Food delivery on bicycle. Panning technique, blued motion Getty Tax Notes senior reporter Paul Jones talks with Richard C. Auxier, senior policy associate at the Urban-Brookings Tax Policy Center, about tax issues raised by the gig economy and how policymakers are working to address them. Note: This episode was recorded before a California court decision mandating
Month: August 2020
Starbuck’s pumpkin spiced latte. Source: Starbucks It may still be summer, but Starbucks is already getting coffee fans psyched for fall. On Monday, the coffee chain teased the return of its autumn offerings with a post on Instagram that gives people a fall-themed hotline to call — yes, you read that right — to get into a
Tim Cook, chief executive officer of Apple Inc., waves while arriving on stage during the Apple Worldwide Developers Conference (WWDC) in San Jose, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Apple — The company gained 2.2% in volatile trading, following last week’s strong rally that
Bill Gates is a tech icon and the world’s second-wealthiest person. So, it’s hard to imagine the Microsoft co-founder being jealous of anyone. However, as Gates reveals in a recent interview with the Armchair Expert podcast, the billionaire was envious of his one-time friend and rival Steve Jobs’ legendary charisma. In the interview, which was
The U.S. Department of Education will automatically suspend payments for most student loan borrowers through the end of the year. Mark Chilton | iStock | Getty Images Most student loan borrowers don’t have to start making payments on their debt again until January 2021. With Republicans and Democrats locked in a stalemate on the details of
TOPLINE New York Attorney General Letitia James sued the Trump Organization—along with the president’s son, Eric Trump—to force the company to comply as she investigates whether the company’s allegedly inflated its assets to secure loans and other deals, and comes as the Republican National Convention kicks off and President Trump makes his case for reelection
US President Donald Trump delivers remarks on the economy at an airport hanger on August 17, 2020 in … [+] Oshkosh, Wisconsin. (Photo by Brendan Smialowski / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images) AFP via Getty Images As the Republican Convention opens I expect President Trump will make the case he is best
The IRS announced that you can now amend your tax return by filing Form 1040-X electronically. All commercial tax-filing software accommodates this, the IRS notes. As IRS e-filing has grown during the past 30 years, the 1040-X, Amended U.S. Individual Income Tax Return, has been one of the last major individual tax forms that needed
U.S. President Donald Trump speaks at the 2020 Council for National Policy Meeting in Arlington, Virginia, on Friday, Aug. 21, 2020. Tasos Katopodis | UPI | Bloomberg | Getty Images President Donald Trump on Sunday will announce the emergency authorization of convalescent plasma for Covid-19, according to the Washington Post and other reports. The president
Take a look at some of the biggest movers in the premarket: AstraZeneca (AZN) – The White House is considering fast-tracking the Covid-19 vaccine candidate being developed by AstraZeneca and Oxford University, according to the Financial Times. The paper said one option being considered is having the Food and Drug Administration give the potential vaccine treatment
Tesla’s rapid run higher, which has seen the shares gain nearly 400% this year, has left one notable investor confused. “I really can’t explain Tesla,” Joel Greenblatt, co-CIO at Gotham Asset Management, said Monday on CNBC’s “Squawk Box.” “I think there’s a lot of speculation in the market and I think some of it’s there. I
JGI/Jamie Grill There may never be a better opportunity than now to teach your kids about money. Many parents are likely spending more time with their children thanks to closed summer camps and virtual schooling brought on by the coronavirus pandemic. “We don’t always get a chance in our life to pause and be this
Mother Using Laptop. (Photo by: marka/Universal Images Group via Getty Images) Universal Images Group via Getty Images As the pandemic rages on, there’s speculation about how Covid-19 is changing work, with many claims of a massive, permanent shift to working at home. But don’t sell your second car or turn in your commuter rail pass just yet.
As the CEO of a company whose mission is to help people secure retirement, I am obsessed with the unintended consequences of retirement planning and advice that focuses more on assets than income. It makes sense that the companies that produce this advice and manage the assets, from brokerages like Fidelity and Schwab to robo-advisors
Oddsmakers’ favorite for the White House Getty Images Accelerate capital gains and bonuses. Defer deductions and buying a Tesla. Here’s what to do by year-end if a big tax law change looks imminent. Per betting markets, it’s a 50-50 tossup whether the Democrats get both the White House and the Senate. If they do, taxes
Indian low-cost carrier IndiGo does not expect to be profitable in the next 18 months, according to the CEO of InterGlobe Aviation, which operates the airline. At the moment, the airline is flying at about 32% of its capacity, Ronojoy Dutta said on Friday. IndiGo is one of the largest carriers in the country, with a
A child wearing a face mask sits on the Charging Bull statue, also known as the Wall Street Bull, following the outbreak of the coronavirus disease (COVID-19) in New York, August 19, 2020. Carlo Allegri | Reuters Stock futures climbed slightly higher in overnight trading on Sunday as Wall Street tries to build on a
The coronavirus pandemic has thrown into sharp focus the role of government in supporting the economy during periods of crises. But it has also highlighted the role big business can play. Look at Singapore. As the Asia-Pacific headquarters for many major corporations, the country has long invested in business stability even as geopolitical tensions flare globally. So when
When tenants try to negotiate their leases in response to virus-driven shutdowns, and owners try to minimize the damage and stay in business, both parties should keep in mind some strategies and also some potential traps and pitfalls. My previous article discussed some of those. Here are a few more. When tenants try to renegotiate
Trump’s DOL is pushing 401k sponsors to include the highest cost, highest risk, most secretive … [+] “private equity” investments ever devised by Wall Street in retirement plans offered to America’s workers, without warning of the massive dangers. getty Trump’s U. S. Department of Labor is pushing 401k sponsors to include the highest cost, highest
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