At least seven Democratic presidential candidates have proposed raising the corporate income tax rate this primary season. The December 2017 tax reform law lowered the corporate income tax rate from 35 percent to 21 percent. Increasing the rate would have a negative impact on the U.S. economy by raising the cost of investing in the
Traders work after the opening bell at the New York Stock Exchange (NYSE) on August 15, 2019 at Wall Street in New York City. JOHANNES EISELE | AFP | Getty Images Earnings in 2019 are setting a low bar to clear in 2020, paving the way for stocks to continue their record-setting rally, according to
If you’re on Medicare, the cost of your coverage for doctor’s appointments and other outpatient services is about to rise. The standard monthly premium for Medicare Part B will be $144.60 for 2020, up $9.10 from $135.50 in 2019, the Centers for Medicare & Medicaid Services announced Friday. The annual deductible for Part B will
Last week, Representative Don Beyer (D-VA) and Senator Chris Van Hollen (D-MD) provided details on a proposed surtax on millionaires as part of an increased interest by policymakers to impose higher tax rates on high-income earners and the wealthy, with the goal of reducing economic inequality. The proposed surtax would levy a 10-percentage point surtax
Getty What happens in your first few days, weeks and even months at your new job will tell you what experience you can expect. How can you read, or even rearrange, these tea leaves that may predict your future? “All of us have been a new employee at one time or another,” says Justin Black,
A business woman checks her smart phone while getting a ride on a moto taxi in downtown Nairobi, … [+] Kenya. Getty Martin Hearson, the international tax program lead at the International Center for Tax and Development, discusses how the OECD’s work on taxation of the digital economy affects developing countries. Read the podcast transcript
The IRS has recently released guidance stating that the receipt of cryptocurrency from a hard fork or airdrop is taxable upon receipt. A fork is a split of a blockchain into two separate blockchains that generally happens due to a disagreement among miners. An airdrop, on the other hand, is a distribution of new tokens
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on October 3, 2019 in New York City. Drew Angerer | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.)
Tara and John Falcone. Tara launched her own financial education company, ReisUp, after her husband was restationed in Japan at the end of 2015. Source; Tara Falcone Holding a steady job may be tough if you are married to a member of the military. Since military families generally move every two to three years, the
How does a longer life expectancy affect your IRA? Getty IRA Required Minimum Distribution (RMD) math is complex and serious. Owners of IRAs must take a distribution starting no later than the April 1 of the year following the year the owner becomes age 70 ½. This number will likely change with the new SECURE Act
Share to facebook Share to twitter Share to linkedin This time, though, the two might actually talk. Michael Cohen/Getty Images for The New York Times Topline: Bill Gates became the latest among a slew of billionaires to express skepticism over Senator Elizabeth Warren’s wealth tax on Wednesday, sparking a twitter conversation between the two, in
Earlier this year, Intuit started a kerfuffle in the QuickBooks accounting community by testing a new product with no forewarning: QuickBooks Live, an Uber-like service to connect small businesses to live bookkeepers on-demand. The concern was that QuickBooks would put itself in direct competition with its own certified ProAdvisors and QuickBooks accountants. Fast forward nine
Marcum LLP has issued its 2019 Year-End Tax Guide, providing tips for taxpayers on how to comply with the Tax Cuts and Jobs Act and other tax provisions. The report covers topics such as observations and strategies for dealing with the TCJA after it went into effect last tax season. It also discusses the choice
Firefighters battle a wind driven wildfire in the hills of Canyon Country north of Los Angeles, California, U.S. October 24, 2019. Gene Blevins | Reuters California’s biggest utilities aren’t the only U.S. companies grappling with the increased force and frequency of wildfires. The number of S&P 500 firms flagging “wildfire” as a potential risk factor
alphaspirit | Getty Images For 137 million Americans, they can be the scariest bills to open. That’s the number of adults who have faced medical financial hardship in the past year, research shows. In fact, medical debt is the top reason that people, regardless of age, would consider cashing in their 401(k)s or other retirement
Sarah McKinney Gibson, Encore.org and Next Avenue Contributor Co-mentors Ashley Moy and Tonise Paul Cast21 Ageism happens to young people, too. Just ask Ashley S. Moy, 25, founder and CEO of the Chicago medical startup, Cast21, which provides waterproof cast and brace alternatives for patients with broken bones. “I’ve had people say, ‘Oh my gosh,
Share to facebook Share to twitter Share to linkedin His new economic agenda calls for $1.6 trillion in spending over the next decade. Scott Olson/Getty Images Topline: As the Democratic primary race heats up, 2020 hopeful Pete Buttigieg released a sweeping new economic plan to invest more than $1 trillion in affordable housing, education and
OHIO Rea & Associates, New Philadelphia, announced several promotions: Ben Antonelli, Paul Gregory, Scott Moyer and Dustin Raber to equity principals; Ben Froese and Julie Jordan to income principal; Katie Brown, Melissa Dunkle, Morgan Helmick, Luke Lucas, Cody Niese and Cassie Pierce to senior managers; Brigette Lafferty to senior plan consultant; Terence Caldwell, Joss Celuch,
In an era when cyberattacks occur so frequently, it’s crucial to be educated and proactive about protecting your firm. Just how big of a problem is cybersecurity for accountants? At first glance, it appears that outright cyberattacks are rare. However, there are many other ways that accountants can have their data compromised — and it
Jeff Bezos CEO of Amazon. Joe Klamar | AFP | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) The Dow, S&P 500 and Nasdaq all hit all time record-highs this week and if investors are looking at what
- 1
- 2
- 3
- …
- 40
- Next Page »