A trader working after the Nasdaq opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Stock picking has a terrible track record, and it’s getting worse. That’s the thesis of Larry Swedroe and Andrew Berkin’s book, “The Incredible Shrinking Alpha,” just out in its second edition. Swedroe is
A store displays a sign before closing down permanently in Arlington, Virginia. OLIVIER DOULIERY/AFP via Getty Images States are poised to raise taxes on businesses starting next year and cut jobless benefits for workers as the coronavirus-fueled downturn continues to stress unemployment systems around the country. Industries like bars and restaurants that were hit hardest
The Sustainability Accounting Standards Board is moving beyond standards for environmental issues and more into the areas of social and governance reporting, with new projects on content governance in the internet media and services industry and human capital management. SASB held an online board meeting Friday to discuss both issues, along with the more environmentally
Now’s your chance to gain financial literacy from a CPA. September 18, 2020 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Finances and
Chime CEO Chris Britt Source: Chime The fintech world has a new heavyweight. Chime, the start-up that delivers banking services through mobile phones, has closed a fundraising that values the company at $14.5 billion, CNBC has learned exclusively. That lofty figure makes Chime the most valuable American fintech start-up serving retail consumers. Robinhood, the popular
Key Findings State tax collections declined 5.5 percent in FY 2020 according to new Census data, though actual losses are likely to be significantly lower after accounting for the shifting of income tax collections into the current fiscal year due to delayed tax filing deadlines. After a sharp initial drop under stay-at-home orders, sales tax
Getty Images If you’ve thought about refinancing your mortgage, be aware that it may soon be a more expensive proposition. Due to a 0.5% “adverse market” fee, effective Dec. 1 and imposed on lenders by mortgage backers Fannie Mae and Freddie Mac, many homeowners are expected to absorb at least some of the cost when
In unpredictable times, the desire to create a better tax strategy becomes more urgent, but that could result in some regrettable changes to perfectly good plans. For example, many advisers counseled their wealthy clients in 2012 that the estate and gift taxes exemptions were going down and that the rates on those taxes were going
Victims of the Oregon wildfires that began on Sept. 7 now have until January to file various federal individual and business returns and make tax payments. The IRS is offering this relief to any area designated by the Federal Emergency Management Agency as qualifying for individual assistance. Currently this includes Clackamas, Douglas, Jackson, Klamath, Lane,
A group of Senate Democrats introduced legislation Thursday to offer tax relief to individuals, businesses and states affected by catastrophic wildfires, such as the ones devastating California, Oregon and Washington State, along with other presidentially declared disasters, such as Hurricane Sally, which flooded parts of Gulf states like Florida, Alabama and Louisiana this week. Senate
As the economic crisis driven by the pandemic has continued, a troubling trend in tax policy discussions has arisen. It is common these days to hear finance ministers refer to tax increases that would be narrowly targeted at a particular business model or industry simply based on the fact that those businesses appear to be
Snowflake IPO begins trading at the NYSE on Sept. 16th, 2020. Source: NYSE One of the biggest problems with the traditional IPO process (and there are several) is that it’s impossible to say whether a deal is a success or a failure. Snowflake, the cloud-based data management company that’s 2020’s biggest IPO, jumped 112 percent
The New York Stock Exchange. Andrew Burton | Getty Images The financial markets are rising and the economy is falling. What is with this disconnect between the two? Many investors may be asking themselves if this is all a cause for concern. So, what’s an investor to do? To begin with, the financial markets were
Difficult and complex; $4,000 tax on $2 million; little horse sense; and other highlights of recent tax cases. Boston: Jennifer Beth True, of Lawrence, Massachusetts, a former employee of the IRS service center in Andover, Massachusetts, has pleaded guilty regarding the filing of at least 70 false returns for herself and others. True was employed
Work as we know it has undeniably changed and most businesses have had to adapt to working remotely. However, with the future still unclear, it’s important to adjust your business to fit working remotely indefinitely, returning to work, or a mix of both. And while this means new challenges such as a lack of visibility
Rep. Pete Olson, a Republican from Texas, has introduced a bill that would offer tax incentives to employers who train workers about best practices for reducing the spread of COVID-19 in the workplace. H.R. 8260, The Businesses Preparing for a Better Tomorrow Act, would provide a payroll tax credit for expenses used for qualified workplace
A recent report from the Organisation for Economic Co-operation and Development (OECD) on tax reforms during the past year reveals a tendency towards higher property taxes, often in the form of base broadening, tax rate increases, or both. Even though countries have increasingly targeted property taxes as a source of revenue, on average, they still
Herman Miller Aeron chair Source: Herman Miller Shares of office furniture retailer Herman Miller are surging after a blowout earnings report that showed the company is benefiting from the work-from-home trend. Herman Miller jumped more than 35% in midday trading on Thursday, while the broader market was under pressure. As the coronavirus pandemic forces millions
Sarah Casillas | DigitalVision | Getty Images The IRS has a message for about 9 million Americans: You could still be eligible for a $1,200 stimulus check. The government has sent out about 160 million stimulus checks since legislation authorized those payments in the spring. Still, millions of Americans have yet to receive any money
New Jersey Governor Phil Murphy and Democratic legislative leaders have agreed on a budget deal that will raise taxes on millionaires to fund rebates for about 800,000 middle-class households. The deal will push the tax rate to 10.75 percent, from 8.97 percent, for the estimated 35,600 with incomes above $1 million. It also includes a
- « Previous Page
- 1
- 2
- 3
- 4
- …
- 49
- Next Page »