Twenty/20 After facing the reality of how expensive fresh flowers could be when planning her own wedding, Della Larca founded Florèal Blooms, her luxury silk flower rental business, three and half years ago from her basement in Butler, New Jersey. Larca’s business swelled last year, and she recently moved to a larger workspace to accommodate
Month: August 2023
The Mega Millions jackpot grew to $1.25 billion on August 3, 2023. Justin Sullivan | Getty Images After months of no winners, the Mega Millions jackpot has grown to an estimated $1.25 billion this week, the fourth-largest prize in the game’s history. If you win, there’s a choice between two pretax options: an estimated $625.3
With national labor market data showing that the economy only provides jobs for one out of every five Americans with intellectual and developmental disabilities, the opportunities for those with I/DD in the workforce are clearly lacking. Amy and Ben Wright, co-founders of Bitty and Beau’s Coffee, are entrepreneurs — and parents — making a dent
Every demographic has its own unique set of planning nuances. For Orthodox Jewish families this includes their strict observance of Jewish law such as observing the Sabbath and eating kosher food. Taking the time to understand certain nuances related to living an Orthodox Jewish lifestyle is an essential first step for developing a sensible strategy
IRS Commissioner Danny Werfel recently appeared at the National Association of Tax Professionals’ annual Taxposium conference via a recorded message. He wanted to thank the audience members for their “service to the nation” and their role in helping make the U.S. tax system work. He then spoke about the IRS Strategic Operating Plan and how
If you are a seller of appreciated property, it may be attractive to sell it on the installment method. That way, you pay tax over time as you get the installment payments, rather than paying tax all at once. Subject to technical rules and limits, hat is perfectly legal, section 453 of the tax code
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Kevin Mazur | Getty Images Entertainment | Getty Images Warner Bros. Discovery reported second-quarter results Thursday that fell below Wall Street expectations across the board and revealed subscriber totals that were down from the previous quarter. Global direct-to-consumer streaming subscribers at the end of the
In this article CVS Follow your favorite stocksCREATE FREE ACCOUNT A customer exits a CVS Health Corp. store in Oakland, California, U.S., on Friday, Aug. 2, 2019. Michael Short | Bloomberg | Getty Images CVS Health on Wednesday reported second-quarter earnings and revenue that beat expectations, as the company slashes costs and lays off thousands
Empty bottles of Moderna’s Covid-19 vaccine. Fred Tanneau | AFP | Getty Images Check out the companies making headlines before the market opens. Qualcomm — The chipmaker slipped 8.5% after it posted $1.87 in adjusted earnings per share on $8.44 billion in revenue for the second quarter, while analysts polled by Refinitiv respectively anticipated $1.81
Nopphon Pattanasri | Istock | Getty Images A cashless society is nearly within reach. After years of reluctance, Americans finally abandoned paper currency during the pandemic in favor of “tap and go” transactions and have now almost entirely embraced contactless and digital payment methods. Cashless payment volumes are only expected to increase going forward, according to a recent
A shopper makes their way through a grocery store on July 12, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images As record inflation that only a year ago was over 8% continues to decline, consumers are growing more confident about the economy and their finances. But The Conference Board chief
In June of 2023, Hunter Biden, the son of President Joe Biden, was charged with tax and gun charges as part of a plea deal. This week, new information about the related plea agreement, including documentation, was made available. (You can read my prior coverage here.) Charges Biden had initially agreed to plead guilty to
In recent years, Texas has witnessed thousands of Americans flocking there from various states, with California being the leading one. The Lone Star State certainly has some appeal, especially the fact that there’s no income tax. It’s also “business friendly”, ranking No. 13 out of 50 for its business tax climate, according to Tax Foundation.
Picketers walk outside the Walt Disney Studios in Burbank, CA on Tuesday, June 6, 2023 as the Writers Guild of America strike enters the sixth week. Myung J. Chun | Los Angeles Times | Getty Images As the Hollywood writers strike nears its 100th day and pressure from striking actors mounts, producers are asking for
In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT Qualcomm president and CEO Cristiano Amon speaks about Qualcomm’s technology for automakers at a news conference during CES 2022 in Las Vegas, Nevada, January 4, 2022. Steve Marcus | Reuters Qualcomm reported third-quarter earnings on Wednesday that beat Wall Street expectations, but revenue and guidance
A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. Athit Perawongmetha | Reuters BEIJING — U.S. investments in around 50 blacklisted Chinese companies have drawn the attention of the U.S. House of Representatives Select Committee on the Chinese Communist Party.
In this article EXPE Follow your favorite stocksCREATE FREE ACCOUNT An unusual summer scorcher or a new normal? Some travelers aren’t waiting to find out if this year’s heat wave in southern Europe is an anomaly or part of a longer-term pattern caused by climate change. Tom Marchant, co-founder of the London-based luxury travel operator
President Joe Biden speaks at the White House on June 30, 2023. Bloomberg | Bloomberg | Getty Images After the Supreme Court struck down President Joe Biden’s original student loan forgiveness plan, Biden said he would pursue a new path to deliver relief to holders of federal educational debt. This second attempt may leave more
Barbie, the megahit movie, has something for everyone (well, not quite, right wing men are fuming), but it needed to pursue the death and aging theme a little more. Buzz kill, sorry, but as the movie progressed the theme of death developed into one of the most poignant moments of the movie. Margot Robbie looks
For months, the IRS has warned taxpayers that the Employee Retention Credit—or ERC—has become a magnet for fraud. Last week, IRS Commissioner Danny Werfel emphasized that the agency had “entered a new phase of increasing scrutiny on dubious submissions.” That focus appears to be paying off—a tax preparer has been arrested for seeking more than