I will pay my taxes sentence written repeatedly on blackboard as a punishment. Getty Routine activity theory explains tax evasion by looking at it as the convergence of motivated taxpayers, attractive tax savings, and guardians that are incapable of stopping or deterring evasion. Greater tax burdens and heavy reliance on self-assessment facilitate an environment conducive
Getty The Internal Revenue Service (IRS) has announced the indictment of Michael Rahim Mohammad, a Dutch national. Mohammad, sometimes called “Mr. Dark,” has been accused of operating Dark Scandals, websites that featured violent rape videos and depictions of child pornography. According to court pleadings, Mohammad was the administrator of the DarkScandals Sites, which he began operating in
This year, geeks will have to celebrate Pi Day without a party. Getty Pi Day is one of my favorite holidays, where I have a chance to celebrate math, pies, and puns. All of which I love. This year it falls on a Saturday (3/14), making it a perfect opportunity to party with friends. But,
Employee standing and packing the box with his belongings while leaving the company and expressing … [+] sadness Getty President Trump and some Members of Congress are promoting a payroll tax cut to respond to the growing coronavirus outbreak. But if they are looking to stimulate or steady the overall U.S. economy, they might explore
Photo: Getty In 1908, the National Association of Real Estate Exchanges was founded to bring agents and brokers together “for the purpose of effectively exerting a combined influence upon matters affecting real estate interests.” In 1913, the real estate industry adopted its first draft of the Code of Ethics. In 1916, the association became the
Photo: Getty WeWork has seen its fair share of stumbles in the past year: an indefinitely postponed initial public offering, a sharp leasing slowdown in two of its biggest markets, accusations of insider dealings and a sudden crash in valuation. In October 2019, SoftBank Group Corp. agreed to take majority control of the company, but WeWork isn’t out of
Photo: Getty There are two types of investors when it comes to commercial real estate investing: speculators and smart investors. The former take bets on the asset’s appreciation over time based on the market, aka organic appreciation, and rely purely on an increase in value over time based on the market conditions. Smart investors, however,
Photo: Getty Technology has reshaped our lives in so many ways — instant transportation at the click of a button, instant grocery or food delivery and the ability to communicate via video with anyone in the world are just a few of the perks technology brings to the table every day. While the real estate
Hardship forbearance is an option for those who are unable to make monthly mortgage payments. Getty Homeowners who are facing a temporary hardship due to the coronavirus and heightened safety measures such as businesses shutting down have options to postpone mortgage payments, according to the Federal Housing Finance Agency. The reach of the pandemic across
Architect Ileana Schinder outside the accessory dwelling unit (ADU) she designed in the 16th Street … [+] Heights neighborhood in Northwest Washington, D.C. in January, 2020. (Photo by Amanda Andrade-Rhoades for The Washington Post via Getty Images) The Washington Post via Getty Images Accessory Dwelling Units, or ADUs, are secondary houses or apartments that share
The policy applies to all reservations booked in the U.S. on or before March 13 with a check-in date of April 1, 2020 or earlier. ANKARA, TURKEY – DECEMBER 30: Logos of Airbnb are seen with a house mock-up onto it, on December 30, … [+] 2019 in Ankara, Turkey. (Photo by Metin Aktas/Anadolu Agency
This an extraordinary Budget in an extraordinary time, and there are many questions left unanswered … [+] over how the government will pay for their considerable borrowing spend. Getty Images The new Chancellor of the Exchequer, Rishi Sunak, on Wednesday, March 11 set out the Conservative government’s Budget 2020 against the unprecedented backdrop of a
A Wing location in New York. Tory Williams/The Wing Topline: Shared corporate space providers Convene and The Wing are shutting down multiple locations for at least two weeks because of the global coronavirus outbreak. Convene, which leases office and event space, is closing more than half of its locations after learning of a confirmed case
New York City landlords have pledged a 90-day moratorium on evictions due to the COVID-19 pandemic. Getty New York City property owners, along with the city’s major real estate trade association, pledged Friday that landlords will not pursue eviction against tenants for the next 90 days due to the COVID-19 pandemic. “Starting immediately, we are
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 135,000, according to data compiled by Johns Hopkins University. Global deaths: At least 4,977, according to data compiled by Johns
Oracle CEO Safra Catz delivers a keynote address during the 2019 Oracle OpenWorld on September 17, 2019 in San Francisco, California. Oracle CEO Safra Catz kicked off day two of the 2019 Oracle OpenWorld with a keynote address. The annual convention runs through September 19. Justin Sullivan | Getty Images Oracle shares rose as much
Omar Marques | LightRocket | Getty Images Bitcoin lost its allure as a safe-haven asset this week. The world’s first and most widely held cryptocurrency dropped 50% over the past two days. Bitcoin — sometimes referred to as “digital gold” — fell more than 30% Friday to its weakest level since March 2019, according to
People pass a sign for JPMorgan Chase at it’s headquarters in Manhattan, New York City. Spencer Platt | Getty Images JPMorgan Chase said that two employees at its headquarters in New York City had the coronavirus, the first confirmed instances at the biggest U.S. bank. The company said that two separate cases were found recently,
Treasury Secretary Steven Mnuchin speaks with reporters outside White House in Washington, DC, on March 13, 2020. Jim Watson | AFP | Getty Images Treasury Secretary Steven Mnuchin said Friday that the Trump administration would consider suspending people’s student loan payments as part of a larger strategy to mitigate the economic consequences of the coronavirus. “I can
As the coronavirus cases spreads around the country, small business owners are beginning to feel early impacts, such as supply-chain problems and lost sales. New data from the National Federation of Independent Business show that the current effects may be limited, but worries are big. The group found that 74% of small businesses say they