Need to call the IRS? You’re going to have to wait. Taxpayers and tax professionals alike have reported an uptick in service this season compared to last tax season. That’s likely attributable to new hires—the IRS has hired more than 5,000 new telephone assistors and added more in-person staff to help support taxpayers. Still, earlier
Month: February 2023
“I literally know when I walk in the front door,” says Adrienne Arsht, discussing how she knows when she wants to buy a property and the multiple high-profile transactions she has been involved in over several decades. Arsht spoke from her home in Chevy Chase, Maryland which she purchased for $10 million in 2020, down
In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Still from Universal and Dreamworks’ “How to Train Your Dragon 2.” Universal | Dreamworks Universal Pictures and DreamWorks Animation are taking a page out of Disney’s playbook. For the last decade, the Walt Disney Company has been transforming its classic animated features into live-action theatrical
Jakub Porzycki | Nurphoto | Getty Images Check out the companies making headlines in midday trading. Twilio — Shares jumped 14.2% after Twilio beat revenue expectations in its most recent quarter. The communications firm posted revenue of $1.02 billion, slightly better than the Refinitiv consensus estimate of $1 billion. related investing news This little-known AI
As we begin tax season 2023, small business owners are likely looking for ways to lower their tax bills for 2022. Hopefully, you are sitting on record profits for your highly successful business. However, record profits often mean record taxes. One of the best ways to lower last year’s taxes is to fully fund a
Forbes Global Properties Just in time for Palm Springs’ signature event―Modernism Week―a 1956 post-and-beam desert home has come to market for $2.2 million. Located in the city’s Deepwell neighborhood, the glass-rich 3,734-square-foot residence represents precisely what the famed Palm Springs week celebrates: classic midcentury architecture and design. In the four-bedroom home, which starts with walls
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Genaro Molina | Los Angeles Times | Getty Images Will the majority of travelers forgive Southwest Airlines and start buying tickets on the major U.S. air carrier again? To answer the question, it helps to have a deep knowledge in commercial aviation information technology operations,
In this article BOND Follow your favorite stocksCREATE FREE ACCOUNT With Wall Street jitters increasing over the number of interest rate hikes ahead, VettaFi’s Todd Rosenbluth sees signs of a comeback in managed fixed-income exchange-traded funds and away from passive ETF products. “It’s not clear how fast the Fed is going to slow down and
You’ve been pondering this side hustle idea for some time now, wondering if this is the one. You don’t want it to take up too much of your day (or your wallet) to implement it, but you do want it to be successful. Of course, there’s a far more important issue that’s bothering you. It’s
I’m starting to get this question more and more from do-it-yourself types hoping to save money. If computers can beat a world chess champion, they argue, why can’t they perform as good as or better than my local tax advisor? We’ll explore this issue in more detail below, but the short answer is no, artificial
Preserving the historical charm of a period property is a skill which is often overlooked and one which brings depth and soul to a residential space. In the case of property investment and development company Obbard, and design expert Kate Watson-Smyth, this was a critical factor in the recent redesign of No.1 St James, a
SDI Productions Despite the cooling market, many homeowners made money selling their property in 2022 — and part of that windfall may be taxable. Home sellers made a $112,000 profit on the typical sale in 2022, a 21% increase from 2021, and a 78% jump from two years ago, according to ATTOM, a nationwide property
In this article TXRH MRNA AMAT DKNG DASH Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | LightRocket | Getty Images Check out the companies making headlines in midday trading. DoorDash — The online food delivery platform’s shares jumped 7% after it reported a revenue beat and upbeat guidance. The company’s fourth-quarter revenue came in
In this article LNC CVNA AUTO-GB CARS Follow your favorite stocksCREATE FREE ACCOUNT Craig Stowell loves what he does for a living. He gets to follow his passion and go car shopping as a profession. Stowell owns Flying Wheels, a car dealership in Danville, New Hampshire. The business, which is valued at an estimated $3
Today’s Social Security column addresses questions about whether Social Security spousal benefits can only be paid for a limited time, eligibility for survivor’s benefits and how Social Security taxed wages are reported to Social Security. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc.
Forbes Global Properties There’s a lot to be said for living on a peninsula. The quiet residential streets of the Palos Verdes Peninsula, south of Los Angeles, take in views up and down the Southern California coastline as well as that of Santa Catalina Island. Among the four hillside cities on the landmass that juts
In this article AN Follow your favorite stocksCREATE FREE ACCOUNT Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images A solid fourth-quarter earnings report from AutoNation on Friday propelled the car dealer’s stock to a new all-time high and its best day
Paul Pierce #34 of the Boston Celtics celebrates after a play against the Los Angeles Lakers in the fourth quarter during Game Five of the 2010 NBA Finals on June 13, 2010 at TD Garden in Boston, Massachusetts. Elsa | Getty Images NBA Hall of Famer Paul Pierce, who won a championship with the Boston
Antony Ressler, co-founder of Ares Management, takes photos with students of the AltFinance Fellowship. Marcus Shaw, AltFinance The search for bigger profits and top talent is nothing new on Wall Street, but some firms are turning to an almost untapped resource: historically Black colleges and universities, or HBCUs. The AltFinance Fellowship is the brainchild of
Hoxton/Sam Edwards | Getty Images After kicking off tax season with customer service and technology upgrades, the IRS this week unveiled a new option allowing taxpayers to respond more easily to certain agency notices. The new feature lets taxpayers and professionals respond to nine notices online by digitally uploading requested documents, rather than responding by
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