A Pennsylvania couple has pleaded guilty to conspiring to defraud the United States related to their efforts to evade paying employment taxes. According to court documents and statements made in court, Theodore Shearba and Jennifer Cemini (who are not married) owned and operated a landscaping and excavation business in Perkiomenville, Pennsylvania. Perkiomenville is located just
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers (UAW) members strike at a General Motors assembly plant that builds the U.S. automaker’s full-size sport utility vehicles, in another expansion of the strike in Arlington, Texas, October 24, 2023. James Breeden | Reuters DETROIT – Voting by United Auto Workers members
In this article TJX Follow your favorite stocksCREATE FREE ACCOUNT A HomeGoods shopping cart area in front of a T.J. Maxx store in Pinole, California, US, on Wednesday, May 3, 2023. David Paul Morris | Bloomberg | Getty Images TJX Cos. on Wednesday raised its full-year guidance and said it expects a strong holiday season
In this article C Follow your favorite stocksCREATE FREE ACCOUNT Jane Fraser, CEO of Citigroup Inc., during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” at the Economic Club of Washington in Washington, D.C., March 22, 2023. Valerie Plesch | Bloomberg | Getty Images Citigroup will soon begin layoffs in CEO
Imagine waking up one morning and discovering that your financial circumstances have taken an extraordinary turn: you just received a huge financial windfall. Maybe you won the lottery, or a stock market investment paid off, or you got a job offer that triples your current salary. As a MIT neuroscientist, I’ve always been fascinated by
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Disney CEO Bob Iger speaking with CNBC’s David Faber at the Allen&Co. Annual Conference in Sun Valley, Idaho. David A. Grogan | CNBC ValueAct Capital has taken a significant stake in Disney (DIS) and has been in dialogue with Disney’s management, the Activist Spotlight has
The prolonged period of high inflation may finally be coming to an end, according to an analysis of recent data by UBS global wealth management. In October, the consumer price index, a closely followed inflation gauge, increased 3.2% from 12 months earlier, down from 3.7% in September, the U.S. Bureau of Labor Statistics said Tuesday. The report marked
If you think retirement planning moves stop at retirement, think again. For high earners, converting an IRA to a Roth IRA while you’re still working could be the worst time of all. Although it won’t make sense in every situation, retirement can be a unique opportunity for Roth conversions for some investors. Particularly for individuals
WeWork’s collapse shows how working from home is changing commercial real estate and compounding the sector’s economic challenges. Once hailed as the future of office development, the company recently filed for bankruptcy. WeWork was born and grew after the Great Recession, opening its first Manhattan location in 2011. The company rented out offices for work-sharing.
This lush, gated estate on the Southern California coastline is prepped for a buyer to unlock its potential. The flat 4.3-acre property in Carpinteria encompasses not one but two parcels totaling 350 feet of bluff top along the Pacific Ocean. The first contains the main house and guest studio. The second is a park-like stretch
In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT A Target department store in North Miami Beach, Florida, on May 17, 2023. Joe Raedle | Getty Images Target will report fiscal third-quarter earnings on Wednesday, as the company tries to claw its way back from a string of disappointing results and high-profile setbacks. Investors
CHONGQING, CHINA – NOVEMBER 5, 2023 – High-rise buildings are seen in downtown Chongqing, China, November 5, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images BEIJING — China on Wednesday reported better-than-expected retail sales and industrial data for October, while the real estate drag worsened. Retail sales grew by 7.6%
Person holding car key. Manusapon Kasosod | Moment | Getty Images Donating your used car to a charity may bring you joy for helping another person in need, especially as prices for both new and used cars remain high. However, don’t expect the move to make a huge difference in your taxes, experts say. That’s
A new report from Apartment List by Chris Salviati reveals a surging supply of extra bedrooms amid rising demand for cash by seniors facing a retirement income crisis. This intriguing finding raises the question: Can seniors rent out their spare bedrooms to stave off low income in old age? It’s an age-old question, actually. For
That collective sigh you just heard? Despite weeks of posturing, the House passed legislation to keep the federal government’s lights on. The bill now moves to the Senate, days ahead of the deadline. If it feels like deja vu all over again, you’re not wrong. Earlier this year, there were worries that the government would
In this article F GM STLAM-IT Follow your favorite stocksCREATE FREE ACCOUNT UAW members attend a rally in support of the labor union strike at the UAW Local 551 hall on the South Side on October 7, 2023 in Chicago, Illinois. Jim Vondruska | Getty Images DETROIT — The United Auto Workers achieved record contracts
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. Ross Kinnaird | Getty Images Sport | Getty Images The PGA Tour said Tuesday it will
Fg Trade | E+ | Getty Images If you’re planning to sell investments or rebalance brokerage assets next year, it’s possible you won’t trigger a tax bill for 2024. The IRS on Thursday released dozens of inflation adjustments for 2024, including increases in income tax brackets, standard deductions and income thresholds for capital gains. For
No one loves paying taxes. Building a retirement income you can’t outlive is a challenge for many Americans. Increasing the amount of tax-free retirement income you receive will help minimize these two challenges. Keep reading as we share five ways to get the most tax-free income in retirement. As a Certified Financial Planner, I love
Sen. Tim Scott’s (R-SC) decision to drop his bid for the Republican presidential nomination means voters have lost their best opportunity to hear a serious tax policy debate among his party’s White House hopefuls. Unlike his rivals, Scott campaigned on a thoughtful, relatively detailed agenda that married taxes with his conservative social and economic views.