ERC getty On Monday, March 1st, the IRS released 102 pages of well-written and reasoned guidance on the Employee Retention Credit (ERC) in the form of Notice 2021-20. While further guidance will be forthcoming as to the application of these rules for 2021, the provisions of the Notice provide considerable guidance in a number of
Villa Courbe in Switzerland was designed by SAOTA to evoke the mountains that surround it. Comptoir Immobilier SAOTA may not be the first to shape its designs by the natural settings that surround them, but it’s not hyperbole to say the pioneering architecture and design firm has perfected the technique. Take Villa Courbe, for example.
Brian Niccol, CEO of Chipotle Mexican Grill Adam Jeffery | CNBC Chipotle Mexican Grill said Thursday that executive compensation will now be linked to hitting targets tied to the company’s environmental and diversity goals. The burrito chain is following in the footsteps of Starbucks and McDonald’s, both of which recently announced that performance for racial
Take a look at some of the biggest movers in the premarket: Okta (OKTA) – Okta tanked 10.5% in premarket trading after announcing it is buying customer management software provider Auth0 for $6.5 billion in stock. The provider of identity management software also reported quarterly earnings of 6 cents per share, compared to consensus forecasts
Sen. Elizabeth Warren defended her latest wealth-tax proposal Tuesday, telling CNBC she believes most Americans won’t mind being rich enough to pay it. The Massachusetts Democrat made the comments in an interview on “Squawk Box,” one day after rolling out a proposal for an annual tax of 2%, or 2 cents, on every dollar of people’s
The logos of Google, Facebook, Instagram, Twitter, Snapchat and TikTok displayed on a computer screen. Denis Charlet | AFP via Getty Images Is it time for an ETF that measures hype? Measuring the buzz around stocks mentioned in social media is all the rage. Now there’s an exchange-traded fund for that. The Van Eck Vectors
katleho Seisa | E+ | Getty Images For an extra year, it’s going to be easier than ever to monitor your credit report — and check for errors. The nation’s three largest credit reporting firms — Equifax, Experian and TransUnion — said Tuesday that consumers can access their credit report through a central site up
Tax Deductions and great tax planning is one of the best ways to make your small business more … [+] profitable. getty One of the easiest ways to make your business more profitable (without working any harder) is to identify all of your expenses and those that are tax-deductible for your small business. These rules
Essential jobs take many forms. When it comes to transporting goods, about 15.5 million trucks are operating in the U.S. moving vital freight across the country. And every truck needs a driver. Eight years ago, April Coolidge — then in her mid-40s — decided to stop selling real estate and start driving a truck. As
Mortgage rates notched their biggest increase in almost a year this week. Will they keep rising? getty Mortgage rates made a notable jump this week, hitting their highest point since last July. According to the Mortgage Bankers Association, the average rate on 30-year mortgage loans is now 3.23% — up from 3.08% the week prior
General Motors employees work on the assembly line at the Fairfax Assembly & Stamping Plant in Kansas City, Kansas. Jim Barcus for General Motors DETROIT — General Motors is extending temporary shutdowns at three of its North American plants due to a global semiconductor chip shortage, which is expected to shed billions off automakers’ earnings
Frank Slootman, CEO, Snowflake Source: CNBC Snowflake shares fell as much as 7% before erasing most of the decline in extended trading on Wednesday after the data analytics software company gave full-year guidance that met but did not exceed analysts’ estimates. The stock had already dropped about 9% during regular trading Wednesday, amid a broad
One top strategist is calling the tech slump a major buying opportunity. According to Oppenheimer Asset Management’s John Stoltzfus, the group will rebound because it plays a key role in the economy’s reopening. He cites the critical support tech companies provide to consumers and every sector of corporate America. “We see the rollover in the
John Rogers of Ariel Investments told CNBC on Wednesday that corporations can play a critical role in helping close the racial wealth gap in the United States. In an interview on “Closing Bell,” the firm’s co-CEO and chief investment officer pointed to retirement savings plans as one place to start addressing it. But even then,
Chinese tourists wear masks as protection from the pollution outside the Forbidden City during a day of high pollution in Beijing, China. Getty Images Sustainable investing is taking off in Asia-Pacific as institutional investors accelerated their environmental, social and governance (ESG) investments during the coronavirus pandemic last year. ESG investing prioritizes a company’s positive contributions
The headquarters of the US Securities and Exchange Commission (SEC). SAUL LOEB | AFP | Getty Images The Securities and Exchange Commission will probe conflicts of interest in financial advice this year with more vigor, at a time when market conditions may lead brokers to take advantage of clients with greater frequency, the federal agency
On its face, eligibility for claiming the Employee Retention Credit (“ERC”) seems straightforward – I had to shutdown my business due to a government order so I can claim an ERC. We have all learned over the last few weeks that the devil is in the detail. Essential businesses have an additional hurdle to jump through if
chee gin tan | E+ | Getty Images The Small Business Administration on Wednesday released a new application and loan calculation formula for Paycheck Protection Program loans for self-employed and gig workers. For these small businesses, it will mean larger forgivable loan amounts going forward. The new PPP application for self-employed workers and sole proprietors
Protect yourself from Social Security scams. Be on the lookout for fake calls and emails. getty If you’re shopping at CVS tomorrow, you might hear the voice of Social Security Commissioner Andrew Saul over the speaker system, warning Americans to beware of Social Security telephone and email scams. Screens behind customer service desks at Walmart
The Midtown Manhattan skyline creates a backdrop for historic buildings along 59th Street. getty The number of new listings for residential properties in Manhattan saw its first year-over-year increase for 2021 in February, while the number of contracts signed fell slightly but remained well above the figures from the same period last year. From February