Month: August 2021

Getty Images The enhanced child tax credit captured America’s attention this summer as millions of families began receiving payments. But Congress also boosted a lesser-known write-off this year for working families: the child and dependent care tax credit. Often conflated with the child tax credit, the child and dependent care tax credit offers working parents
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In the news: “Disgraced Gov. Cuomo files for $50K pension ahead of delayed resignation.” According to the New York Post, “Disgraced Gov. Andrew Cuomo filed retirement papers with the state to receive a $50,000 annual lifetime pension — just days before his resignation takes effect over his sexual harassment scandal. “’The governor just filed his application for service retirement.
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In the second of a two-episode series, Tax Notes contributing editor Marie Sapirie interviews Shuting Pomerleau, a climate policy analyst at the Niskanen Center, about her views on a carbon tax. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This
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The life sciences side of commercial real estate has been a flourishing asset class for a number of years. The pandemic has only served to solidify its stronghold within the commercial real estate sector. According to Newmark’s “2021 Mid-Year Life Science Overview & Market Clusters” report, venture capital firms accelerated their investments in life science
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In this article HOOD Newly public stock trading app Robinhood is not looking to do a secondary offering to take advantage of its retail investor-driven share price rise, according to the company’s chief financial officer. “It doesn’t resonate with me to call Robinhood a meme stock,” Robinhood CFO Jason Warnick told CNBC’s Kate Rooney on “Squawk
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Treasury Secretary Janet Yellen answers questions during a Senate Appropriations Subcommittee hearing on June 23, 2021. Greg Nash-Pool/Getty Images) States can pay benefits to the unemployed past a looming Sept. 6 expiration date using pandemic funds that Congress previously allocated to state and local governments, Labor and Treasury Department officials said Thursday. The American Rescue
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Theoretical physicist Michio Kaku lauded a recent nuclear fusion experiment at Lawrence Livermore National Laboratory. “This is a giant step toward the holy grail of energy research,” said Kaku, professor of theoretical physics at the City College and City University of New York. “To hit break-even, to extract more energy than you put in, and
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In this article M Shoppers visit Macy’s flagship store in New York, May 20, 2021. Eduardo Munoz | Reuters Macy’s on Thursday reported fiscal second-quarter profit and revenue that topped analysts’ estimates, as customers returned to its stores to buy denim, luggage and new dresses. The department store chain also hiked its outlook for 2021,
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An illustration showing physical bitcoins alongside binary code displayed on a laptop. Jakub Porzycki | NurPhoto via Getty Images Japanese cryptocurrency exchange Liquid said Thursday it has been hit by a cyberattack that saw hackers make off with a reported $97 million worth of digital coins. Liquid said some of its digital currency wallets had been “compromised,”
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