Jonathan Curry of Tax Notes recaps the tax provisions of President Biden’s American Families Plan and discusses with Dean Zerbe of Alliantgroup LP the finer details and its likelihood of passing Congress. This post has been edited for length and clarity. David Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week:
You might not be able to pronounce Iceland’s newest erupting volcano at Fagradalsfjall, but you could potentially own a chunk of it. According to Icelandic media reports, the area of the eruption on the Reykjanes peninsula west of the capital Reykjavik is on private land owned by a landowners association of about 20 individuals. The
Thomas Barwick | DigitalVision | Getty Images Women entrepreneurs have long gotten a small slice of the venture-capital funding pie. Female VC leaders are trying to change that. In fact, opportunities abound for “wontrepreneurs,” said Julie Sandler, managing director at startup studio and venture capital fund Pioneer Square Labs, based in Seattle. She spends most
The Senior living industry needs to wake up and understand that Baby Boomers just don’t want what their parents and grandparents were offered. No matter how fancy the furniture, how many lakes and golf courses they install on the property, and how large the gym and swimming pool are, baby boomers want an entirely different
Hamilton at Richard Rodgers Theatre near Times Square remains closed following restrictions imposed to slow the spread of coronavirus on January 15, 2021 in New York City. Cindy Ord | Getty Images “Hamilton,” “Wicked” and “The Lion King,” three of Broadway’s cornerstones, are set to reopen on Sept. 14. The three productions jointly announced their
In this article PLTR Peter Thiel, co-founder and chairman of Palantir Technologies Inc., pauses during a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019. Kiyoshi Ota | Bloomberg | Getty Images Palantir, the maker of software and analytics tools for the defense industry and large corporations, reported 49% revenue growth for its first quarter,
In this article TSLA A worker operates a forklift to move bundles of Hampton lumber for a shipment order at Burton Lumber in Salt Lake City, Utah, on Thursday, May 6, 2021. George Frey | Bloomberg | Getty Images The U.S. economy is trying to restart its engine after tumbling into its deepest recession in
Virgin Galactic’s spacecraft outside Spaceport America in New Mexico. Virgin Galactic Virgin Galactic stock drop after reporting first quarter results accelerated in early trading on Tuesday, with the company’s next spaceflight test – and its broader path to beginning commercial flights – possibly delayed further. The space tourism company gave an update on progress toward
In this article .COVID19 With the latest announcements from the State University of New York and the City University of New York, hundreds of thousands of students will now be required to get the Covid-19 vaccine. On Monday, New York Gov. Andrew Cuomo said the SUNY and CUNY boards will require proof of vaccination for
In deciding whether or not to bet on the founders of Lili, a digital banking app that caters towards America’s freelancers, Group 11 founding partner Dovi Frances wanted to be sure he had “the OGs of the digital banking industry.” “It’s not like you’re looking for veterans in everything you do,” Frances says. “In Lili’s
Ever wonder what it takes to become a real estate agent to the stars? Coldwell Banker Global Luxury’s vast network of agents works with some of the wealthiest homeowners in the world. Exclusively for Forbes, three top Coldwell Banker-affiliated agents share their experience and advice on working with celebrities, athletes, Wall Streeters and more. Rising
Bruce Yuanyue Bi | The Image Bank | Getty Images DUBLIN — When Irish Prime Minister Micheál Martin announced the phased re-opening of hospitality businesses for June, hotel managers like Niall Coffey breathed a sigh of relief. Ireland’s tourism and hospitality industries have been the worst hit during the pandemic and previous attempts at re-opening
In this article RBLX The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing. NYSE Roblox shares rose more than 5 percent in after-hours trading, following the release of its first earnings report since going public in a direct listing in
Joggers run along the Bund across from the Lujiazui Financial District in Shanghai, China, on Saturday, April 10, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — China’s once-a-decade census showed that the national population of the mainland was 1.41 billion people as of Nov. 1, 2020. The average annual growth rate was 0.53%
Gov. Asa Hutchinson said Arkansas will end enhanced unemployment benefits June 26. Andrew Harrer/Bloomberg via Getty Images Tensions are flaring over a $300 supplement to weekly unemployment benefits. A weaker-than-expected April jobs report has led to outcry in some circles that the payments are fueling a labor shortage. The extra aid offers an incentive for
Now that we know the Biden administration’s ideal rate for a global minimum corporate tax — 21% — it’s a bit easier to look at what that rate might mean, particularly for developing countries. At the high end, one estimate has pegged the potential global gains in unrecovered taxes at over $500 billion annually. In a recent
When it comes to renting, the U.S. has experienced a noticeable shift in patterns due to Covid-19. After the pandemic struck, many residents decided to pack up and leave expensive city centers in order to relocate to the suburbs or smaller and more affordable towns. The widespread adoption of remote working has made that possible
In this article CMG Customers order from a Chipotle restaurant at the King of Prussia Mall in King of Prussia, Pennsylvania. Mark Makela | Reuters As the labor market heats up, Chipotle Mexican Grill announced Monday it’s raising pay for restaurant workers, reaching an average of $15 an hour by the end of June. The
About a month ago, Illinois governor JB Pritzker signed legislation that boosted pension benefits for a group of Chicago firefighters, despite the urging of Chicago mayor Lori Lightfoot not to do so, because of the cost to the already-woefully-underfunded plan. As I wrote back in January, this change could drop the funded status from 18%
In this article SPG Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State’s largest retail shopping space, in King of Prussia, Pennsylvania. Mark Makela | Reuters The biggest U.S. mall owner Simon Property Group says shoppers are getting back to malls, but that it’s hard to