month: June 2020

Marina Pointe is among the new highly walkable communities along waterfronts in Tampa, Fla. BTI Partners Back in the 1970s, between years of grad school, I rode the rails around the country on an Amtrak railpass. When the pass and my cash expired, I found myself in Tampa. I got a room at the fleabag
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As many U.S. states continue to lift coronavirus lockdown restrictions, some are pausing their reopenings in the face of worrisome data around new cases and hospitalizations. States like Texas, Arizona and Arkansas have seen a surge in infections, calling into question aggressive reopening strategies.  Officials at the Centers for Disease Control and Prevention said Friday
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Matt Marfoglia, a waiter at the Tasting Kitchen in Los Angeles, was furloughed in March. Enhanced unemployment benefits are helping him make ends meet financially, but they may end after July. Matt Marfoglia Matt Marfoglia was living paycheck to paycheck before the coronavirus pandemic. Now, while unemployed, he’s barely scraping by.  The 51-year-old was furloughed
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Somerville’s Division St., a usually bustling pedestrian street, pictured from Main Street. In the front of the image is a sign for Somerville’s weekly cruise nights, which are “on hiatus due to Covid-19.” June 9, 2020. Will Feuer Somerville, New Jersey has enjoyed a rising tide in recent years. Main Street is usually bustling, drawing
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Income on a K-1 flickr Editorial/Getty Images If you ever receive a K-1 from a partnership, send it to your accountant without looking at it and expect that your accountant is tracking things thoroughly, pay attention. If you do your own return, pay even closer attention. IRS efforts to tighten up partnership reporting may be
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Private equity firm KKR’s co-chief executive officer and co-founder Henry Kravis said 80% of companies that it controls now have at least two board directors with diverse backgrounds. The firm set out to reach that threshold a few years ago and accomplished in the first quarter of 2020, Kravis said to CNBC’s Seema Mody on “The Exchange.”
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This article is a part of a series; click here to read Part 1. Another possible behavioral explanation is the feeling of being poorer after annuitization because of the resulting noticeably lower remaining account balance. This confuses total wealth with the spending power available from that wealth, but it can exert a powerful psychological influence
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If you have a taxable estate, consider yourself fortunate. I often tell clients, “paying estate taxes is a good problem to have.” It is better than the alternative – dying with few or no assets. But sometimes little thought is given to who will pay these estate taxes. An estate tax is a one-time tax
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Stord As large swaths of the country began shutting down in mid-March, 23-year-old Sean Henry was finalizing his company’s first acquisition. Atlanta-based Stord, a cloud-based warehousing platform, had spent months finalizing plans to buy transportation provider Cove Logistics to build out its freight capabilities. “The market has changed since we originally made this decision and
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Centene CEO Michael Neidorff in a CNBC interview Friday suggested that providing better education to at-risk youth is one solution to address the racial disparities that underscore the ongoing protests in America. When asked by Jim Cramer, the host of “Mad Money,” how corporations could offer money and jobs to address racial inequity in the country,
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A deliveryman is seen passing by a closed Taco Bell restaurant during the 45th day of state of alarm on April 28, 2020 in Barcelona, Spain. David Zorrakino | Europa Press News | Getty Images As the coronavirus pandemic upends consumers’ normal routines, Taco Bell is losing critical breakfast and late-night sales.   Parent company Yum Brands said Tuesday
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