The United States Supreme COurt Building getty The U.S. Supreme Court has clipped the commerce clause’s nexus wings, and much ink has been spilled on whether the due process clause will enjoy a resurgence in cases on a nonresident’s tax liability. Court due process precedent abounds, cases with which state tax professionals are quite familiar. However, there
Month: November 2020
An undated photo of Jeff Fluhr, a StubHub cofounder who is angling to buy the business back. JEFF CHIU/AP The tangled saga of the ticketing marketplace StubHub grows messier still. In February, at the very start of the pandemic, StubHub was acquired for $4.05 billion by Viagogo, a European rival founded by one of StubHub’s
A worker passes a line of freezers holding coronavirus disease (COVID-19) vaccine candidate BNT162b2 at a Pfizer facility in Puurs, Belgium in an undated photograph. Pfizer | via Reuters Texas is preparing to start administering the first Covid-19 immunization shots in less than three weeks — as soon as the U.S. Food and Drug Administration
Dick’s Sporting Goods on Tuesday announced its current president, Lauren Hobart, is set to succeed Ed Stack as chief executive on Feb. 1. Stack, 65, will transition to executive chairman and remain chief merchant, the company said in a news release. He took over the business from his dad in 1984, when he was then
Justin Sullivan | Getty Images JPMorgan Chase agreed Tuesday to pay a $250 million fine after one of its U.S. regulators found a “pattern of misconduct” in its wealth management division. The Office of the Comptroller of the Currency said in a release that the New York-based bank’s risk management controls were “deficient” and the
“The difference between people who achieve their dreams and those who don’t is simple,” according to Spanx founder and CEO Sara Blakely. “It’s about action,” she said in an Instagram post on Monday. “It’s not about having a ton of brains or ton of money or a ton of experience,” according to Blakely. “Two decades
Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday that some of the stock gains in the market are “insane,” with investors recently buying certain names from Tesla to Royal Caribbean seemingly without regard for fundamentals or the state of the coronavirus pandemic and holding onto them. “Where are the profit takers” after
Mary Roberts has been working five jobs since August to stay afloat after the coronavirus pandemic decimated the cruise industry, where she was a director and choreographer. Mary Roberts Mary Roberts is not immune to the hustle as an artist. But the coronavirus pandemic has presented a challenge like she’s never seen before. Roberts, 39,
Despite CDC warnings urging us not to travel, millions of people will still be visiting with their families this Thanksgiving. Yes, it’s high risk. Yes, aging parents are more likely to get seriously ill if exposed to Covid-19 from a family member who carries the virus without feeling any symptoms. Nonetheless, families may choose to
WASHINGTON, DC – DECEMBER 13: Former Federal Reserve Chair Janet Yellen speaks during her last news … [+] conference in office. (Photo by Alex Wong/Getty Images) Getty Images Janet Yellen, president-elect Joe Biden’s pick for Treasury Secretary, would come to the job with largely predictable views on tax policy for a mainstream, center-left economist. A
Market downturns can be a prelude to profitability if you have the funds to take advantage of it. During a market downturn, real estate becomes more affordable. However, just like other assets, commercial real estate (CRE) investors need to find that sweet spot to get in just as the property values start to rise. The
Passengers arrive at Gatwick Airport, U.K. Dominic Lipinski – PA Images | PA Images | Getty Images LONDON — Travellers arriving in the U.K. will be able to cut their self-isolation period from 14 to five days starting next month if they test negative for the coronavirus, the British transport chief has said. As part
Best Buy‘s third-quarter earnings on Tuesday soared past Wall Street’s expectations, as the company continued to see strong demand for technology during the coronavirus pandemic. Shares of the company were down more than 2% in premarket trading early Tuesday. Despite its strong third quarter, the retailer declined to provide an outlook due to the uncertainty
It may take months for the dollar to stage a comeback. Brown Brothers Harriman’s Win Thin warns it will continue to weaken due to the surge in coronavirus cases. “What I’m focused on near-term is really the virus numbers and the resulting slowdown here in the U.S. in Q4 and parts of Q1,” the firm’s
CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters Tesla co-founder Elon Musk is now the world’s second richest person after he leapfrogged Microsoft billionaire Bill Gates, according to the Bloomberg Billionaire Index, which tracks the wealth
After Wall Street digested more positive coronavirus vaccine news and investors grew more optimistic on the reopening trade, CNBC’s Jim Cramer on Monday unveiled a list of “return to normalcy” stocks. “I think you have to buy a couple of these vaccine winners on any weakness, although when it comes to retail, I just say
A store displays a sign before closing down permanently in Arlington, Virginia. OLIVIER DOULIERY/AFP via Getty Images State and local officials have begun closing some businesses to counter a new surge in coronavirus infections, potentially putting Americans out of work for the second time since the spring. Delaware and Nevada are among the states where
Integrating the components of a retirement plan getty A core deficiency of existing retirement programs is that the three major components of a program — financial asset management, annuities, and HECM reverse mortgages — are organized, managed and marketed separately. As a result, important potential synergies from combining them are unrealized. The potential synergies vary
getty This year is a key one for taxpayers who are charitable inclined. It’s filled with some expanded tax benefits, but there’s also a long time trap you could fall into. The IRS and the Tax Court regularly deny deductions for charitable contribution deductions though acknowledging the contributions really were made. With some tax deductions,
Nothing To See Here Tim Tadder Fine art photography is something many people enjoy collecting and displaying on the walls of their homes. But unlike other types of art, buying it isn’t always such a straightforward process because unlike paintings or sculptures, photography is easily reproduced. But that doesn’t mean you should avoid investing in
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