Hands holding piggy bank with Roth IRA. Pension plan. Getty We’re a few days away from this year’s tax deadline on July 15th. It’s also the deadline to make contributions to an IRA for 2019. Contributing to a Roth IRA can be particularly beneficial. (If your income is too high to contribute to a Roth
Month: July 2020
Getty If you’re a small business owner, it’s likely that the COVID-19 pandemic has left you little time to think about the upcoming tax filing deadline on July 15. Over the last few months, you’ve dealt with temporary lockdowns, lost revenue and layoffs—all while applying for desperately needed assistance. Many small business owners understandably breathed
The real estate sector has an opportunity to strategize for a more resilient future. Ariel Property Advisors Even before the Covid-19 pandemic, there was widespread skepticism about the future of brick and mortar retail. It didn’t help that many retailers, from international chains to local shops, were investing in experiences to drive foot traffic and
Prostitutes in Germany are demanding the right to get back to work as the country’s brothels remain closed due to the coronavirus pandemic. Approximately 400 prostitutes and brothel operators from across Germany demonstrated in the red light district of Hamburg on Saturday, Germany news agency Deutsche Welle reported Sunday. Prostitution is legal and regulated in Germany
Wilmington Trust’s Meghan Shue sees a battle is underway on Wall Street as coronavirus cases surge and companies get ready to report second quarter earnings. According to the firm’s head of investment strategy, there’s a tug-of-war between market skepticism and fear of missing out. “We are definitely seeing a tremendous amount of skepticism about this
An event held in Hong Kong for investors interested in U.K. property. Uptin Saiidi | CNBC A lot of the wealthy, wealthy Hong Kongers already have a footprint in the U.K. and they’ve already started some of that displacement of capital or diversification of capital outside of Hong Kong James Dempsey Asia sales director at
WASHINGTON, DC – APRIL 27: The Internal Revenue Service headquarters building appeared to be mostly … [+] empty April 27, 2020 in the Federal Triangle section of Washington, DC. The IRS called about 10,000 volunteer employees back to work Monday at 10 of its mission critical locations to work on taxpayer correspondence, handling tax documents,
As states take differing approaches to re-opening and closing, some parts of the economy continue to see improvement from the start of the pandemic while others continue to struggle. Some states have instituted mask mandates and other measures, such as closing indoor bar service, amid rising coronavirus cases. These five charts illustrate trends in important
A pedestrian passes in front of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, June 3, 2020. Michael Nagle | Bloomberg | Getty Images Stock futures rose in overnight trading on Sunday as investors looked past a record spike in coronavirus cases in Florida. Futures on the Dow Jones Industrial Average
Economic Security Planning, Inc. Today’s column addresses questions about whether the earnings test would reduce retirement benefits, retirement benefits before survivor benefits, benefits based on a common law marriage and whether an divorced spouse could be eligible for survivor benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
Bob Jones, Jr., and Bob Jones III (younger man wearing gray suit), president of Bob Jones … [+] University, outside U.S. Supreme Court during hearing on tax exemption case. Bettmann Archive The Key Words The second part of President Trump’s education tweet has the key words that form the basis for an IRS attack on
Simon Property Group appears to be having an outsized role in the retail reset, by choice and … [+] otherwise. Sanford Stein The real estate advisory firm RCLCO just released its mid-year 2020 real estate projections, which includes opinions of hundreds of high-level real estate executives. And to no one’s surprise, they stated that “the
Healthcare workers wait for patients at the COVID-19 drive-thru testing site at the Duke Energy for the Arts Mahaffey Theater on July 8, 2020 in St. Petersburg, Florida. Octavio Jones Florida reported 15,299 confirmed coronavirus cases in a single day on Sunday, the largest surge in infections since the start of the pandemic that brings
Costco store in Teterboro, New Jersey. SOPA Images | LightRocket | Getty Images How to pinpoint top stocks primed to outperform during this uncertain time? Here are a few of the names the best-performing Wall Street analysts are betting on right now. As we move into the second half of the year, it could make
Tomas Vargas, Jr., of Stockton, Calif., says that receiving money through the city’s universal basic income experiment has been life changing. Snap Jackson Photography A few years ago, Tomas Vargas, Jr., was having a tough time supporting his family. The Stockton, California, resident, a part-time supervisor at UPS, found his paychecks were not enough to
Chicago Tribune:Allen Beaulieu Are investors ready for another Housequake? Depending on your age, your view of the Nasdaq is different. If you are a baby boomer or older, you remember the time when “Nasdaq” might have been a slang term for Nirvana (the concept or the band, or both). If you are under 50 years
Attorney General William Barr listens as United States President Donald J. Trump, unseen, speaks in the Rose Garden of the White House in Washington, D.C., U.S., on Tuesday, June 16, 2020. Stefani Reynolds | Bloomberg | Getty Images Attorney General William Barr spoke with President Donald Trump about Roger Stone and recommended against granting him
Gerard Miller | CNBC Amid historically aggressive policy moves from the U.S. central bank and Congress, Dallas Federal Reserve President Robert Kaplan said the most important thing for the economy now is wearing protective face coverings. Masks in public, Kaplan said, are key to stopping the coronavirus spread, which is increasing in record numbers and
PeopleImages Your insurance is up for renewal. Your cell phone contract could be coming to an end after a few years. Cable rates rise as regularly as the sun. Once or twice a year, the clock resets on various contracts. And there’s one thing you can pretty much count on. “Prices go up without fail,” said
Atticus is the CEO of PadSplit, an affordable, shared housing model that creates financial independence for workers. Getty If you ask a person of color, they’ll likely tell you they’ve been unjustifiably pulled over while driving. We hear this example often when discussing racism in our society, and it’s for good reason. Not only are there countless
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