Few taxpayers were interested in or needed to know the “wash sale” rules, until recently. When stock prices rose steadily, the wash sale rules didn’t come into play. The rules matter only when investors sell stocks at losses. That’s why the wash sale rules have been more important since 2021. The wash sale rules were
Month: April 2023
Today’s Social Security column addresses questions about how spousal benefits are calculated, survivor’s benefits after taking reduced retirement benefits and earnings credits when self-employed. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc. See more Ask Larry answers here. Have Social Security questions of
In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A “Store Closing” banner on a Bed Bath & Beyond store in Farmingdale, New York, on Friday, Jan. 6, 2023. Johnny Milano | Bloomberg | Getty Images Bed Bath & Beyond on Sunday filed for Chapter 11 bankruptcy protection after it failed in several last-ditch
Barbara Corcoran experienced every professional’s worst nightmare: She landed her dream job, only to have the offer rescinded. Before the first season of ABC’s “Shark Tank” aired in 2009, a producer’s secretary reached out to Corcoran and asked the real estate tycoon to be an investor on the show. She “signed the contract without looking
The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Nvidia | via Reuters TipRanks is celebrating a decade of simplifying investment decisions through its data-driven research tools: Here is a list of the 10 best analysts on Wall Street. To come up with this list, TipRanks
Halfpoint Images | Moment | Getty Images Sales of electric cars are poised for a boom, spurred by factors such as federal policy, technological advances and environmental concerns. To that point, 41% of Americans are at least somewhat likely to buy an electric vehicle as their next car, according to a recent poll from the
We are accustomed to the utilization of equations in financial planning, and while most of those tend to be numerical, there are a growing number of formulas that apply to the utilization of our non-financial resources. These resources—such as our time, influence, energy, and relationships—can be as important as our money and can often be
An Ikea store stands in Brooklyn on April 20, 2023 in New York City. In its biggest investment in a single country, IKEA stores owner Ingka Group announced that it will spend 2 billion euros ($2.2 billion) expanding in the United States over the next three years. Spencer Platt | Getty Images Ikea will invest
Markets in Crypto-Assets (MiCA) is the first attempt at creating comprehensive regulation for digital assets in the EU. Sopa Images | Lightrocket | Getty Images Lawmakers in the European Parliament have approved the world’s first comprehensive package of rules aimed at regulating the cryptocurrency industry. In a vote Thursday, the EU Parliament voted 517 in
As usual, the politicians are missing the point: Success or failure of the IRS’s ambitious plan to spend $80 billion in new money won’t be measured by how many new staff it hires. Rather it will depend largely on the agency’s ability to hire the right people, upgrade and modernize its technology, and change its
Homes in Centreville, Maryland, US, on Tuesday, April 4, 2023. Nathan Howard | Bloomberg | Getty Images Sales of previously owned homes declined 2.4% in March compared with February, according to a monthly report from the National Association of Realtors. At a seasonally adjusted, annualized rate, that amounts to 4.4 million units. Sales were 22%
A major ETF provider hopes the grass will get greener for climate-related funds in the United States. Asset manager DWS launched the Xtrackers MSCI USA Climate Action Equity ETF [USCA] this month. It’s designed to mimic a growing investing trend in Europe that’s tied to limiting emissions rather than following broad environmental, social and governance
Today is 4/20, a counterculture holiday based on the celebration of cannabis. A few years ago, the day would have confounded some. Now, 4/20 is so mainstream that it trends on social media. Cannabis simply doesn’t have the same taboo as it once did, largely due to legalization efforts. History Of 4/20 While there are
Forbes Global Properties Mam-On Island in the Philippines is as authentic as island life gets. White sand beaches, turquoise waters, coral reefs, secret surf spots—and little else—make its Pacific Ocean setting a natural standout. What more could anyone want? Maybe an $11 million pristine property with 2,300 feet of shoreline in the country’s prime surf
An attendee makes a phone call by the AT&T Inc. stand on day two of the Mobile World Congress at the Fira de Barcelona venue in Barcelona, Spain, on Tuesday, Feb. 28, 2023. Angel Garcia | Bloomberg | Getty Images AT&T shares fell Thursday after the telecommunications giant reported first-quarter results that saw subscriber growth
In this article WRB PPG KNX CSX Follow your favorite stocksCREATE FREE ACCOUNT A CSX freight train is seen in Orlando. Paul Hennessy | Lightrocket | Getty Images Check out the companies making headlines in extended trading. CSX — The transportation company’s shares were up 2.6% after the company’s first-quarter earnings and revenue topped analysts’ expectations.
Soon, artificial intelligence could help teach your kids and improve their grades. That’s according to billionaire Microsoft co-founder Bill Gates, who says AI chatbots are on track to help children learn to read and hone their writing skills in 18 months time. “The AI’s will get to that ability, to be as good a tutor
WASHINGTON, DC – FEBRUARY 27: Student loan borrowers gather at Supreme Court the evening before the court hears two cases on student loan relief to state the relief is legal and needs to happen immediately on February 27, 2023 in Washington, DC. (Photo by Jemal Countess/Getty Images for We The 45 Million) Jemal Countess |
In a previous Urban Institute study, researchers spoke to parents with low incomes about how these dynamics affected their lives. We found that when families anticipate an increase in earnings, they tend to focus on the prospect of losing benefits rather than gaining access to tax credits. Losses feel scary for people, as benefits are
Forbes Global Properties A property on Maryland’s Eastern Shore takes in expansive waterfront views and features a modernized historic home and a collection of separate accessory buildings. Situated on the elevated Widgeon Point, the 20-acre estate, accessed by a gate flanked by Bevolo gas lamp-topped columns, leads to a point overlooking Trippe Creek, which sits
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