Anticipating President Biden’s proposed increase in the capital gains tax rate, taxpayers are deciding whether and how to accelerate gains or how to defer them after an increase for as long as possible. The uncertainty around the timing and extent of the increase, as well as other important details that will need to be established during
Month: June 2021
This grand mansion built in 1885 has deep roots in Montecito. For three decades, it was the family home of the famed Moody Sisters, four women who left their mark on Santa Barbara housing by designing and developing what are known as Moody Sisters Cottages. Trailblazers at a time when few women had jobs outside
In this article DIS VIAC Emily Blunt, Millicent Simmonds and Noah Jupe star in “A Quiet Place Part II.” Paramount Pictures The box office is bouncing back. Over the four-day Memorial Day weekend, North American cinemas tallied nearly $100 million in ticket sales, the best performance since the start of the pandemic. Although less than
Take a look at some of the biggest movers in the premarket: AMC Entertainment (AMC) – AMC is selling 8.5 million shares to investment firm Mudrick Capital for $230.5 million, following the recent surge in the movie theater operator’s stock price. AMC plans to use the proceeds to pursue the acquisition of theater assets and
Vesnaandjic | E+ | Getty Images After a year of lockdown, you may be ready to go out and start spending. Not so fast. “We’ve gone through what can be described as a major discretionary spending fast,” said Jim Wang, founder of the personal finance blog Wallet Hacks. “After a year of spending relatively little,
By Richard Eisenberg, Next Avenue Editor The Beverley Schottenstein $80 million elder financial fraud story is one you won’t believe. But, as my “Friends Talk Money” podcast co-hosts and I explained in our two latest episodes, it’s one you need to know about to protect your parents from becoming victims themselves. Schottenstein, 94, recently won $19
Tax collectors are coming after you as never before. This is bad news for a sustainable global economic recovery from the pandemic. U.S. Treasury Secretary Janet Yellen is proposing that countries around the world enact a global minimum corporate tax rate—and this idea is just for starters. Plans are being developed to have global tax
Proper document maintenance is a must in real estate, especially if you hope to protect yourself and your property management business. Meticulous and comprehensive documentation allows property managers to access vital information at a glance, prevent mistakes and even uncover potential opportunities. However, they may not be sure which paperwork is most beneficial or necessary
Pedestrians wearing protective masks walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, on Thursday, Jan. 21, 2021. Dhiraj Singh | Bloomberg | Getty Images India stocks were among Asia-Pacific’s top-performing markets in May, even as the country continues to grapple with tens of thousands of new cases every day. For the month,
In this article ETH= BTC.BS=-USS TIGR FUTU In this photo illustration a Bitcoin logo seen displayed on a smartphone with stock market percentages in the background. Omar Marques | SOPA Images | LightRocket | Getty Images BEIJING — Two of China’s rivals to stock trading app Robinhood are looking to cryptocurrencies as a way to
Hispanolistic | E+ | Getty Images When Jordan Wexler’s niece recently lost her first tooth, he sent her $15 along with a video of himself dancing while dressed up as a Tooth Fairy. The money was not the typical cash kids traditionally receive under their pillows. Instead, Wexler put the money toward an investment on
By Jim Campbell, Next Avenue Editor’s note: In his new book, “Madoff Talks,” investigative reporter Jim Campbell probes the $65 billion investment fraud perpetuated by the late Bernie Madoff, the largest Ponzi scheme in history. The book features Madoff’s handwritten letters and emails to Campbell, explaining how he pulled off the con, plus interviews with Madoff’s wife
If the name Caroline D’Amore sounds familiar, it’s because you may have heard of her family’s pizza restaurant D’Amores, which has been a Los Angeles staple for years. She’s also acted in films, modeled, and even toured around the world with Paris Hilton as a DJ. But 2021 might just be her year. In addition to being the