The email comes as a notification that you have been charged a specified amount for an item or service you never ordered. It is not a bill requesting payment, which you would immediately delete. Rather it is a notification of a payment that allegedly you have already made through a bank deposit or credit card.
In a tremendously unpleasant surprise for owners of S-corporations and C-Corporations and their tax advisors, the IRS issued Notice 2021-49 on August 4th which states that the Employee Retention Credit (ERC), made available for businesses suffering from the COVID-19 crisis, will not be available with respect to wages paid to a majority owner, or such
City Developments—controlled by billionaire Kwek Leng Beng—said Friday the property developer will report further losses in the first half this year amid the lingering impact Covid-19 lockdowns and financial troubles at Chinese subsidiary Sincere Property Group. “Though signs of improvement are evident across the group’s business segments, the prolonged Covid-19 pandemic has led to the
Scarlett Johansson stars as Natasha Romanoff, AKA Black Widow, in Marvel’s “Black Widow.” Disney | Marvel The president of the Screen Actor’s Guild on Friday slammed Disney for “bullying” Marvel actress Scarlett Johansson in a public statement it made about the “Black Widow” star’s lawsuit against the company last week. Gabrielle Carteris said Disney “should
In this article DRLCO-DK A crane loads a shipping container branded A.P. Moller-Maersk onto a freight ship. Balint Porneczi | Bloomberg | Getty Images Maersk, the world’s largest container shipping firm, has posted a sharp increase in second-quarter earnings as congestions and bottlenecks continue to drive up shipping rates. The company on Friday reported earnings
In this article ZG DIDI DKNG WEED-CA NVAX GCI Check out the companies making headlines before the bell: Canopy Growth (CGC) – The Canadian cannabis producer’s shares rose 1.9% premarket after it posted an unexpected quarterly profit on rising marijuana demand and cost cuts. The gain comes even as revenue falls short of Wall Street
Vlad Tenev and Baiju Bhatt attend Robinhood Markets IPO Listing Day on July 29, 2021 in New York City. Cindy Ord | Getty Images Shares of Robinhood are popping again on Friday as the volatile stock heads to end its first full week of trading up nearly 70%. Robinhood shares rose 13% to $57.85 on
The Biden administration announced Friday it will extend the payment pause for federal student loan borrowers through January 2022. Since March 2020, borrowers have been given the option to press the pause button on their monthly bills, without interest accruing on their debt. Some 90% of borrowers have been doing so. The pause was scheduled
By Chris Farrell, Next Avenue Britney Spears’ newsy and disheartening conservatorship nightmare has brought to public consciousness the immense power that court-ordered guardians wield over their charges and raised alarms about the potential for abuse. And now — finally — thanks to the sad story of the 39-year-old pop star, efforts are underway to tackle the longstanding problems
Let me tell you about Ember, a small business owner. Her PPP loan through Bank BAC of America was approved for $76,773. A year later, BofA sent her an email that they were retroactively qualifying her for just $4,377! Is this really how Bank of America chooses to treat their best customers? I wrote in
Gleb Savchenko and Elena Samodanova have listed their five-bedroom, 3.5 bathroom Laurel Canyon Hills home they once shared for 3.19 million. Savchenko, 37, a pro on Dancing With the Stars, and the Sharknado actress split in November, after 14 years of marriage, and filed for divorce earlier this year. During an episode of the Whine Down
Brookdale Senior Living, a large operator of assisted living and skilled nursing facilities in the U.S., will require its staff to get vaccinated against Covid, CEO Cindy Baier told CNBC on Friday. The move comes as the highly transmissible delta variant leads to an increase in coronavirus cases in the country, including in nursing homes.
A mobile phone shows Huawei app interface. Huawei unveiled HarmonyOS, its own operating system in 2019. In June 2021, the company launched the operating system on a smartphone for the first time. Costfoto | Barcroft Media | Getty Images The chairman of Huawei said the Chinese technology company’s “aim is to survive” as revenue fell
In this article NVAX DKNG HOOD DBX SPCE YELP Billionaire entrepreneur Richard Branson prepares to spray champagne after flying with a crew in Virgin Galactic’s passenger rocket plane VSS Unity to the edge of space at Spaceport America near Truth or Consequences, New Mexico, U.S., July 11, 2021. Joe Skipper | Reuters Check out the
SpaceX stacks Starship prototype 20 on top of Super Heavy rocket Booster 4 on August 6, 2011. @elonmusk on Twitter Elon Musk’s SpaceX stacked a Starship prototype rocket on top of a Super Heavy rocket booster for the first time on Friday morning, giving a look at the scale of the combined nearly 400-foot-tall vehicle.
Tara Moore | Getty Images When the onset of the Covid-19 pandemic sent shock waves through the U.S. economy, its also prompted worries about how the ensuing downturn could affect Social Security. The program’s trust funds were already running low. At the same time, the Social Security Administration was faced with the unprecedented task of
Construction workers pouring wet concrete on a road. With 20% of the planned infrastructure bill, or $110 billion, dedicated for the construction of roads and bridges, small constructions firms are hoping for a long-term boom in business. Jung Getty As small businesses recover from labor constraints and business losses due to Covid-19, a bipartisan infrastructure
By Kerry Hannon, Next Avenue Here’s the latest discouraging news for older job applicants: Hiring managers around the world have serious concerns about the abilities of people 45+ to learn new technologies and skills and to work with other generations, even though when they hire them, 87% of those employees perform as well, or better, than colleagues
In a sign of the political divide over death taxes, Iowa is repealing its inheritance tax, with a phased-in reduction of the tax bite retroactive to January 1, and full repeal as of January 1, 2025. Abolishing the state inheritance tax was a key priority for Republican Governor Kim Reynolds; it was part of a
Cofounder of InstaLend, a non-bank real estate lender providing loans on single-family and multi-family properties for acquisition and rehab. When you’re applying to a real estate lender for your first fix and flip loan, there’s a lot to keep track of. While you might have gone through a lending process when you purchased the home you