Month: October 2023

Cecilie Arcurs | Getty Images There’s a staffing shortage in the accounting industry, and it’s not too early to lock in a tax preparer for next season. If you need someone with specialty expertise, such as the employee retention tax credit or cryptocurrency taxes, it may take longer to find a qualified match. But vetting
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When ALDI announced it was acquiring 400 Winn-Dixie and Harveys Supermarket locations in the Southeast U.S. in mid-August, the move signaled the Batavia, Ill.-based discount retailer would not be following the crowd. Rather than closing supermarkets, as many chains have, ALDI intends to surge ahead with store openings, unveiling 120 new stores nationally to reach
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David Paul Morris | Bloomberg | Getty Images The end of the year doesn’t just bring autumn leaves and jack-o’-lanterns, then mistletoe and the chance of snow — it can also bring on financial distress. Nearly half of all consumers say their financial standing fluctuates seasonally, and December is the most cited month for experiencing
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The Internal Revenue Service (“IRS”) released Notice 2023-63 on Friday, September 8th, providing guidance surrounding the requirement to capitalize Section 174 research and experimental (“R&E”) expenditures for the 2022 taxable year. While many tax accountants and business professionals welcome the additional guidance, the timing was not ideal. The guidance was issued seven days before the
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The Fluor Corporation logo is displayed on a smartphone. Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Fluor Corporation — The engineering and construction company gained 2% after UBS upgraded Fluor shares to buy. The Wall Street firm is bullish on Fluor after reaching agreements to complete
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Brian Snyder | Reuters With competition at an all-time high and admissions practices increasingly unclear, it’s not an easy time for college applicants. As colleges are being forced to rethink their policies in the wake of the Supreme Court‘s ruling against affirmative action, more schools are also choosing to end legacy preferences, adding uncertainty to the process. “There’s
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Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing on Sept. 28, 2023. Jonathan Ernst | Reuters House Republicans are pressing the IRS for answers after the agency paused processing new claims for a pandemic-era small business tax break. Lawmakers voiced “continued concerns” about the employee retention credit, or ERC,
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In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford F-150 pickup trucks are seen on Metro Ford’s sales lot in Miami, Florida. Joe Raedle | Getty Images DETROIT – Ford Motor’s third-quarter U.S. new vehicle sales increased 7.7% compared with a year earlier, led by higher sales of traditional pickup trucks across its
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With a boost from a growing number of cities and states, the souped up two-wheelers are increasingly displacing cars for short trips — and outselling EVs. By Rina Torchinsky, Forbes Staff Last Tuesday, at 11 a.m. local time, the city and county of Denver put the latest batch of applications for e-bike rebates online. By
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In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT A Boeing 787 Dreamliner operated by United Airlines takes off at Los Angeles International Airport (LAX) on January 9, 2013 in Los Angeles, California. David McNew | Getty Images United Airlines is ordering 110 additional Boeing and Airbus jetliners, locking in a supply of new
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