Month: May 2019

SoftBank and its $100 billion Vision Fund have been spending billions of dollars around Silicon Valley, helping start-ups delay their IPOs, but is this strategy working? One of the company’s biggest investments, Uber, had disappointing results on its first day of trading at the NYSE, trading below its initial public offering price of $45. Does that
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Tax advisers are too conservative in claiming business losses for activities that seem to smack of being hobby loss cases and writers like me are partially to blame. That is my conclusion from a deep dive into studying decisions about Section 183 – Activities not engaged in for profit -. Don’t blame your adviser if
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Defense Department’s Patrick Shanahan, before he was tapped by President Donald Trump to serve as the department’s Acting Secretary Department of Defense The Pentagon presented a report to Congress on rare earth minerals in an effort to reduce reliance on China, according to a Reuters report. “The department continues to work closely with the president,
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Getty Getty The Internal Revenue Service announced new, higher contribution limits for health savings accounts for 2020 today. HSAs are the best way to save courtesy of Uncle Sam, with triple tax benefits. You put money in on a taxfree basis (usually through salary deferrals), it builds up tax free (you can invest it), and
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