Month: May 2023

Travelers arrive for flights at O’Hare Airport on May 25, 2023 in Chicago, Illinois. Scott Olson | Getty Images Memorial Day air travel surpassed pre-Covid pandemic levels, showing how consumers continue to shell out for trips despite persistent inflation. The Transportation Security Administration screened 9.79 million people from Friday through Monday, up slightly from the
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Taxpayer comments on the revisions to reg. section 1.861-20 in new proposed regs question rules that require using asset tax book values as a proxy for the payer’s earnings when remittances are made by a disregarded entity. Taxpayers noted the distortive effects of rules that use asset tax book values when assigning foreign taxes imposed
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These days, many people are worried about paying for college. Less than half of Americans are confident that they’re currently saving enough for future education expenses, according to a recent report by Edward Jones. Checking your 529 college savings balance may not provide much comfort, either. Last year, these popular savings plans took a hit
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In this article MS Follow your favorite stocksCREATE FREE ACCOUNT Starbucks opened its 6,000 store in mainland China in September 2022. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese consumer spending won’t return to pre-Covid levels anytime soon, a problem for international brands such as Starbucks, Morgan Stanley said in a report Sunday. Not
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I write this article on the somber weekend of the Memorial Day Holiday. With the significance of honoring the fallen, it is important to remember how we can help these “Gold Star Families”, a term coined during World War I. During this weekend, I was reminded of the families of the fallen due to my
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