Tax Notes reporter Alexander Rifaat discusses the tax implications of the recently passed debt ceiling bill and gentleman’s agreement over IRS funding. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: take it to the
Month: June 2023
In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Marchers with Starbucks pass through the landmark intersection of Hollywood and Highland during the annual Pride Parade on June 12, 2022 in the Hollywood section of Los Angeles, California. David Mcnew | Getty Images Starbucks Workers United said Tuesday that dozens of the coffee chain’s
In this article BG ZION FHN AAPL Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted in front of Oracle headquarters on December 09, 2021 in Redwood Shores, California. Justin Sullivan | Getty Images Check out the companies making headlines before the bell: Oracle — Shares jumped more than 5% after Oracle announced a beat
Ottawa Senators goaltender Alex Auld (35) stops Nashville Predators’ Patric Hornqvist, right, during second-period NHL hockey action in Ottawa, Ontario, Thursday, Feb. 9, 2012. (AP Photo/The Canadian Press, Fred Chartrand) Fred Chartrand The National Hockey League’s Ottawa Senators have found a new owner. Toronto-based billionaire Michael Andlauer has agreed to acquire the Senators, setting a
Lucigerma | Istock | Getty Images Retirement confidence may be dropping due to the economy. But for retirement savers and retirees alike, there’s one worry that stands out above the rest — the possibility they may outlive their assets, according to new research from research and consulting firm Cerulli Associates. That worry looms large for
Forbes Global Properties The wheels of the global luxury real estate market keep turning with big-time sales and exceptional new listings popping up every day. In the western United States, dramatic and varied landscapes lend themselves to exceptional homes that are selling and listing for exceptional prices. Check out some of the latest luxury Western
In May, inflation abated a bit and gasoline prices fell 19% — that should feel good at the household level. Inflation is mending and sentiment is that the Fed won’t raise rates tomorrow. What’s your inflation language? How you refer to the current period of price hikes signals what you believe causes inflation. Say “Demand
Former Italian prime minister Silvio Berlusconi died Monday at the age of 86. Berlusconi, who ultimately became a billionaire, wasn’t born into luxury. He grew up in Milan in a middle-class family, the son of a bank employee and housewife. He went on to study law at the University of Milan but made his mark
In this article BBBY OSTK Follow your favorite stocksCREATE FREE ACCOUNT A “Store Closing” banner on a Bed Bath & Beyond store in Farmingdale, New York, on Friday, Jan. 6, 2023. Johnny Milano | Bloomberg | Getty Images Bed Bath & Beyond’s brand name may be the only part of the failed retailer that lives
A JD.com truck receiving incoming goods and preparing shipments at the Northeast China-based Gu’an warehouse and distribution facility in Gu’an, Сhina. XiXinXing | iStock Editorial | Getty Images Check out the companies making headlines in midday trading. Biogen — Shares of the biotech stock dipped 3% after Biogen revamped its board of directors. Three current
Sam Edwards | Getty Images If you’re a freelancer, entrepreneur, or other worker who doesn’t have taxes withheld from your paycheck, a key deadline to make payments is approaching, according to the IRS. The due date for 2023 second-quarter estimated tax payments is June 15, which applies to income without withholdings, such as self-employment earnings,
Djordje Krstic | Istock | Getty Images New government data shows the annual rate of inflation dipped to the lowest level in about two years as of May. But that may be bittersweet news for Social Security beneficiaries, as they may receive a much lower cost-of-living adjustment in 2024 than they did this year. The
That the Glenrock estate in Tallong, Australia, has had only five owners in more than 200 years is a testament to its allure and sustainability. At the heart of the more than 2,300-acre agricultural holding is a grand 1830s Georgian and Greek revival mansion painstakingly restored over a 12-year period. The historic homestead, expanded since
PGA Tour logo during the third round of the Travelers Championship on June 24, 2017, at TPC River Highlands in Cromwell, Connecticut. Fred Kfoury | Icon Sportswire | Getty Images WASHINGTON — A top Democratic lawmaker launched a probe on Monday into the planned merger of the PGA Tour and Saudi-backed LIV Golf. Sen. Richard
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT An animated avatar generated by the AI video platform Synthesia. Synthesia Synthesia, a digital media platform that lets users create artificial intelligence-generated videos, has raked in $90 million from investors — including U.S. chip giant Nvidia, the company told CNBC exclusively. The London-based company raised
In this article LIND Follow your favorite stocksCREATE FREE ACCOUNT It felt as if we had the jungle to ourselves. As we explored Costa Rica’s Corcovado National Park, we spotted rare birds, spider monkeys — even a sloth and her infant — among the trees of the rainforest. It was one of many experiences I
Are you still searching for a Father’s Day gift for the man – or men – in your life? Why not offer a gift that supports his well-being? (He probably has more than enough ties, am I right?) Here are 15 ideas inspired by the five facets of wellness design. Health & Fitness Facet Gifts
Plainly, the indictment of former President Donald Trump is not about taxes. There are no tax charges, and it does not appear that any of the documents in question had anything to do with taxes. The documents were allegedly a lot more important than that. So how, then, could there be any tax lessons here?
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Trucks come off the assembly line at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018. John Gress | Reuters DETROIT – General Motors announced plans Monday to invest $632 million for production of its next-generation full-size pickup
In this article ORCL Follow your favorite stocksCREATE FREE ACCOUNT Larry Ellison, Oracle’s chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. Justin Sullivan | Getty Images Oracle shares climbed as much as 5% in extended trading on Monday after the software vendor announced fiscal fourth-quarter results
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