Shutterstpcl Since 1999, the home-office deduction is no longer a red flag — millions of Americans benefit from this deduction each year. Countless taxpayers run businesses from home, and the IRS understands this. The income-requirement rule also limits the use of this deduction for profitable enterprises, which appeases IRS concerns about abuse and hobby-loss businesses. Before
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The landmarked St. John’s Evangelical Lutheran Church in Chicago has been transformed into luxury condos. Regency Development Group There’s no place like home, especially if it’s a landmark structure. A historic church in Chicago’s Ukrainian Village neighborhood is starting a new life as a luxury condominium development with unique features such as stained glass windows
A customer exits a CVS Health Corp. store in Oakland, California, U.S., on Friday, Aug. 2, 2019. Michael Short | Bloomberg | Getty Images A federal judge reviewing a Justice Department decision to allow U.S. pharmacy chain and benefits manager CVS Health to merge with health insurer Aetna said on Wednesday that the agreement was
Traders work under monitors displaying 3M Co. signage on the floor of the New York Stock Exchange (NYSE) in New York. Michael Nagle | Bloomberg | Getty Images In a world of falling and even negative interest rates, investors are searching high and low for yield. Companies with a high and stable dividends are a
Tim Cook, chief executive officer of Apple, and Eddy Cue, senior vice president of Internet Software and Services at Apple, attend the annual Allen & Company Sun Valley Conference, July 10, 2019 in Sun Valley, Idaho. Drew Angerer | Getty Images News | Getty Images Apple plans to borrow in the bond market for the
For homeowners in Hurricane Dorian’s anticipated path, insurance claim preparation may be worth adding to your to-do list. The storm, which pummeled the Bahamas for 48 hours and left widespread devastation across the island nation, is churning northward and parallel to southeastern U.S. coastline with sustained winds of 105 mph as of Wednesday. While Dorian
ARVADA, CO – DECEMBER 12: Nurse practitioner Katie Hubbard of Dispatch Health checks the vitals of Shelly Yeto at her home. (Photo by AAron Ontiveroz/The Denver Post via Getty Images) Denver Post via Getty Images Federal and state policymakers increasingly are interested in creating a public social insurance program for long-term care in the US.
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column examines potential effects of returning to work at lower pay before filing, suspension of benefits before FRA, the earnings limits for those who’ve filed for benefits in 2019, effects of
Perched on the side of a cliff above the Pacific Ocean, the Razor House is futuristic and dramatic and could well be home to a superhero. Gary Kasl The Razor House might be named for the pronounced angles of its design, but the dramatic home perched on a cliff in La Jolla, California was actually
Shipping containers from China and other nations are unloaded at the Long Beach Port in Los Angeles, on February 16, 2019. Mark Ralston | AFP | Getty Images The U.S. trade deficit narrowed less than expected in July as the trade war between the United States and China drags on. The Bureau of Economic Analysis
A JetBlue Airways Corp. Airbus A321 plane taxis outside of Terminal 5 at John F. Kennedy International Airport (JFK) in New York. Mark Kauzlarich | Bloomberg | Getty Images Shares of JetBlue were down more than 3% in premarket trading after the airline lowered its revenue forecast, citing weak demand for its flights to Puerto
Tim Boyle | Getty Images News | Getty Images Shares of American Eagle Outfitters fell more than 13% Wednesday after a slow start to the back-to-school season and unseasonable weather led to same-store sales growth that missed analyst expectations. The company said that sales were disappointing during the last two weeks of July, which is
Sam Zell, who amassed a nearly $6 billion fortune with roots in commercial real estate, is slamming WeWork, the office-sharing firm that’s widely expected to go public as early as this month. WeWork, which rebranded itself as the We Company, is not doing anything new, Zell told CNBC on Wednesday. “I had the privilege of
Whether you’re a business owner, an employee with a side hustle or an investor with a hefty capital gain, a key tax deadline is coming up. Taxpayers who pay the IRS every quarter must make their third payment for this year by Sept. 16. For the 2019 tax year, the quarterly deadlines are April 15,
For decades, marijuana, even for medical uses, was demonized or questioned. When states like Colorado legalized it for recreational use, more studies began to determine provable efficacy for its use as a medicine. The Federal government still classifies marijuana the same way it classifies heroin: harmful and with no medical benefits. Now we can see
Colorful applications hovering over young hand Getty According to the Mary Meeker internet trends report, 51% of the world (3.8 billion people) are internet users, an increase from 49% (3.6 billion) in 2017. Smartphones are the primary internet access point for many people across the globe; emerging markets in remote geographies are a mostly untapped
Two exquisite homes owned by the late William B. Ruger, Jr., a member of the family who co-founded firearm manufacturer Sturm, Ruger & Company, Inc., are being auctioned September 7, 2019, with no reserve, offering buyers with a rare opportunity to purchase properties with unique grandeur and history. East of Eden Platinum Luxury Auctions Bar
Customers pump gasoline at a Kroger gasoline station in the parking lot of one of the company’s grocery stores in Worthington, Ohio in 2006. Gary Gardiner | Getty Images Kroger on Tuesday followed Walmart in asking shoppers not to openly carry guns in any of its stores, in states where “open carry” is allowed, unless
If President Donald Trump wants to keep his strong stock market gains, he may want to stay off Twitter. Days when Trump tweets a lot are associated with negative stock market returns, Bank of America Merrill Lynch said Tuesday in a report. The brokerage’s chief equity strategist, Savita Subramanian, wrote in a note that “since
Lamborghini Sián Source: Lamborghini Ahead of its official Frankfurt Auto show debut, Lamborghini has revealed the Sian, the Italian supercar maker’s first hybrid vehicle. Sian means flash of lightning in the Sant’Agata automaker’s Bolognese Italian dialect — an apt name for a car that’s also the company’s most powerful creation. The Sian’s heart is the