Most high profile and widely reported tax charges involve felonies, but not all of them. And sometimes prosecutors go for felony convictions but fall short. As has been widely reported, Hunter Biden only ended up with misdemeanor charges, to which he plead guilty. These days, few people talk about or remember another high profile case
Month: July 2023
Once you’ve found a great real estate investment opportunity, it will be time to raise capital for the transaction. This step typically involves structuring the layers of equity and debt. In simple terms, equity refers to money that you’ll bring to the table and debt includes the different types of financing you’ll secure for the
In this article PRGO Follow your favorite stocksCREATE FREE ACCOUNT A package of the daily contraceptive Opill is seen in an undated illustration. Perrigo | via Reuters The first birth control pill sold without a prescription in the U.S. could remain out of reach for some women and girls because health insurance plans are not
The Public.com app displayed on a smartphone. Gabby Jones | Bloomberg | Getty Images American stock brokerage startup Public launched its services in the U.K. Thursday, marking its first international expansion its launch in 2017. The app, backed by celebrities including Will Smith and skateboarding legend Tony Hawk, will offer U.K. users commission-free trading in
Ignatiev | E+ | Getty Images Company: Mercury Systems (MRCY) Business: Mercury Systems is a manufacturer of essential components, products, modules and subsystems. The company sells them to defense prime contractors, the U.S. government and OEM commercial aerospace companies. Essentially, Mercury Systems makes the electronics that go into defense applications. Because it pays for its
While the thought of funding your retirement adequately might be daunting, if you start planning now, you’ll certainly be thankful later. It’s never too early to start thinking about retirement and it might not be as difficult as you think. Retirement usually entails replacing your annual salary from a workplace with other income sources to
It appears that the green energy tax breaks included in last year’s Inflation Reduction Act (IRA) are more popular among businesses than Congress imagined when it passed the bill. That likely will further increase the federal deficit but also reduce carbon emissions more than first forecast. Which raises the question: On net, is that a
After a frenzied market over the last three years, the latest data coming from Austin, Texas, is now pointing toward stabilization, with prices leveling out and inventory bouncing back. While the days of cutthroat bidding wars may be over—at least for now—the effects on the luxury segment of the market may prove long-standing. With much
In this article JBLU AAL Follow your favorite stocksCREATE FREE ACCOUNT American and JetBlue will stop selling seats on each other’s flights next Friday, two months after a federal judge ruled that the airlines’ partnership in the Northeast violated antitrust laws. The judge ordered the airlines to end their more than two-year partnership, which allowed
Changpeng Zhao, billionaire and chief executive officer of Binance Holdings Ltd., speaks during a session at the Web Summit in Lisbon, Portugal, on Wednesday, Nov. 2, 2022. Zed Jameson | Bloomberg | Getty Images Crypto exchange Binance is laying off employees in response to an ongoing Justice Department probe that is likely to end with
Kmatta | Moment | Getty Images For high school and college students, summer jobs are an opportunity to get used to earning a paycheck. With that earned income, those young workers are also eligible to start investing in a Roth IRA. Roth individual retirement accounts let workers set aside post-tax earnings toward retirement. In 2023,
If you want to become financially independent, you’ve got to know what it means to be financially independent. It’s not that difficult to get your arms around. A straightforward operational definition does the trick. “You will know if you are financially independent if you have eliminated your debt, have a financial reserve that can sustain
The IRS announced today that it is reopening previously closed taxpayer assistance centers (TACs), adding additional TACs, and starting a series of Community Assistance Visits to assist taxpayers in areas where the closest TAC is prohibitively far away. Funding from the Inflation Reduction Act provided the means for the IRS to increase its in-person customer
The 350-year-old Shawford Park estate recently made a cameo on season six of hit TV Showtime show Billions as the country home of hedge fund billionaire Bobby Axelrod, played by actor Damian Lewis. The estate, located in the English countryside of Hampshire in the U.K., is a Grade II-listed home that recently hit the market
Cans of PepsiCo’s Pepsi Zero Sugar soda are displayed for an arranged photograph taken in Tiskilwa, Illinois, on Wednesday, April 17, 2019. Daniel Acker | Bloomberg | Getty Images The U.S. Food and Drug Administration disagrees with a World Health Organization finding that the widely used soda sweetener aspartame possibly causes cancer in humans, saying
In this article UNH Follow your favorite stocksCREATE FREE ACCOUNT Representatives speak with customers at a UnitedHealthcare store in Queens, New York. Michael Nagle | Bloomberg | Getty Images UnitedHealth Group’s stock price jumped Friday after the health-care conglomerate reported second-quarter revenue and adjusted earnings that topped Wall Street’s expectations despite rising medical costs. The
A UnitedHealth Group health insurance card is seen in a wallet, Oct.14, 2019. Lucy Nicholson | Reuters Check out the companies making headlines in midday trading. JPMorgan Chase — Shares fell slightly even after the bank reported stronger-than-expected results for the second quarter, as it benefited from higher interest rates and better-than-expected bond trading. related
The Biden administration announced Friday it would be automatically forgiving student debt for 804,000 federal borrowers as a result of fixes to income-driven repayment plans. The borrowers — who will be notified of their relief in the coming days, the administration said — will have a total of $39 billion in debt forgiven just weeks
In this article BLK Follow your favorite stocksCREATE FREE ACCOUNT BlackRock‘s move into crypto fits into the asset management giant’s broader mission of creating products that are easy to use and cheap for investors, CEO Larry Fink said Friday. “We believe we have a responsibility to democratize investing. We’ve done a great job, and the
Jose A. Bernat Bacete | Moment | Getty Images Airfare to Europe hit an all-time high this summer. But those dissuaded by the sticker shock can still travel overseas in coming months and cut costs by perhaps hundreds of dollars a ticket. Flying to Europe from the U.S. during the fall “shoulder season” — in
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