Month: August 2020

CRYPTIC: Restricted stock, restricted stock units, and restricted securities sound alike but are not … [+] the same. It’s important for employees to know which they have. getty Grants of restricted stock or restricted stock units (RSU) have become the equity compensation of choice for many public companies and some larger private companies. They may
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Intelligent and intelligible office buildings getty Big buildings move slowly It is a truth universally acknowledged that artificial intelligence will change everything. In the next few decades, the world will become intelligible, and in many ways, intelligent. But insiders suggest that the world of big office real estate will get there more slowly – at
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China on Monday announced that manufacturing activity expanded in the month of August as the country continued to recover from the coronavirus pandemic.  The official manufacturing Purchasing Manager’s Index (PMI) for the month of August came in at 51.0 as compared to 51.1 in July, according to the National Bureau of Statistics. However, the pace of expansion missed
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China’s five largest banks reported their biggest profit declines in at least a decade as they brace for further increases in bad loans in an economy weakened by the coronavirus pandemic. The five lenders — Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of China and Bank of Communications —
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In a recently released memorandum, the IRS discussed the taxation of convertible virtual currency received in a crowdsourcing market.  The issue presented in the chief counsel advice memorandum was “Is convertible virtual currency received by an individual for performing a microtask through a crowdsourcing or similar platform taxable income?” The memorandum concluded that, yes, convertible
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We have outlined many factors that impact deferred variable annuity performance: rollup rates and the frequency of their vesting, as well as how long they are applied, step-ups and their frequency, whether rollups stack on step-ups, guaranteed withdrawal rates, death benefits, investment choices, allowed asset allocation and the range of investment offerings, use of volatility-managed
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Economic Security Planning, Inc. Today’s column addresses questions about whether survivor benefits include delayed retirement credits (DRCs), potential effects of a public pension on spousal benefits, filing retroactively for Social Security retirement benefits and whether caring for parents might affect disability benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder
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