The IRS is hiring thousands of new workers. Just weeks after the tax agency announced plans to ramp up its focus on millionaires, complex partnerships, and large corporations, details about related new positions have been made public. The IRS is hiring 3,700 new employees nationwide in more than 250 locations. The hiring is focused on
Month: September 2023
JLL released its Construction Trends and Mid-Year Outlook several days ago, updating its 2023 Construction Outlook published in March. The new report, with its updated set of projections, highlights several hurdles the industry faces during a time of enormous economic uncertainty. Specifically, the report examines general construction industry health, along with the state of the
In this article PARA NFLX WBD DIS Follow your favorite stocksCREATE FREE ACCOUNT Members of the Writers Guild of America East are joined by SAG-AFTRA members as they picket at the Warner Bros. Discovery NYC office on July 13, 2023 in New York City. Michael M. Santiago | Getty Images The Writers Guild of America
In this article MS Follow your favorite stocksCREATE FREE ACCOUNT The logo of Morgan Stanley is seen in New York Shannon Stapleton | Reuters Morgan Stanley has officially kicked off the generative-AI era on Wall Street. The bank plans to announce Monday that the assistant it created with OpenAI‘s latest generative AI software was “fully
The Inflation Reduction Act includes U.S. territories in the expansion of clean energy tax benefits, but only partially. The proposed elective payment regulations (REG-101607-23) define when territories and entities within them can benefit from the new regime. The proposed rules provide that applicable entities include U.S. territories and their political subdivisions, instrumentalities, and agencies, similar
As the weather gets cooler and daylight hours get shorter, our thoughts start turning toward the holidays. (There are only 65 days to Thanksgiving, after all!) That inevitably gets us pondering our holiday hosting plans. How many guests should we invite to our table? What should we serve? Do we need to make any changes
United Auto Workers members attend a solidarity rally as the UAW strikes the Big Three automakers on September 15, 2023 in Detroit, Michigan. Bill Pugliano | Getty Images DETROIT — The most recent contract proposal by automaker Stellantis to the United Auto Workers union could lead to the closure of 18 U.S. facilities, but it
Pictured here is Shenzhen in southern China. The city is sometimes considered China’s Silicon Valley. Nurphoto | Nurphoto | Getty Images BEIJING — In the years since Alibaba’s U.S. listing in 2014, early-stage investing has drawn tens of billions of dollars into China with relatively little to show for it. Among China-focused investment firms, only
Artistgndphotography | E+ | Getty Images The Federal Reserve is likely to skip an interest rate hike when it meets this week, experts predict. But consumers may not feel any relief. The central bank has already raised interest rates 11 times since last year — the fastest pace of tightening since the early 1980s. Yet recent data
IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters As the IRS pauses on processing new claims for a pandemic-era small business tax break, some filers are in limbo as the agency works on further guidance. The IRS on Thursday temporarily halted processing for amended payroll
Michael R. Stevenson is better known by his stage name of Tyga. Tyga is a successful rapper, who like many celebrities has found his way to Tax Court. His attorneys were pushing back against an IRS levy notice on a balance due of over $2 million for just 2019. It did not go well, in
The cream most certainly rises to the top at the Shangri-La Toronto Residences. The lower floors of the artfully designed glass-clad tower make up the renowned five-star hotel, the midsection contains condominium residences and the uppermost levels are devoted to what is known as the “private estate” collection. It is within this realm that one
Legendary golfer Gary Player thinks government and sports shouldn’t mix, as the golf world goes through a major merger that has triggered antitrust concerns. Speaking to CNBC at the Berenberg Invitational on Monday, the South African golfer said the two have become “too intertwined.” “We’ve got to get governments to stay out of sport. It’s
In this article VLO Follow your favorite stocksCREATE FREE ACCOUNT In an aerial view, the Valero Houston refinery is seen on August 28, 2023 in Houston, Texas. Brandon Bell | Getty Images Check out the companies making headlines in midday trading. Oil stocks — Petroleum refiners Valero Energy and Marathon Petroleum gained 1.5% and 1.2%,
Marco Vdm | E+ | Getty Images The wage gap costs women in the U.S. about $1.6 trillion a year, a new report finds. Women earned 78 cents for every dollar that men made in 2022, according to National Partnership for Women and Families. Researchers calculated the total cost to women of the wage gap
Westend61 | Westend61 | Getty Images Pay transparency is on the rise for job applicants — and momentum suggests that trend will continue, experts said. In August, 50% of online job listings advertised salary, up from 18.4% in February 2020, according to Indeed Hiring Lab, the economic research arm of career site Indeed. Such businesses
What is taxed and what isn’t can be confusing. In the case of disability pay, whether it is taxed or not usually depends on who paid for the disability insurance coverage. Perhaps your employer paid for your disability coverage, and you were covered as a fringe benefit. In that case, when you are disabled and
Homeowners renewing their insurance are seeing their premiums increase more than 20% according to a recent study, making housing even more expensive for a growing number of Americans. The study, conducted by Policygenius, found that Florida experienced the largest jump with premiums increasing by 35%. The steep increases in homeowner’s insurance costs contribute to the
In this article F GM STLA Follow your favorite stocksCREATE FREE ACCOUNT Demonstrators during a United Auto Workers (UAW) practice picket outside the Stellantis Mack Assembly Plant in Detroit, Michigan, US, on Wednesday, Aug. 23, 2023. Jeff Kowalsky | Bloomberg | Getty Images The United Auto Workers labor union launched targeted strikes against the three
Planning a holiday can be stressful — that’s where travel agents come in. But now, travelers have another option: chatbots like ChatGPT, Bard AI and Microsoft Bing. Simply input a prompt and watch the travel recommendations pour in. The best parts? It’s instantaneous and, for the most part, free. But which is better when it
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