Higher income earners received a momentary reprieve from the Internal Revenue Service (IRS). A planned change to catch-up contributions and how they’re classified for tax purposes was set to go into effect in 2024, but the IRS announced it will delay the change until 2026. When the Secure Act 2.0 of 2022 passed, it scheduled
Month: August 2023
The IRS has announced that beginning Jan. 1, 2024, businesses that are required to file Form 8300, Report of Cash Payments Over $10,000, may be required to file electronically instead of filing a paper return. Cash Reporting Requirements Under U.S. law, any individual or business who receives more than $10,000 in one transaction or a
Fall is almost here. If it’s been a busy summer filled with fun and travel, your home has probably been the last thing on your mind. So, if things need a little repair or refresh, now is the time. Remember, the holidays are just around the corner, so it’s important to get your home in
In this article CNK AMC Follow your favorite stocksCREATE FREE ACCOUNT Taylor Swift performs onstage during the Taylor Swift | The Eras Tour at Lumen Field on July 22, 2023 in Seattle, Washington. Mat Hayward/tas23 | Getty Images Entertainment | Getty Images Move over, Barbenheimer. This next big movie duo will make your head spin.
In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Salesforce CEO Marc Benioff walks with other attendees as they leave a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 12, 2023. Kevin Dietsch | Getty Images News | Getty Images Salesforce shares jumped 6% in extended
In this article UBSG-CH Follow your favorite stocksCREATE FREE ACCOUNT General view of the UBS building in Manhattan on June 5, 2023 in New York City. Eduardo Munoz Alvarez | View Press | Corbis News | Getty Images UBS shares reached their highest point since late 2008 during early trade in Zurich on Thursday, after
Some kids gain confidence from report cards and gold medals. Dallas Mavericks owner Mark Cuban built his by dancing. His mother taught him after the 12-year-old Cuban chipped his two front teeth and was forced to wear “silver stainless steel” caps, he told NBC’s “TODAY” last year. “I was a little short chubby kid [and] my
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Whenever you’re traveling somewhere by plane, you have to pack, get to the airport, go through security, find your gate and — in the last step before you can finally relax while being taken to your destination —board the aircraft. “Boarding is one of the
Source: Envato Elements Job openings and layoffs dropped slightly for another consecutive month in July, according to government data released on Tuesday. That slowdown is a sign the labor market is getting back to pre-pandemic patterns, economists say. The number of job openings edged down to 8.8 million in July, dropping from 9.58 million in June, reported
Millions of widowed, divorced or otherwise single adults live alone. With the changes of aging, new dangers emerge. Frailty, cognitive decline, and failing health set them up for serious situations and trips to the hospital. We consult about what to do here at AgingParents.com. Some of the issues friends, neighbors and distant family members bring
When people think of tax evasion and prison sentences, the first thought is Wesley Snipes, Todd Chrisley, or the recently dropped charges against Hunter Biden. Prison for tax fraud and evasion seems like it only happens to the rich and powerful; however, anyone can end up in prison for these crimes. The DOJ Is Actively
Many developers and design firms have looked to the adaptive reuse of underutilized office buildings as an answer to today’s dearth of affordable housing. But a superior solution may be found in converting the schools of yesteryear to much-needed housing. That is the conviction of architects at Moody Nolan, the nation’s largest Black-owned architecture firm,
A woman with a Shein bag after entering its first physical store in Madrid, June 2, 2022. Europa Press News / Contributor Fast-fashion juggernaut Shein is facing more scrutiny from elected officials in the U.S. who want the company to prove it doesn’t use forced labor before it files for a widely rumored initial public
Relations between Washington and Beijing are at their lowest in decades amid disputes over trade, technology, human rights and China’s increasingly aggressive approach toward its territorial claims involving self-governing Taiwan and the South China Sea. Jason Lee | Reuters BEIJING — China’s ambassador to the U.S., Xie Feng, has blamed U.S. tariffs and export controls
Artistgndphotography | E+ | Getty Images Most Americans see climate change as a major threat. But income level seems to guide one’s willingness or ability to live a greener lifestyle. Fifty-nine percent of high-income consumers always or often choose sustainable products, whereas that’s true for only 44% and 42% of mid- and low-income households, respectively,
“Should I stay, or should I go?” When The Clash sang those words over 40 years ago, the 401(k) plan barely registered in the retirement plan landscape. The idea of choice captivated workers. This newly defined contribution plan promised employees freedom that defined benefit plans only teased at and, more often than not, reneged upon.
The IRS as announced tax relief for individuals and businesses affected by Idalia in parts of Florida. These taxpayers now have until Feb. 15, 2024, to file various federal individual and business tax returns and make tax payments. The IRS is offering relief to any area designated by the Federal Emergency Management Agency (FEMA). Currently,
When it comes to housewarming gifts, most people think of kitchen gifts and bathroom gifts. However, experts recommend sleeping 8 hours a day – which is one-third of each 24-hour period. And even people who don’t reach the 8-hour threshold spend well over 6 hours a day in the bedroom, either sleeping or lounging in
In this article WEED-CA TLRY CRON-CA Follow your favorite stocksCREATE FREE ACCOUNT James Romano trims flower while working in CommCans processing facility in Medway, MA on Oct. 27, 2021. Beneath the trimmed flower is a tray collecting shake, cannabis flower that has naturally broken down through handling. Shake can be used in CommCans pre-rolled joints
In this article BF.B Follow your favorite stocksCREATE FREE ACCOUNT Jack Daniel’s Tennessee Whiskey Getty Images Jack Daniel’s maker Brown-Forman on Wednesday fell short of Wall Street expectations for its first quarter of fiscal 2024, plagued by lagging whiskey sales, supply challenges and a significant inventory rebuild. Net sales for whiskey products decreased by 1%, led
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