In 2020, when the world suddenly ground to a halt, most people postponed or canceled all of their plans due to the coronavirus crisis. Many were issued vouchers or credits good for a future date. Now, one year later, those credits have likely expired — or are about to. More than half of all adults, or
In the game of tax chicken that is the 2021 filing season the IRS has swerved, albeit involuntarily, again. Despite repeatedly doubling down on the stance that first quarter estimated tax payments were due on April 15, the latest in a series of IRS system glitches has caused payments for many taxpayers not to be
The first three months of 2021 saw the strongest quarter for Hamptons home sales in six years, continuing the trend of suburbs and rural vacation areas seeing record growth and a lack of inventory during the pandemic. There were 509 home sales in the Hamptons, up nearly 50% from 343 sales in the first quarter
Medical oxygen cylinders at a charging station during the second wave of Covid-19 pandemic. Naveen Sharma | SOPA Images | LightRocket | Getty Images India reported a record number of daily Covid-19 cases on Thursday as the country’s second wave of coronavirus shows no signs of slowing down. There were 314,835 new cases and 2,104
In this article BYD Less than half a year since revealing a flying vehicle prototype, Chinese electric car start-up Xpeng unveiled a second model at the Shanghai auto show in April 2021. Evelyn Cheng | CNBC SHANGHAI – Flying cars may have made headlines at this year’s Shanghai Auto Show, but China’s BYD — which
The U.S. Centers for Disease Control and Prevention cleared vaccinated Americans to travel again, but some immunized travelers remain on the fence about making summer plans. Is it finally safe to fly? What about visiting unvaccinated relatives or traveling with young children? CNBC Global Traveler asked medical professionals — all of whom are
Mint Images – Tim Robbins Repealing the $10,000 state and local tax deduction cap is likely to have uneven results for Americans. In fact, Black families are 42% less likely and Hispanic families are 33% less likely than white ones to see a tax break from a SALT cap repeal, according to a recent analysis
Mayors in blue states are lining up with Democrats in Congress to pressure the White House into restoring a tax break that was significantly reduced by former President Trump’s tax reform. On Wednesday, Rep. Thomas Suozzi (N.Y.) joined officials from Albany; Columbia, S.C.; Philadelphia and San Diego to call for a repeal of the rule
In this week’s look at real estate worldwide, I dove deep into three popular destination cities in France, Mexico and Spain to find out what $3.4 million buys in each housing market. From a romantic villa in San Miguel de Allende to a cliffside home in Jávea to a furnished apartment in the French Alps,
In this article JNJ US President Joe Biden makes a statement of a police shooting in Minnesota in the Oval Office of the White House after a meeting with members of Congress about the American Jobs Plan April 12, 2021, in Washington, DC. Brendan Smialowski | AFP | Getty Images President Joe Biden on Wednesday
Your estate plan needs an up-to-date power of attorney (POA), but it also needs more. The power of attorney (POA) is essential for every estate plan, but it often is oversold by estate planners. The shortcomings of POAs aren’t well-known and could bite you or your heirs without proper preparation. You and your heirs need
In this article KSU The bidding battle for railroad operator Kansas City Southern demonstrates that investors can still find undervalued stocks in the market, CNBC’s Jim Cramer said Wednesday. The “Mad Money” host said he understands those who are concerned about a generally frothy environment, pointing to the exploding interest in the cryptocurrency dogecoin, NFTs and SPACs
In this article CMG A person wearing a protective mask and gloves exits a Chipotle restaurant in San Francisco, California, April 19, 2021. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill is expected to report its first-quarter earnings after the bell on Wednesday. Here’s what Wall Street analysts surveyed by Refinitiv are
Market bull John Stoltzfus sees investment opportunities across the board as earnings season kicks into high gear. Stoltzfus, chief investment strategist at Oppenheimer Asset Management, considers trading activity a lot more sensible than critics think — particularly when it comes to 2020’s big winner. “We see technology as ubiquitous. It serves both the business community
Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galica | CNBC JPMorgan Chase CEO Jamie Dimon said Wednesday that “justice was served” after a jury found ex- Minneapolis police officer Derek Chauvin guilty on all three charges,
Paige Santillo worries about not being able to pay for her medication without health insurance. Source: Paige Santillo The help from the government seemed to come just in time for Paige Santillo. Due to the pandemic, Santillo had been laid off from her job as a marketing manager at the publishing company Informa in October.
Jamie Grill | Getty Images The IRS may start issuing monthly payments of the enhanced child tax credit as soon as July. But some recipients may have to pay back a portion of those funds at tax time next year. The American Rescue Plan directed the federal government to issue advance payments of the child
New York Attorney General Letitia James has weighed in on the low-income housing tax credit Year 15 struggle. In cooperation with James E. Johnson New York City’s Corporation Counsel, she has filed an amicus brief supporting RiseBoro Community Partnership (RiseBoro) in its litigation with AIG affiliate, Sun America Housing Fund 682, over ownership and control of 35
The University of Illinois Urbana-Champaigns’ Solar Decathlon 2020 entry, focused on a growing market of young professional homeowners seeking an affordable home that can adapt to their growing needs. The house was called the ADAPTHAUS because the team designed the house with several features that can be altered to function for multiple purposes and be
In this article YELP Kevin Kahovec and Mary Kate McGovern chat at Rizzo’s Bar & Inn in Wrigleyville as coronavirus disease (COVID-19) restrictions are relaxed in Chicago, Illinois, March 6, 2021. Eileen T. Meslar | Reuters More than 500,000 new businesses opened across the United States in the past year, new data from Yelp showed,