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In this article C Citi CEO Jane Fraser makes brief remarks during a meeting with U.S. President Joe Biden and fellow chief executives to discuss the looming federal debt limit in the South Court Auditorium in the Eisenhower Executive Office Building on October 06, 2021 in Washington, DC. Chip Somodevilla | Getty Images Frustration has been building within parts of […]
Chile requires visitors furnish proof of insurance coverage for Covid-19 and related conditions. Pictured, capital city Santiago. Oleh_Slobodeniuk | E+ | Getty Images Are you planning a trip abroad? You may need to buy travel insurance to visit your destination country. Many countries had insurance requirements even before the pandemic. But about a dozen more have since added rules, typically […]
One slick customer; give her credit; unhappy camper; and other highlights of recent tax cases. New York: Todd Kozel, former CEO of a multinational foreign oil company, has been sentenced to five years in prison following his guilty plea to five counts of willful failure to file individual income tax returns. From at least about 2004 through at least about […]
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Earlier this month, JAMA Internal Medicine published a study about the impact of banning flavored tobacco products in Massachusetts. The study found, not surprisingly, that the sale of flavored tobacco decreased following the ban. By comparing sales in Massachusetts with sales across 27 other states, the authors observed that sales had decreased more in Massachusetts than in the control states. […]
Ken Griffin, Founder and CEO, Citadel Mike Blake | Reuters Billionaire investor Ken Griffin’s hedge funds crushed the market in January as a spike in volatility and a steep sell-off in growth stocks created an ideal environment for fast-money traders. Citadel’s multistrategy flagship fund Wellington gained 4.71% last month, according to a person familiar with the returns. Citadel’s global fixed […]
Getty Images The roughly 50 million American consumers who either don’t have credit history or have a limited record are in luck. In recent years, many financial services companies have come out with programs to establish and build credit for those who have struggled to access the traditional banking system. There are even ways that people can build credit […]
A group of lawmakers teamed up Thursday to introduce bipartisan legislation that aims to create a workable structure for taxing purchases made with cryptocurrency. The bill, dubbed the Virtual Currency Tax Fairness Act, was introduced by Rep. Suzan DelBene, D-Washington, and David Schweikert, R-Arizona and is cosponsored by Rep. Darren Soto, D-Florida, and Tom Emmer, R-Minnesota. The legislation would exempt […]
Small businesses around the world continue to adapt to a new normal workplace as remote and hybrid models dominate many sectors. How do teams communicate effectively from remote locations? Workplace collaboration has never been more important to success, and businesses seek innovative software tools to boost their collaboration efforts and maximize their communication. What is Zoho Cliq? Zoho Cliq is […]
This earnings season has turned out to be a roller coaster but everyone will be watching these five earnings reports. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Key Findings Forty-five states and the District of Columbia collect statewide sales taxes. Local sales taxes are collected in 38 states. In some cases, they can rival or even exceed state rates. The five states with the highest average combined state and local sales tax rates are Louisiana (9.55 percent), Tennessee (9.547 percent), Arkansas (9.48 percent), Washington (9.29 percent), and […]
In this article LATGU FOUN A trader is comforted by a coworker as they work on the floor of the New York Stock Exchange (NYSE) on March 1, 2018 in New York City. Eduardo Munoz Alvarez / Getty Images (Click here to subscribe to the new Delivering Alpha newsletter.) The oversaturated SPAC market is continuing to get crushed in the new year […]
Photo by Rafa Elias | Moment | Getty Images Many victims of identity theft linked to unemployment fraud will learn of the crime this tax season. Such fraud — whereby organized crime rings and other thieves use stolen personal data to claim unemployment benefits in others’ names — has surged during the Covid-19 pandemic. Victims unaware of an identity breach […]
BDO USA recently established an ESG Center for Excellence and named partner and executive team member Christopher Tower as the firm’s first-ever ESG strategy and services leader. The Top 10 Firm has identified environmental, social and governance reporting as a key component of its strategic vision for the future. Tower was tasked last month with overseeing the firm’s ESG strategy […]
Curious about the business tax deadlines that you should mark on your calendar this tax season? Here’s what small business owners need to know. Deadlines for filing small business tax returns There are different filing deadlines to be aware of depending on what type of business you have. Below are the key tax calendar dates to watch for in 2022. […]
The game is to track trends in revenues and profits and the spreadsheet jockeys just got thrown in PYPL. To learn more about the Short Sell List, check out the article version here: https://www.zacks.com/stock/news/1861605/why-paypal-is-getting-crushed-and-youtube-is-crushing-it Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: […]
More than 300 billion cigarettes are sold each year in Indonesia—making it the world’s second-largest cigarette market to China. As such, it is important how Indonesia taxes tobacco products. Last year, I wrote about the counterproductive complexity of the country’s tobacco tax system, but in December, Indonesia announced some positive changes to the design. Effective January 1, 2022, the number […]
In this article MSTR BTC.CM= Tighter government crypto regulations would actually be a positive catalyst for bitcoin, MicroStrategy co-founder and CEO Michael Saylor told CNBC on Wednesday. “Additional regulatory clarity from the [Biden] administration is going to benefit bitcoin and accelerate institutional adoption of that asset,” Saylor said on “Squawk on the Street,” stressing as a major bitcoin believer and […]
Tetra Images | Tetra images | Getty Images This tax season, millions of American families who received advance child tax credit payments are calculating what they got in order to submit their 2021 returns. Some may be worried that they were sent more money than they were owed in the monthly payments from July to December, either due to income […]