Getty Images As the year-end approaches, there’s been debate around tax reporting for business transactions on payment apps such as Venmo and PayPal, along with e-commerce companies, such as eBay, Etsy and Poshmark. Some lawmakers are pushing to increase the IRS reporting threshold for Form 1099-K, which covers third-party business payments. Taxpayers who use a payment app to process
Middlebury is paying students $10,000 to take the semester off. Other schools are housing students in everything from trailers to rooms at a casino resort—or leaving them to fend for themselves. By Alex Perry, Forbes Staff Priscila Sepulveda is set to begin her junior year as a film major at the University of California, Berkeley
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Xolo Mariduena stars ase Jaime Reyes in Warner Bros.’ “Blue Beetle.” Warner Bros. Discovery It’s pink vs. blue at the box office this weekend. As “Barbie” continues a historic run in theaters, a little-known superhero called “Blue Beetle” is looking to take the top spot
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — China’s Ministry of Commerce signaled Thursday it would respond, if needed, to the Biden administration’s executive order to restrict U.S. investments in advanced Chinese technology.
Dire news from two iconic Chinese property developers, Country Garden Holdings (2007.HK) and China Evergrande Group (3333.HK), hit the press this month. Country Garden missed a scheduled bond payment, its bonds stopped trading and it was de-listed from the Hang Seng Index. Evergrande declared bankruptcy seeking Chapter 15 protection on USD 31.7BN of obligations to
Lesson To Learn So the moral of this tax tale is that you have to be careful about making sure you file the right tax form to get what you want. We’ll elaborate a bit on the key point in the case to provide more background on trust taxation and trusts generally. The broader message
In this article NVAX MRNA PFE Follow your favorite stocksCREATE FREE ACCOUNT A pharmacist prepares to administer Covid-19 vaccine booster shots during an event hosted by the Chicago Department of Public Health at the Southwest Senior Center in Chicago, Illinois, Sept. 9, 2022. Scott Olson | Getty Images New Covid vaccines from Pfizer, Moderna and
In this article HE ADBE CSCO TPR WMT Follow your favorite stocksCREATE FREE ACCOUNT Walmart logo is seen near the shop in Williston, Vermont on June 19, 2023. Jakub Porzycki | Nurphoto | Getty Images Check out the companies making the biggest moves in premarket trading: Walmart — Shares added as much as 1% after
Paint is one of the easiest and least expensive ways to revitalize your home. However, it can be difficult to determine which colors are trending – or not – and which are more suitable for certain rooms and areas. HGTV Home By Sherwin-Williams just released the 2024 Color Collection of the Year, which includes 10
Getty Images No-frills discounter Aldi is the latest grocer to shake up the industry with big moves. The German retailer announced this week that it plans to acquire about 400 Winn-Dixie and Harveys Supermarket locations across the Southern U.S. As part of the deal, it would take over operations of the stores, which are in
The average sticker price for college, or published costs for tuition and fees, has been rising — but most families don’t pay full price. Tuition, fees and room and board — plus books and supplies, transportation and personal expenses — total an average $27,940 at a four-year, in-state public college for the 2022-23 school year,
A CVS pharmacy in Bloomsburg, Pennsylvania. Paul Weaver | LightRocket | Getty Images Check out the companies making headlines during midday trading Thursday. Cisco Systems — Shares of the computer networking giant added 4% after reporting earnings postmarket Wednesday that beat Wall Street’s expectations. Adjusted earnings per share for its fiscal fourth quarter came in
Even billionaires kick themselves for passing on investment opportunities that turned out to be incredibly lucrative. In Mark Cuban’s case, he regrets not investing in Uber. He was offered the chance to invest at a $10 million valuation by Uber co-founder Travis Kalanick in 2009, and turned it down — because he thought the ridesharing
Moyo Studio | E+ | Getty Images Social Security benefits provide retirement income for millions of Americans. Because the timing of your claim may impact the size of the benefits you receive, it’s a high-stakes decision. And the results may also affect your spouse or dependents. But sifting through Social Security’s claiming rules may make
Cavan Images | Getty Images As electric vehicles proliferate, some gas stations are making expensive overhauls to add EV charging stations. In most cases, they aren’t scrapping traditional liquid fuel pumps. But select locations, including an RS Automotive in Takoma Park, Md., and a Shell station in Fulham, England, have made a full switch. Location,
In 2023, the population of Geneva hit more than 632,000, ranking it 925th on the list of most populous cities in the world. Yet this lakeside municipality cradled in the valley on the western border of France and Switzerland, where the Rhone River converges with Lake Geneva, has been recognized globally as a city of
Most Americans who aren’t yet receiving their Social Security retirement benefits plan to claim the benefits early, according to the 2023 Schroders US Retirement Survey. Only 10% say they plan to wait until age 70 to claim the maximum Social Security retirement benefit. Many plan to accelerate their benefits. About 40% say they will claim
Mark Holmes is noted as being one of the better writers among Tax Court judges. His work on the Estate of Michael Jackson read like a novel. This month he may have gone off the beam a bit in a bench opinion. There is something rather tasteless in bringing up glue factories in the context
In this article OUST LAZR INVZ OUST LAZR INVZ Follow your favorite stocksCREATE FREE ACCOUNT A lidar sensor from Hesai company on top of a vehicle in Shenzhen, China on Jul. 10 2022. Jade Gao | AFP | Getty Images For investors in lidar startups, this has been a long time coming. After years of
Thanks to “tipflation,” a 20% gratuity isn’t what it used to be. With more opportunities to tip and pre-determined point-of-sale options that now range from 15% to 35% for each transaction, tip expectations are growing, whether consumers like it or not. And most don’t: Two-thirds of Americans have a negative view about tipping, according to