Halfpoint Images | Moment | Getty Images This year, doing good for the planet can also help you trim your tax bill. That’s because a basket of provisions in the tax code reward individuals and businesses for taking steps toward energy efficiency. Whether you added a few solar panels to your roof, bought a hybrid
Month: December 2020
Hero Images | Hero Images | Getty Images The coronavirus pandemic threw everyone for a loop in 2020. And as the year winds down, it’s time to reflect, reset and prepare for 2021. It may be especially important for families to assess their financial health for the new year. The coronavirus pandemic had a major
Pivotal Advisors founder Tiffany McGhee told CNBC on Tuesday that increasing opportunities for diverse businesses starts by recognizing historic barriers that had been in place, especially in the financial services industry. “If you’re interested in working with a diverse-owned firm, the traditional metrics might not work. We might not have a 50-year track record,” McGhee
People shop for Black Friday deals in Glendale, California on Nov. 27, 2020 Los Angeles Times via Getty Images We’ve all heard stories of people who made a killing in the stock market based on their savvy observations: the mail carrier who bought Netflix stock early because he noticed the proliferation of red envelopes in
Two railways tracks merge close up. getty For a taxpayer, it must be disappointing when the courts uphold your challenge to a state revenue agency auditor’s application of a regulation that resulted in an assessment for additional tax. Yet substantive challenges — including a taxpayer’s assertion that the auditor included transactions that are not taxable
Anne Hearst, a granddaughter of publishing tycoon William Randolph Hearst, and her husband, Jay … [+] McInerney, have paid about $10.726 million for a home in famed Malibu Colony. Hilton & Hyland Malibu’s one-mile beachfront stretch known as Malibu Colony has long been a bastion for Hollywood stars and business tycoons. Now, the coastal enclave
Tony Potts, a 69-year-old retiree living in Ormond Beach, receives his first injection as a participant in a Phase 3 COVID-19 vaccine clinical trial sponsored by Moderna at Accel Research Sites on August 4, 2020 in DeLand, Florida. Paul Hennessy | NurPhoto | Getty Images The staff of the Food and Drug Administration endorsed the
The Apple iPhone 12 Pro Max is unveiled during a virtual product launch. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Apple — Apple shares rose more than 3% after Nikkei reported the tech giant will ramp up its iPhone production by about 30% in the first
Goldman Sachs Chairman and CEO David Solomon told CNBC on Tuesday that he’s concerned about the intense demand from retail investors in recent initial public offerings. “I do think we’re in a moment in time where there’s a lot of euphoria. I personally am concerned about that,” Solomon said on “Squawk Box.” “I don’t think
Nitat Termmee | Moment | Getty Images At the end of every year, there’s an opportunity to make smart financial moves to reduce taxes, increase net investment income and decrease portfolio risk. Some of these financial moves are especially timely. They’re enabled by federal legislation and temporary changes in tax rules aimed at easing pandemic-related
Bill Clark | CQ-Roll Call, Inc. | Getty Images The Covid relief bill released Monday by a bipartisan group of senators has many helpful — if temporary — provisions for unemployed workers, according to experts. The relief package — which, if passed, would be the first since the CARES Act in early spring — extends
CNBC’s Jim Cramer on Tuesday urged Congress to move quickly and pass another piece of coronavirus stimulus legislation, suggesting key parts of the U.S. economy need help being sustained until there is a widely available Covid-19 vaccine. “We are so close to getting this economy back on track, but these places that close, they can’t
If you’ve been following the stock market news lately, you’ve probably heard about TeslaTSLA being … [+] added to the S&P 500 Index a few times a day. But having a newsworthy change to an index may not mean it’s a good investment—it may just mean the opposite. Getty Images If you’ve been following the
Economic Security Planning, Inc. Today’s column addresses questions about how income after 60 can affect benefit amounts, how survivor’s benefit are calculated when the record holder dies before 70 and when delayed retirement credits are applied when filing at 70. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
The east side of the design for the renewal of Luther George Park located in downtown Springdale, … [+] Arkansas. Rendering by Eleven Visualisation; Courtesy of Trahan Architects Spackman Mossop Michaels and Trahan Architects revealed today their design for the renewal of Luther George Park located in downtown Springdale, Arkansas. The project was commissioned by
The Mustang Mach-E is Ford’s first new all-electric vehicle under an $11 billion investment plan in electrified vehicles through 2022. Michael Wayland / CNBC DETROIT – Tesla cars and SUVs are often compared to an iPhone on wheels. Tesla’s four models — the S, 3, X and Y SUV — literally spell out the word
Take a look at some of the biggest movers in the premarket: Alphabet (GOOGL) – Multiple Google services, including Gmail and YouTube, suffered a widespread outage this morning for an undetermined reason. “Service has already been restored for some users, and we expect a resolution for all users in the near future,” Google said in
Hong Kong has once again ranked as the most expensive city in the world for expats. The financial hub retained its pricey status in ECA International’s cost of living report 2020, released Tuesday, even as the coronavirus pandemic and political tensions weighed on the city’s rental costs. Tokyo (2nd), New York (3rd) and Geneva (4th)
Ergin Yalcin | E+ | Getty Images For the nation’s oldest individuals who are eager for protection against Covid, the waiting game has commenced. Shipment of 2.9 million doses of the first U.S.-authorized coronavirus vaccine began Sunday, headed for hundreds of sites around the country. With initial supply limited — the total U.S. population is
getty You may not know this, but the average age for retiring in the United States is 65 for men and 63 for women. That 63 to 65 range seems reasonable, but today’s version of social security views “full retirement age” as 67 for anyone born after 1960. Although age may be a deciding factor
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