Partygoers with unicorn masks at the Hometown Hangover Cure party in Austin, Texas. Harriet Taylor | CNBC Bill Harris, former PayPal CEO and veteran entrepreneur, strode onto a Las Vegas stage in late October to declare that his latest startup would help solve Americans’ broken relationship with their finances. “People struggle with money,” Harris told
Month: December 2022
The $1.7 trillion federal spending bill includes a new change that will curb the abuse of tax incentives for land conservation. Pictured, Montana. Mike Kemp | In Pictures Ltd. | Corbis Historical | Getty Images The $1.7 trillion federal spending bill includes a change designed to curb the abuse of tax incentives for land conservation.
So, you thought New Year’s resolutions were for losing weight and giving up eating corn dogs. Naw, the most exciting New Year’s resolutions are estate planning commitments. So, when you head off to Times Square to watch the ball drop, take along pen and paper so you can jot down all your estate planning commitments.
I have been a tax writer of sorts for thirteen years. What I write about is stuff that I find interesting. And I have to tell you that 2022 does not rate that high for interesting. Still there were a few things worth remembering. On reflecting on what I find interesting I realized that it
Signing on to represent an expired listing or a property that failed to sell before the listing’s expiration date is not something every real estate agent eagerly undertakes. After all, an expired listing may signal a problematic property, difficult sellers or an unpredictable market. However, for top Beverly Hills agent Paul Salazar, rebranding expired or
In this article TSLA RACE-IT Follow your favorite stocksCREATE FREE ACCOUNT The Ferrari SP38 seen at Goodwood Festival of Speed 2022 on June 23rd in Chichester, England. Martyn Lucy | Getty Images This year wasn’t about which auto manufacturer stock performed the best. It was about which stock managed to escape the worst of the
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Digital currency exchange Kraken will close down its operations in Japan next month, in another sign of consolidation in the battered crypto industry. In a blogpost on Wednesday, Kraken
Protesters calling for student debt relief demonstrate outside the Republican National Committee’s Washington, D.C. offices on Nov. 18, 2022. Paul Morigi | Getty Images Entertainment | Getty Images With President Joe Biden‘s sweeping student loan forgiveness plan on hold, tens of millions of Americans who borrowed for their college education remain in the dark about
Today’s high estate and gift tax exemptions could be slashed in a few years. Maximize those and other benefits now. The proposals to substantially increase estate and gift taxes that were widely-discussed in 2021 are off the table for now. But the current lifetime estate and gift tax exemption is scheduled to be cut in
It’s time to make sure that your house is ready for cold weather. These steps, most of which you can take yourself, will help lower your utility bills and protect your investment. As the winds howl, the snow flies and the temperatures fall, they will also aid in peace of mind and physical comfort. Tune
A queue of ambulances outside the Royal London Hospital emergency department on Nov. 24, 2022, in London. In the U.K., the number of “economically inactive” people — those neither working nor looking for a job — between the ages of 16 and 64 rose by more than 630,000 since 2019. Leon Neal/Getty Images LONDON —
In this article 9866-HK PTON LUV TSLA Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: China ADRs – Shares of China-based companies that trade in the U.S. rose in the premarket after the easing of Covid restrictions by the Chinese government. Among them: Alibaba (BABA) was higher by
Billionaire Charlie Munger thinks we should all be a lot happier. Munger, the longtime investment partner and friend of fellow billionaire Warren Buffett, says he doesn’t understand why people today aren’t more content with what they have, especially compared to harder times throughout history. “People are less happy about the state of affairs than they
Insta_photos | Istock | Getty Images If you’re getting close to retirement age, there are some upcoming changes enacted as part of a government funding bill that may be of interest to you. Dozens of retirement-related provisions known as Secure 2.0 were included in an omnibus appropriations package that cleared Congress last week. While the
Introduction New Year’s is a great time to commit to reviewing and cleaning up your estate planning. One of the most important and common estate planning documents is a power of attorney. As part of your New Year’s resolutions, commit to making sure you and your loved ones (including any children or others you are
by Tax Notes State editor Doug Sheppard The hiring of Sharonne Bonardi as executive director of the Federation of Tax Administrators in January 2022 reflected a pattern from throughout her career: She was the first person of color and second woman to earn the role as the head of the nation’s only association supporting the
If there’s anything the pandemic showed Americans, it’s that their lives need not be as rooted as once was the case. According to some reports, contract signings for part-time residences have risen 70% since pre-pandemic days. For many people, a more flexible lifestyle means choosing pieds-a-terre that enable departures from their usual abodes. For instance,
Asylum seeking migrants from Central America sit next to a vehicle that was stopped by police after crossing the Rio Grande into Eagle Pass, Texas from Mexico along U.S. Route 90, in Hondo, Texas, U.S., June 1, 2022. Shannon Stapleton | Reuters The Supreme Court ruled Tuesday to keep in place for now a controversial
Southwest Airlines aircrafts are seen at Baltimore/Washington International Thurgood Marshall Airport (BWI) on December 22, 2021 in Baltimore, Maryland. Alex Wong | Getty Images Check out the companies making headlines in midday trading. Southwest — Shares dropped 6% after the company canceled 70% of its scheduled flights and warned that mass disruptions would continue “for the next
Hispanolistic | E+ | Getty Images If you’re worried about getting a tax form from payment apps like Venmo or PayPal, you’re now less likely to receive one for 2022 — thanks to a change from the IRS. The agency on Friday announced a one-year delay for a new tax reporting rule, requiring payment services
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