IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters If you received business payments via apps such as PayPal or Venmo or e-commerce companies such as eBay, Etsy or Poshmark in 2023, your tax return may now be a little less complicated. The IRS announced Tuesday that 2023 would
Share to Facebook Share to Twitter Share to Linkedin Dividend stocks are a core part of many retirement portfolios. But dividend investing is at a unique point in market history, with T-bills yielding 5%. That raises the bar for “high-yield” stocks, since stocks can fall heavily in price. In this article, I toe the line
It didn’t take long after the IRS announced an additional delay in enforcing the new $600 reporting threshold for Forms 1099-K (more here) to garner reactions across the country. National Taxpayer Advocate Erin Collins issued the following statement: The IRS’s decision to delay implementation of the new Form 1099-K reporting requirements is good news for
A bathroom remodel – especially for a primary suite – is a major undertaking with tremendous wellness potential for its users. Done well, it can also offer strong resale potential for your property. That’s why it’s worth paying heed to what the pros say is trending. And why I always pay attention when the National
In this article ANF Follow your favorite stocksCREATE FREE ACCOUNT Abercrombie & Fitch. Courtesy: Abercrombie & Fitch Abercrombie & Fitch on Tuesday blew past estimates as it posted a 20% jump in sales thanks to a strong back-to-school shopping season and growth at both its namesake brand and Hollister. The longtime mall retailer, which has bounced
In this article LOW Follow your favorite stocksCREATE FREE ACCOUNT An exterior view of a Lowe’s home improvement store. Lowe’s Companies, Inc. reports quarterly earnings on Tuesday, May 23, 2023. Paul Weaver | Lightrocket | Getty Images Lowe’s on Tuesday lowered its full-year sales outlook, after customers spent less on do-it-yourself projects and caused its
Federal Reserve officials at their most recent meeting expressed little appetite for cutting interest rates anytime soon, particularly as inflation remains well above their goal, according to minutes released Tuesday. The summary of the meeting, held Oct. 31-Nov. 1, showed that Federal Open Market Committee members still worry that inflation could be stubborn or move
We all know divorces are not uncommon in the U.S. Some of the most public splits over the years have included those of celebrities such as Johnny Depp and Amber Heard, Jennifer Lopez and Marc Anthony, Katie Holmes and Tom Cruise, and most recently, Joe Jonas and Sophie Turner. In 2021, there were nearly 700,000
By most accounts, Black Friday and Cyber Monday promise some of the lowest prices of the season. And in 2023, more people than ever plan to take advantage of the five-day shopping event that begins on Thanksgiving Day and continues through the following Monday, according to the National Retail Federation’s annual survey. This year, holiday
One of the most common questions when people hear I am a financial planner is some version of “Do you think I am on track for retirement?” The reality is most people could be saving more, but keep reading as we share the average retirement savings by age. Hopefully, this will give you a sense
Share to Facebook Share to Twitter Share to Linkedin ’Tis the season—benefits season, that is. The few weeks from mid-November to mid-December tend to mark benefits season for the federal government and many companies. During that time, you can typically enroll in a new plan, change your existing plan, add or drop beneficiaries, and adjust
Manhattan, the heart of New York City, is a focal point of global real estate interest, and its dynamic market reflects various economic, social, and geopolitical factors. Given its relative importance, here are five critical areas or factors poised to influence the Manhattan real estate market in the upcoming months. Through a combination of data-driven
In this article DKS Follow your favorite stocksCREATE FREE ACCOUNT A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Shrink who? Sales and profits at Dick’s Sporting Goods bounced back in the third quarter, leading the retailer to raise its full-year guidance
In this article BBY Follow your favorite stocksCREATE FREE ACCOUNT People walk past a Best Buy store in Manhattan, New York City, November 22, 2021. Andrew Kelly | Reuters Best Buy cut its full-year sales outlook Tuesday, as the company weathers a period of cooler demand and prepares for price-conscious holiday shoppers. The consumer electronics
Men interact with a Baidu AI robot near the company logo at its headquarters in Beijing, China April 23, 2021. Florence Lo | Reuters BEIJING — Chinese tech giant Baidu reported Tuesday third-quarter revenue that beat expectations, although growth was slower than during the previous three months. The company’s U.S.-listed shares were up around 2%
Although inflation is cooling, households are still feeling squeezed. As of October, 60% of adults said they are living paycheck to paycheck, according to a new LendingClub report. The figure is unchanged from last year. Overall, 4 in 10 consumers consider themselves worse off relative to 2022, the report found. More from Personal Finance:Inflation is
Remember when penthouses were squalid structures? Of course, you don’t. It was more than 100 years ago that rooftop lean-tos and sheds were built to house servants atop New York City’s tall buildings. Since then, the allure of living in sky-high residences has soared, along with prices and prestige reserved for the very few. The
Tiger Woods of the United States and Rory McIlroy of Northern Ireland walk to the 11th fairway during a practice round prior to the 2023 Masters Tournament at Augusta National Golf Club on April 03, 2023 in Augusta, Georgia. Christian Petersen | Getty Images Sport | Getty Images Tiger Woods and Rory McIlroy’s indoor golf
Apartment blocks under construction in the Nanchuan area of Xining, Qinghai province, China. Qilai Shen | Bloomberg | Getty Images BEIJING — China’s property market, which makes up a substantial chunk of the country’s economy, needs more government support to prevent it from deteriorating further, analysts said. Existing home prices fell in October by the
Morsa Images | Getty Images Whether you’re a new or a seasoned investor, exchange-traded funds, or ETFs, are one option for your portfolio, depending on your goals and risk tolerance, experts say. ETFs are a wrapper for individual assets such as stocks and bonds, similar to mutual funds. However, many ETFs have better tax efficiency