By Richard Harris, Next Avenue Contributor Winnona Merritt, who has one of these advance directives David Gilmer Not since the Spanish flu pandemic of 1918 has this country contemplated the unthinkable: rationing vital medical resources on a wide scale. Since the first confirmed case of Covid-19 in the U.S. in January, the pandemic has raised fears
2020 has already seen a big uptick in the number of Americans giving up their citizenship. So says the U.S. government’s 2020 second quarter list of published expatriates, the second highest number ever. Every three months, the U.S. Treasury Department publishes the names of individuals who renounced their U.S. citizenship or handed in a long-term green card. For
Aaron Marshall is CEO & Co-Founder of Keyrenter Property Management, the nation’s leading property management and real estate franchise. getty When starting a business, one of the biggest pressures we put on ourselves is to have this outstanding, never-before-seen concept or idea. Yet every professional businessman or woman will point to a certain person or company and
A pedestrian wearing a protective face mask walks past the Centers for Disease Control and Prevention (CDC) headquarters in Atlanta, Georgia, on Saturday, March 14, 2020. Elijah Nouvelage | Bloomberg via Getty Images The U.S. Centers for Disease Control and Prevention clarified on Friday that people who are infected with the coronavirus are not immune
New Zealand is considering negative interest rates, as it grapples with the severe economic impact caused by the coronavirus pandemic. In its interest rate decision this week, the central bank maintained its official cash rate at 0.25%, but also raised the possibility of going into negative territory. “The severe global economic disruption caused by the
“I really liked the job,” Alridge, 37, said. “I was able to put away a lot of money over the last two years; we were saving to buy an apartment.” Source: Matthew Aldridge When Matthew Aldrige was furloughed in March from his job as a server at La Pizza & La Pasta, an Italian restaurant
By Diane Eastabrook, Next Avenue Contributor getty In the first week of June, Karen Hirth did something the coronavirus had prevented her from doing for three months: move her 80-year-old Aunt Georgia into a nursing home. It wasn’t a hard decision. Georgia had been declining both physically and mentally for several months. A broken hip
getty Some TurboTax users are reporting that they have yet to receive a stimulus check due to a single checked box in the popular tax preparation software. The checked box asks if the taxpayer’s spouse can be claimed as a dependent by someone else. The issue first surfaced in a TurboTax support forum on April 24th. The
America’s cities and their suburbs have experienced comparable market dynamics when it comes to the … [+] days homes spend on the market, the number of pending sales, the share of abodes selling above their asking price and the overall growth in home values. getty Since the onset of the coronavirus pandemic, numerous headlines have
A bipartisan group of House lawmakers spoke with White House Chief of Staff Mark Meadows on Saturday morning in an effort to advance stalled discussions on the coronavirus economic stimulus package, a person at the meeting told NBC News. Seven members of the bipartisan “Problem Solvers Caucus,” who have previously met twice to try to
Chinese customers look at iphones at the official opening of the new Apple Store in the Sanlitun shopping area on July 17, 2020 in Beijing, China. Kevin Frayer | Getty Images Check out the companies making headlines before the bell: Apple (AAPL), Alphabet (GOOGL) – Apple and Alphabet’s Google unit are being sued by Epic
Robert Federico waited more than four months for his unemployment benefits to arrive. In the end, the payout was more than $23,000. But he endured financial hardship in the interim. Robert Federico Robert Federico’s situation was bleak — dire, even, by his telling. In March, the 52-year-old lost his job at a New York design
WASHINGTON, DC – AUGUST 13: U.S. President Donald Trump speaks during a briefing at the White House … [+] August 13, 2020 in Washington, DC. Trump spoke on a range of topics including his announcement earlier in the day of a new peace deal between Israel and the United Arab Emirates. (Photo by Tasos Katopodis/Getty
getty Close study of the Tax Cuts and Jobs Act appeared to give a fantastic break to businesses with less than $25 million in gross receipts. It appeared that they could change accounting methods and write off their inventories. Lucien Gauthier of the Boston Tax Institute promoted the concept, as I explained in Tax Cut
SoftBank Group chairman and CEO Masayoshi Son. (Photo by Tomohiro Ohsumi/Getty Images) Getty Images This spring, SoftBank, the Japanese conglomerate helmed by Masayoshi Son, backtracked on an offer to buy up to $3 billion of WeWork shares, a deal that would have netted the coworking firm’s cofounder Adam Neumann nearly $1 billion. It seemed, at
An intense multi-day heatwave kicked into high gear Friday, triggering power outages throughout California as the state’s power grid became overwhelmed by energy demands. A Stage 3 emergency alert was declared around 6:30 p.m. by the California Independent System Operator, which runs the state’s power grid. The agency has not declared a statewide emergency of
A powerful push in innovation is creating excitement among venture capitalists. Early stage angel investor Nidhi Chadda of Enzo Advisors finds the coronavirus fallout is producing a seismic shift in how the world does business, and she believes much of it will be permanent. “Over the past several years regardless of which industry we’ve been
Some Americans may still be recovering from the disappointment they felt after receiving stimulus checks for less than anticipated. One particular cohort that may have received reduced checks: those who were due $500 payments for children under age 17. The U.S. government rushed out $1,200 stimulus checks to Americans this spring after Congress passed the
getty At the end of 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was passed with dual purpose. The foremost focus of the act was to bolster retirement security throughout the country by providing broader access to retirement accounts. While that aspect of the SECURE Act is modest in magnitude, the second
Rows of coin stacks with toy blocks among the receipts symbolizing value added tax getty This article is based on a reader’s suggestion: Design a VAT regime to help the U.S. fisc recover from the COVID-19 pandemic. Challenge accepted. The concept isn’t as outlandish as it first sounds. A review of U.S. history shows that