Month: April 2021

Two major lobbying groups for the U.S. automotive industry are urging updates to federal vehicle safety regulations in the wake of high-profile crashes involving Tesla vehicles. During a Senate subcommittee hearing Tuesday, executives with the Alliance for Automotive Innovation and Motor & Equipment Manufacturers Association said the U.S. needs better standards and protocols to address
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In this article GOOGL Sundar Pichai, chief executive officer of Google Inc. Bloomberg | Getty Images Alphabet reported on Tuesday its first-quarter results. Here’s how Google’s parent company fared in the quarter relative to what Wall Street analysts polled by Refinitiv expected: Earnings: $26.29 per share vs. $15.82 per share expected Revenue: $55.31 billion vs. $51.70
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FatCamera Retirees concerned about inflation eroding the value of their money may want to consider hedging against the possibility. Treasury inflation-protected securities, or TIPS, could be an appropriate option.  Like typical Treasury bonds, TIPS are issued and backed by the U.S. government. However, they operate a bit differently. And depending on how you use them,
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In the latest episode of Tax Notes Talk, David Thompson of the National Council of Nonprofits talks about how tax policy affects tax-exempt organizations and tax issues on the nonprofit industry’s radar today.  The post has been edited for length and clarity. Fred Stokeld: I’m here today talking with David Thompson, vice president of public policy
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Accessory dwelling units are a fast-growing trend in the real estate industry, especially in high-priced markets like California’s major metros. One increasing use for these tiny spaces is seniors turning their long-time residences over to their adult children’s families and moving into small bonus homes added to their properties. “The number of permits taken out
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Cape Canaveral, Florida, United States – A SpaceX Falcon 9 rocket carrying 58 satellites for SpaceX’s Starlink broadband internet network and three SkySat earth-imaging satellites launches from pad 40 at Cape Canaveral Air Force Station on August 18, 2020 in Cape Canaveral, Florida. Paul Hennessy | NurPhoto | Getty Images The Federal Communications Commission approved
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BET founder Robert Johnson told CNBC on Tuesday he hopes corporate America will support efforts that boost Black Americans’ access to capital with the same vigor as many companies recently did around voting access. Johnson’s comments on “Squawk Box” came one day after the entrepreneur went public with a proposal that would give preferential tax
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CNBC’s Jim Cramer on Tuesday expressed some disappointment in Tesla‘s first-quarter earnings report and subsequent conference call. “I have to be somewhat critical. This was not the blowout quarter,” Cramer said on “Squawk on the Street,” describing the numbers released Monday by the electric vehicle maker as “very good” relative to certain industry peers. He
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Caitlin Flanagan’s critique of private schools in a recent article in The Atlantic doesn’t focus on the tax treatment of donations to educational institutions. But one of the first concrete problems she identifies in her assessment of the inequities surrounding exclusive private schools with expensive tuition is that they benefit from the deduction for charitable contributions in section 170. 
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