Luis Alvarez Call it the never-ending tax season. It may be hard to believe, but taxpayers have approximately six weeks to file their 2019 income tax returns and pay taxes owed to the IRS. July 15 is the new Tax Day, as the Treasury Department moved the deadline to help taxpayers contend with disruption related
Month: June 2020
GetSetUp’s team holding a virtual staff meeting Neil DSouza As layoffs, furloughs and money worries escalate due to the coronavirus pandemic, many Americans are hungry for side gigs. According to a Jobvite report, 46% of workers surveyed in April said they plan to pursue a side job, up from 36% in February. But as much of
Employee stock purchase plans (ESPPs) offer more shelter from down and volatile stock prices than … [+] stock options do. Getty When stock prices fall, the topic of underwater stock options tends to rise. Companies have well-established choices for handling employee stock option grants in which the market price of the company’s stock is cheaper
A new survey shows a growing comfort with attending open houses again. Boston Globe via Getty Images The coronavirus pandemic has cut into open houses in a major way, but a new survey by the National Association of Realtors suggests potential home buyers are eager to resume visiting open houses. A majority of people, 65%,
Denver Police officer Nate Magee chants with protesters marching during the fifth consecutive day of demonstrations in the aftermath of the death of George Floyd on June 1, 2020 in Denver, Colorado. Michael Ciaglo | Getty Images U.S. cities are assessing the aftermath of another night of protests sparked by the killing of George Floyd
A worker examines a sewage recycling pool in the coal liquefaction factory of CHN Energy in Ordos, north China’s Inner Mongolia Autonomous Region, April 11, 2019. Xinhua | via Getty Images BEIJING — China has a lot more to worry about at home than its foreign policy. Some energy-related companies in the country have found themselves caught
In just a few days, bail funds across the country have received tens of millions of dollars in donations after the killing of George Floyd, a black man, while in police custody in Minneapolis. The influx of donations is so large in such a short period of time that some funds, including the Minnesota Freedom Fund and the Brooklyn Bail
A woman passes a hair salon ready to reopen in Arlington, Virginia, on May 28. Olivier Douliery/AFP via Getty Images The federal expansion of jobless benefits has made one part of the unemployment system especially lucrative for both workers and business. But many aren’t taking advantage. The niche in question — work-sharing programs, also known
In 14 days, the Small Business Administration processed 14 years’ worth of loans, in the first round of funding for the Paycheck Protection Program. The second round has been an entirely different story. After a rush to replenish the program with $310 billion in additional funding, the second funding round began April 27. More than a
TOPLINE Shares of Tiffany & Co. plunged on Tuesday after a report that its blockbuster $16.2 billion takeover by luxury goods giant LVMH, which would have been the biggest luxury brand deal ever, is now looking less likely to go through. Trading was briefly halted as the jeweler’s stock plunged. Budrul Chukrut/SOPA Images/LightRocket via Getty
DORAL, FL – MARCH 06: Republican presidential candidate Donald Trump makes an appearance prior to … [+] the start of play during the final round of the World Golf Championships-Cadillac Championship at Trump National Doral Blue Monster Course on March 6, 2016 in Doral, Florida. (Photo by Mike Ehrmann/Getty Images) Getty Images The Eleventh Circuit
Part One of a two-part piece on rent-stabilized multifamily investment 814 Amsterdam Avenue, New York, NY Ariel Property Advisors When it comes to multifamily real estate investment, rent-stabilized housing can be an under-appreciated asset in the right circumstances. In cities like New York, where strict new rent regulations have dulled investor appetites for multifamily housing,
Barra’s message, according to a GM spokesman, was posted on the company’s internal intranet Sunday. It was then distributed to thousands of GM dealers and suppliers on Monday. Barra said she is commissioning an “inclusion advisory board” of both internal and external leaders, which she will chair. “Putting this in writing is not enough,”
Merchandise is displayed for sale at a Dick’s Sporting Goods Inc. store in West Nyack, New York. Craig Warga | Bloomberg | Getty Images Dick’s Sporting Goods on Tuesday reported a decline in same-store sales of almost 30% for the first quarter, when stores across the country were shut during the coronavirus crisis. The retailer
The New York Stock Exchange (NYSE) stands in lower Manhattan on May 18, 2020 in New York City. Markets surged today as promising details of a potential COVID-19 vaccine were released and more European countries gradually re-opened after months of lockdown. Spencer Platt | Getty Images This is a live blog. Please check back for
Corporate and nonprofit leaders are echoing the anger, pain and frustration expressed by many Americans after the death of George Floyd, the 46-year-old black man who died in police custody in Minneapolis on May 25 after a white officer kneeled on his neck for more than eight minutes. On Monday several black leaders in business
SpaceX’s Crew Dragon spacecraft docks with the International Space Station on May 30, 2020. NASA CAPE CANAVERAL, Fla. — The inaugural SpaceX astronaut mission successfully completed the first leg of its journey on Sunday, docking with the International Space Station. “It’s been a real honor to be just a small part of this nine year
Chip Somodevilla | Getty Images Millions of Americans are suffering financially amid the gradual reopening of the U.S. economy. And there are multiple ways the U.S. government could extend more relief. The question is which one it will choose — and exactly how much cash could end up in your wallet. As the coronavirus pandemic
©Dilok – stock.adobe.com The dominance of bigger stocks is a risk that must be dealt with. Here’s how to do that. You don’t need me to tell you that when you are putting your hard-earned wealth at risk in the stock market, you need to focus on what you are doing. However, that’s not the
Economic Security Planning, Inc. Today’s column addresses questions about the effect on benefit rates of years with no income, how early filing reductions are applied for spousal benefits, survivor benefits at 50, timing of spousal benefits and the earnings test. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president