The smallest businesses that have had the most trouble accessing forgivable loans from the Paycheck Protection Program will soon get extra help. The Biden administration on Monday announced changes for the pandemic aid program focused on helping small and minority owned firms as well as sole proprietors. For two weeks, starting Wednesday, the Small Business
Old-fashion steel fountain pen with Form 1099-MICS words printed by typewriter getty Failing to send a 1099 can have some really nasty implications, so a lot of us are careful to not miss sending one out when required. Unfortunately, you can also get in trouble for sending one that should not have been sent if the
People gather together to ask the McDonald’s corporation to raise workers wages to a $15 minimum wage as well as demanding the right to a union on May 23, 2019 in Fort Lauderdale, Florida. Joe Raedle | Getty Images President Joe Biden announced the “American Rescue Plan” in January, which includes raising the minimum wage
getty There’s a new sheriff in town when it comes to the 401(k) arena. It’s called a 401(k) Pooled Employer Plan (or “PEP” for short). The industry has been waiting for Congress to approve this next generation 401(k) for years. They finally did in 2019 and President Trump quickly signed it into law. So-called “open”
Environmental activism has made many strides over the last quarter century, and it’s led to a revolution in several industries. Although real estate is still relatively untouched by regulations based on environmental concerns, it’s only a matter of time before this happens. Real estate agents, owners and investors need to know how these regulations may
Dr. Scott Gottlieb told CNBC on Monday he believes coronavirus cases in the U.S. will continue to decline into the spring and summer, allowing Americans to ease up on some pandemic precautions for the time being. However, in an interview on “Squawk Box,” the former Food and Drug Administration commissioner stopped short of totally agreeing with
Bitcoin soared on Tuesday to an all-time high reaching the $50,000 milestone at $50.602. Alain Pitton | NurPhoto | Getty Images Bitcoin slid Monday, pausing its stunning rally after Elon Musk said prices “seem high.” The world’s most valuable cryptocurrency sank over 10% to a price of $51,993 Monday morning, according to data from Coin
Mark Cuban became a billionaire just before the dot-com bubble burst. In 1995, Cuban and a friend, Todd Wagner, started an internet radio platform called Broadcast.com. Four years later, Broadcast.com was acquired by Yahoo for $5.7 billion in stock, making Cuban a very wealthy man. Since then, the “Shark Tank” investor and Dallas Mavericks owner
Janet Yellen, U.S. President-elect Joe Biden’s nominee to be treasury secretary, speaks as Biden announces nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delaware, U.S., December 1, 2020. Leah Millis | Reuters Treasury Secretary Janet Yellen issued a warning Monday about the dangers that bitcoin poses both
Tetra Images | Tetra images | Getty Images A few years ago, I had a client tell me he invested in a fancy bowling alley — the new party hot spot in town. It’s since shut down. Another client shared that he joined the board of a start-up and they’re looking to raise capital. He
President Donald Trump speaks to supporters at Joint Base Andrews before boarding Air Force One for his last time as President on Jan. 20, 2021 in Joint Base Andrews, Maryland. Pete Marovich | Pool | Getty Images Former President Donald Trump’s tax returns are back in the news. The Supreme Court rejected Trump’s efforts to
The IRS is slowly working through a giant paper backlog. getty The House Ways And Means Committee wants answers from the Internal Revenue Service. In a series of recent letters, members of the tax oversight Committee have chided the IRS about sending out incorrect tax notices, raised concerns about a slow start to the 2021
Real estate investor, Founder/CEO of TurboTenant: free landlord software – rental marketing, tenant screening and rental applications. getty As 2021 kicks off, there are still various unknowns going on in the world. You might be wondering what rental investing, and specifically your rental investing strategy, is going to look like this year. Since last year took many
A Porsche 911 Carrera 4S stands in the evening light in a drive-in cinema on the circuit of the Leipzig Porsche factory. Jan Woitas | picture alliance via Getty Images Porsche’s chief executive warned on Monday that the German luxury automaker’s daily operations could be affected over the coming months by a “very serious” global
Chinese Foreign Minister Wang Yi speaks at a news conference after restoring diplomatic ties with Kiribati on the sidelines of the United Nations General Assembly in New York, U.S. September 27, 2019. Mark Kauzlarich | Reuters BEIJING — China’s Foreign Minister Wang Yi on Monday called on the new U.S. administration to stop the “suppression”
“Are you measuring yourself in the gap or the gain?” No, this isn’t a question pitting retail clothing against laundry detergent. It’s a question posed by Greg McKeown, the author of the essential book Essentialism, in his recent 1-Minute Wednesday newsletter. Your answer matters, both in the way you approach money and life—but especially money. “Gap thinking means
A rendering of the Hilton Hotel Santa Monica Restaurant Avenue Interior Design Renovating a large hotel isn’t an easy project, especially during a pandemic. Still, Andrea DeRosa and Ashley Manhan, founders of Avenue Interior Design have managed a full-scale renovation of the Hilton DoubleTree Santa Monica in Los Angeles converting the property to Hilton’s West
Residents take pictures of debris fallen from a United Airlines airplane’s engine on the neighborhood of Broomfield, outside Denver, Colorado, on Feb. 20, 2021. A United Airlines flight suffered a fiery engine failure Feb. 20, shortly after taking off from Denver on its way to Hawaii, dropping massive debris on a residential area before a
A Trader on the floor of the New York Stock Exchange. Source: The New York Stock Exchange Stock futures inched higher in overnight trading on Sunday after the S&P 500 posted its first losing week in three. Futures on the Dow Jones Industrial Average rose 50 points. S&P 500 futures gained 0.1% and Nasdaq 100
Mark Makela | Getty Images News | Getty Images Americans may get another dose of extra unemployment benefits — and policymakers are debating the best way to deliver them. A host of lawmakers and economists want to put the aid on autopilot, phasing out supplemental benefits gradually rather than shutting them off on a specific