John McGowan of HubSync discusses artificial intelligence and its role in the tax field. 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 week: Friend or foe? Artificial intelligence has been a bit of a hot
Month: August 2023
When you’re in one of the various phases of the homebuying process, your actions in other areas could determine if you’re successful or not. For example, other types of purchases may appear to be unrelated, but they could negatively affect your mortgage application. “Lenders will review several factors when evaluating a mortgage application, including your
In this article BMY Follow your favorite stocksCREATE FREE ACCOUNT The Biden administration on Tuesday unveiled the first 10 prescription drugs that will be subject to price negotiations between manufacturers and Medicare, kicking off a controversial process that aims to make costly medications more affordable for older Americans. President Joe Biden’s Inflation Reduction Act, which
In this article 9866-HK Follow your favorite stocksCREATE FREE ACCOUNT Nio’s ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China. Getty Images | Getty Images News | Getty Images Chinese electric vehicle maker Nio lost $835.1 million in the second quarter, more than twice its year-ago
Martin Gruenberg, Chair of the Federal Deposit Insurance Corporation (FDIC), testifies about recent bank failures during a US Senate Committee on Banking, House and Urban Affairs hearing on Capitol Hill in Washington, DC, May 18, 2023. Saul Loeb | AFP | Getty Images U.S. regulators on Tuesday unveiled plans to force regional banks to issue
Bill Gates has spent years, and billions of dollars, working to combat climate change. The billionaire’s foundation has invested vast sums in various climate tech solutions while regularly raising the alarm about the leading contributors to climate change, like the greenhouse gas emissions stemming from major energy and manufacturing companies burning fossil fuels at prodigious
oatawa | Getty As the U.S. Department of the Treasury and IRS roll out proposed regulations for crypto tax reporting, experts say it’s critical for investors to accurately report and track activity. Stemming from the 2021 federal infrastructure bill, the agencies on Friday unveiled the long-awaited tax reporting proposal for cryptocurrency, non-fungible tokens and other
In this article CTRN AXP Follow your favorite stocksCREATE FREE ACCOUNT Violetastoimenova | E+ | Getty Images After making a big purchase with your credit card, you may log into to see your card balance and notice a new option to segment that purchase out and pay a lower interest rate on it over a
By Richard Eisenberg, Next Avenue The Pew Research Center frequently publishes fascinating studies about America and Americans, but its recent jobs survey was an eye-opener. Pew learned that employees aged 65 and older are the happiest. Specifically, its survey of 5,188 U.S. workers who aren’t self-employed found: Two-thirds of those 65+ are extremely or very
It’s a painful reality: The cost of homes is putting homeownership beyond the reach of a growing share of Americans. A new bill called The Neighborhood Homes Investment Act (NHIA) strives to address this problem, encouraging affordable home building and spurring renewal of distressed neighborhoods through the creation of a new tax credit. By supporting
A shopper pushes a cart with a TV in front of a Best Buy store in Chicago, Illinois, November 25, 2022. Jim Vondruska | Reuters Best Buy on Tuesday surpassed Wall Street’s quarterly sales expectations, but tempered expectations for the rest of the year as it feels the lull of post-pandemic spending on home appliances,
A BYD ATTO 3 is displayed during the British Motor Show at Farnborough International Exhibition Centre on August 17, 2023 in Farnborough, England. John Keeble | Getty Images News | Getty Images Shares of Chinese automaker BYD listed in China jump more than 5% Tuesday, a day after posting a stellar jump in first half
In this article MCW CRWD 9868-HK Follow your favorite stocksCREATE FREE ACCOUNT Xpeng G9 SUV is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) on April 18, 2023 in Shanghai, China. VCG | Visual China Group | Getty Images Check out the companies making headlines
They say love doesn’t cost a thing. But that certainly isn’t true of weddings. In 2022, couples in the United States spent, on average, nearly $30,000 to get married, according to a report from the wedding website The Knot. But it wasn’t always this way. In the 1950s, the “Complete Guide to Wedding Etiquette” advised
Share to Facebook Share to Twitter Share to Linkedin Corporate bonds can be a valuable building block in a retirement portfolio. They allow you to lock in attractive yields for periods ranging from a few to many years. That’s in contrast to instruments such as certificates of deposit and money market funds, for which the
I have a weird habit of remembering what I paid for things. Yes, I am the person that can tell you the approximate date I bought an item and how much I paid for it. This is particularly the case if I got something for a bargain. It took a while to figure out that
There are many ways to track home design trends. One of the best is considering what retailers are seeing specifiers and homeowners purchasing – especially retailers that cater to both professional and consumer clientele across the country, like the Ferguson Bath, Kitchen & Lighting Gallery chain and its Build with Ferguson website. Here are five
Electrical workers repair power lines leading into the fire ravaged town of Lahaina on the island of Maui in Hawaii, August 15, 2023. Mike Blake | Reuters Electric companies in the western U.S. are facing mounting lawsuits alleging that their failure to prepare for extreme weather has resulted in repeated, catastrophic wildfires that have taken
Boston Scientific Corp. Chitose Suzuki Check out the companies making headlines in midday trading. RPT Realty — RPT Realty shares surged 17% after Kimco Realty, an operator of open-air shopping centers, said it would acquire the real estate investment trust in a roughly $2 billion all-stock deal. Kimco CEO Conor Flynn said, “Approximately 70% of
Hero Images | Getty Images It’s getting harder to find new, cheap cars, according to auto experts. Consider this: In July, just one car model — the Mitsubishi Mirage — had an average new-vehicle transaction price below $20,000, according to Kelley Blue Book data. By comparison, there were a dozen vehicles that met that pricing
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