Tucked inside the American Rescue Act is a tax change that has big implications for tax revenue and the gig economy. Starting for tax year 2022, many contractors with gig economy companies like Uber UBER , DoorDash and Lyft LYFT will be getting 1099 forms when they previously wouldn’t have. The end result is that
President & CEO of The NHP Foundation, not-for-profit provider of affordable housing. As affordable housing practitioners, we know that every decision we make affects the thousands of residents living in our communities. And since no good decisions were ever made in a vacuum, The NHP Foundation relies on timely, cogent research to drive the work we
Some drivers may be noticing they are paying more for tires, and it may simply be because the vehicle they are driving comes with bigger wheels. A new set of trade tariffs also threaten to raise prices. The rise of the sport utility vehicle in America has also led to the rise of the SUV
Anne Hathaway attends “The Last Thing He Wanted” premiere at Eccles Center Theatre on January 27, 2020 in Park City, Utah. Matt Winkelmeyer | Getty Images Hollywood actress Anne Hathaway told CNBC Friday that a lack of female representation in positions of power is a something that “can be torn down at any moment, when
David-Prado | iStock | Getty Images Those $1,400 stimulus checks are starting to hit bank accounts this weekend. The IRS announced on Friday that the first batch is going out via direct deposit. It is unclear exactly how many of the estimated 159 million payments are scheduled to be sent in this first deployment. The
Every once in the while the IRS comes out with something that may cause beleaguered tax preparers to breathe a sigh of relief. This just in, which is short enough to reproduce in full. IRS Statement – American Rescue Plan Act of 2021 The IRS is reviewing implementation plans for the newly enacted American Rescue
Chris Sands, Founder and CEO, Sands Investment Group (SIG). Throughout 2020, commercial real estate demonstrated its stability and value despite a wide range of unanticipated challenges. While we can generally understand the market within a 10-year timeframe that includes adapting to market corrections, the global Covid-19 pandemic created a more significant challenge than we’ve seen before
Two trading cards Patrick Mahomes will sell as NFTs. Patrick Mahomes Patrick Mahomes, one of the NFL’s highest profile players, is moving the chains by launching his own NFT art gallery. In an interview with CNBC this week, Mahomes announced the “The Museum of Mahomes,” which will launch March 17 on the digital art market
Representation of the virtual currency Bitcoin is seen on a motherboard in this picture illustration taken April 24, 2020. Dado Ruvic | Reuters Bitcoin crossed a record high of $60,000 on Saturday morning, continuing its rally as major companies and financial institutions adopt cryptocurrencies. Bitcoin, the world’s biggest cryptocurrency, was at $60,415.34 as of 7:25
People have really just scratched the surface when it comes to non-fungible tokens, or NFTs, Mike Winkelmann, a digital artist who goes by the name Beeple and recently sold a piece for $69 million, told CNBC on Friday. “I really think this is a technology that has just so many use cases,” Winkelmann said in
Scott Flanders, CEO of eHealth Adam Jeffery | CNBC Company: eHealth Inc. (EHTH) eHealth provides private health insurance exchange services to individuals, families, and small businesses in the United States and China. Its e-commerce platforms organize and present health insurance information in various formats that enable individuals, families, and small businesses to research, analyze, compare,
Justin Samuels, 44, was living in Malaga, Spain, when the Covid pandemic hit. The freelance writer is fighting New York for unemployment benefits. Justin Samuels Justin Samuels was living abroad in Malaga, a Spanish port city in the country’s south, along the Costa del Sol, when the pandemic chaos began to unfurl. It has led
The most challenging decision an estate planner must make is who to recommend as a trustee for a client. Trusts execute the estate plan, and the trustee is the lynchpin of any trust. The trustee plays multiple roles; a financial and ministerial role; they are responsible for the prudent investment of assets as well as administrative and
By Maura Webber Sadovi Kushner Cos declined to oppose its lenders’ bid to appoint a receiver to take control of its Times Square property, a sign the company could be ready to throw in the towel on the beleaguered entertainment retail project, according to three attorneys not involved with the case. Kushner could also be
“Dungeons & Dragons, Anyone?” – Adam convinces Coach Mellor to let him be team captain in gym class. He betrays his friends by picking the jocks first, causing the two rivaling squads to battle it out with the game the nerds know best – Dungeons and Dragons! Byron Cohen | Walt Disney Television | Getty
Dollar-holders have enjoyed increasing buying power abroad every year since 2013, with each year’s dollar advantage eclipsing the last. Those considering diversifying into real estate overseas but procrastinating on a purchase have been rewarded as they’ve watched properties in key markets become cheaper in dollar terms year after year. Until 2020. Last year, the dollar
Ford Motor Co. displays a new 2021 Ford F-150 pickup truck at the Rouge Complex in Dearborn, Michigan, September 17, 2020. Rebecca Cook | Reuters DETROIT – Two great-great grandchildren of Ford Motor founder Henry Ford have been nominated to the company’s board of directors, the automaker announced Friday. Alexandra Ford English, 33, is the
[The stream is slated to start at 8:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is speaking at a press conference following the institution’s latest monetary policy decision. The ECB said in a statement earlier that it expects to
The buyer of the Beeple non-fungible token for $69 million is a crypto investor who goes by the pseudonym of Metakovan. Metakovan’s real identity is not known, but the investor is the co-founder of the NFT collection called Metapurse, which collects NFTs to display in the metaverse through virtual museums. Metakovan already owns the largest
Edwards Air Force Base is seen in California’s Mojave Desert in this photo taken by an astronaut on the International Space Station. NASA Elon Musk’s SpaceX is preparing to further test its Starlink satellite internet in a demonstration for the U.S. Air Force, the company revealed in a recent request to the Federal Communications Commission. “SpaceX