getty This is to follow my recent post regarding whether PPP loan expenses should be tax deductible, Attorney Daniel J. Leer represented John Manocchio in the Tax Court and in the Ninth Circuit Court of Appeals case of Manocchio v. Commissioner of Internal Revenue Service, and has given me interesting input with respect to my
The popularity of cryptocurrency has been on the rise for years. But 2020 has been a very special year with many more retail investors getting exposure to bitcoin during the COVID-19 lockdown, public companies like MicroStrategy MSTR , Square SQ , and Grayscale beefing up their bitcoin holdings, and major fintech companies like PayPal PYPL
As the details of the $900 billion Covid-19 relief bill emerge, city and other local leaders are slamming Congress for not including direct financial aid to state and local governments. Louisville Mayor Greg Fischer on Election Day, 2020. Fischer is calling upon Congress to include … [+] direct fiscal aid to cities who are on
Close-up of Conservation easement with pen getty The Charitable Conservation Easement Program Integrity Actis back. We learn that from a press release issued by the Senate Finance Committee. Senator Grassley uses some pretty strong language. The conservation easement program is an important tool for protecting and preserving our environment. But bad-faith scammers have taken advantage of
Interest rates are the lowest they have ever been. Getty As we near the end of the year, mortgage interest rates continue to rock bottom yet again. Rates for a 30-year, fixed-rate loan closed out the week of December 17 at 2.67%, four basis points lower than the previous low of 2.71% seen for the
Crossprairie will be a master-planned community in Osceola County, consisting of 5,000 homes and … [+] more than two million square feet of commercial space. BTI Partners With young families and professionals increasingly priced out of the Orlando residential market, there’s a place not far away poised for exponential growth. That setting is Osceola County,
Truckee’s Donner Lake under the snow in winter. getty Embedded in the heart of Truckee, Calif., is a laid-back, ski resort town. But with a recent surge of new residents seeking a more placid lifestyle, the mountain community has grown a quiet sophistication, with newly-opened restaurants, a budding art scene and boutique shopping — all
Some communities serve as the ideal places to spend evenings stargazing with family and friends. getty This holiday season, there’s something to look forward to seeing in the sky aside from a red-nosed reindeer pulling a sleigh. On December 21, Jupiter and Saturn will form a rare alignment creating what looks like a double planet.
People look at the holiday decorations in the window displays at the Country store on Main Street in Stockbridge, Massachusetts on December 13, 2020. Joseph Prezioso | AFP | Getty Images Procrastinators still abound this holiday season, a new survey finds, despite retailers ranging from Target to Best Buy trying to encourage consumers to shop
Young businessman wearing protective face mask in business first class seat. Mongkol Chuewong Everyone has an opinion on the return — or looming extinction — of business travel. Do the predictions match the view from the the top executives across corporate functions, and across all sectors of the global markets, who have actually done much
Michael Regan listens as North Carolina Gov. Roy Cooper announces that Regan will lead the Department of Environmental Quality in North Carolina, at the Executive Manson in Raleigh, N.C. Jan. 3, 2017. Chuck Liddy | AP President-elect Joe Biden will pick Michael Regan, secretary of the North Carolina Department of Environmental Quality, to lead the
Cans produced for Coca-Cola Co.’s Coke drink move along the production line. Chris Ratcliffe | Bloomberg | Getty Images Coca-Cola will cut about 2,200 jobs in its global workforce as part of a broader restructuring plan that was accelerated by the coronavirus pandemic. In the United States, Coke will use layoffs and buyouts to eliminate
CNBC’s Jim Cramer, after reviewing quarterly reports from Accenture consulting and Lennar home construction on Thursday, said it’s difficult to be a bearish investor in the current market environment. Both company’s shares rose about 7% during the session after posting solid beats on the revenue and profit lines, but the proof, according to Cramer, is
An influential Food and Drug Administration advisory panel on Thursday overwhelmingly backed Moderna‘s coronavirus vaccine, a key step paving the way to distribute the second Covid-19 vaccine in the United States next week. The nonbinding decision, which was adopted 20 to 0 with one abstention, from the FDA’s Vaccines and Related Biological Products Advisory Committee
Canoo’s van – known as a multipurpose delivery vehicle, or MPDV, because of the ways it can be upfitted – is designed for commercial customers. Canoo Electric vehicle start-up Canoo unveiled a new delivery van Thursday ahead of its public debut on the NASDAQ next week. The futuristic-looking van – known as a multi-purpose delivery
A FedEx worker unloads packages from his delivery truck on March 31, 2020 in Washington, DC. Drew Angerer | Getty Images News FedEx generated better-than-expected profits and revenue during its most recent quarter as the coronavirus pandemic continues to bolster high volume of U.S. and international package deliveries, the company said Thursday. The package delivery
Institutional Investor Hall of Famer Richard Bernstein sees a risky market dynamic. He’s questioning why so many investors prefer momentum names in technology when the economy is getting ready to boom. “The whole innovation disruption thing is becoming a sucker’s bet,” the Richard Bernstein Advisors CEO and CIO told CNBC’s “Trading Nation” on Wednesday. “Fundamentals
GoCardless CEO and co-founder Hiroki Takeuchi speaks on stage at TechCrunch Disrupt Berlin 2019. Noam Galai | Getty Images LONDON — British financial technology start-up GoCardless is one step closer to reaching a $1 billion valuation thanks to accelerated demand for digital payments during the coronavirus pandemic. GoCardless said Thursday that it had raised $95
Take a look at some of the biggest movers in the premarket: Accenture (ACN) – The consulting firm earned $2.32 per share for its fiscal first quarter, compared to a consensus estimate of $2.05 a share. Revenue beat estimates as well. Accenture also raised its full-year forecast, with demand for digital and cloud services remaining
Omar Marques | LightRocket | Getty Images Bitcoin surged 12% to hit a fresh record high above $23,000 on Thursday, extending a wild rally for the cryptocurrency that has seen it more than triple in value this year. The world’s most-valuable digital currency was last trading at $23,421, according to crypto market data provider Coin