The Internal Revenue Service (“IRS”) released Notice 2023-63 on Friday, September 8th, providing guidance surrounding the requirement to capitalize Section 174 research and experimental (“R&E”) expenditures for the 2022 taxable year. While many tax accountants and business professionals welcome the additional guidance, the timing was not ideal. The guidance was issued seven days before the More
Portland, OR, USA – Jan 5, 2022: Payment apps like PayPal and Venmo are seen on an iPhone on top of … [+] Form 1099-k. Third-party payment apps now have to report transactions more than USD600 to the IRS.getty It’s amazing how many ways you can send money to your friends. I still remember when More
AP Photo/Richard DrewAP For this month, the cycle/relative strength concept is applied. First, the Dow Jones 30 stocks are ranked from the best performer to the worst by calculating the expected return in that month. The top best traditional performers in the month were then screened for relative strength by a unique measure that sorts More
NEW YORK, NY – United Nations (U.N.) summit on climate change September 23, 2019 in New York City. … [+] (Photo by Drew Angerer/Getty Images)Getty Images In anticipation of COP28, the United Nations has released a report on the progress towards the long-term goals of the Paris Agreement. The report found that global action on More
Copyright 2020 The Associated Press. All rights reserved AMC Entertainment (AMC) has dominated financial headlines for weeks and the good folks of Reddit aren’t to blame. The movie theater company is working through a complex plan to improve its balance sheet and reduce its interest expense burden. Two key initiatives in the restructure are a More
Enterprise, Nevada, which is part of the great Las Vegas metro area, has witnessed astounding … [+] population growth, with the number of residents increasing by 103.5% over the last 10 years.getty In the past decade, the American urban landscape has transformed remarkably, with certain cities emerging as meteoric growth hubs. The pace of their More
Pop Art style comic book panel girl calling and yelling out loud with speech bubble vector … [+] illustrationgetty Happy Women’s Equality Day, everyone! It’s quite possible summer 2023 might go down in history as one of the most pro-woman summers of them all. Just consider the wildly popular movie Barbie for a second. It’s More
NVIDIA, NASDAQ-100getty Many analysts working for major investment houses found themselves busy composing “upgrades” this week after NVIDIA reported even better than expected earnings. The stock itself blasted higher Thursday morning before the $500 level attracted major selling and now the price chart shows a classic negative divergence, a sign that a short-term top may More
Startup rocket take off over computer monitor and set of icons, space rocket flying start up … [+] internet business concept, online finance, marketplace or shop, vector illustration.getty Cashless to Bankless: How Is Money Changing? Speculation about the move towards a cashless economy increased considerably at the beginning of the decade. As consumers moved towards More
CHINA – 2021/12/09: In this photo illustration the American electronic commerce and cloud computing … [+] company Amazon logo seen displayed on a smartphone with an economic stock exchange index graph in the background. (Photo Illustration by Chukrut Budrul/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images Stripe may be the most important unknown big More
Riding out the financial system shakeupgetty This is one of those times when a combination of serious, negative pressures will test the U.S. financial system. The test is potentially disastrous because the past actions of the Federal Reserve and the U.S. Government will be of no help. That’s because their actions created today’s pressures (think More
Collection of rifles and carbines. Various firearms hang on special mounts on the wall. Weapon … [+] background.getty When it comes to estate planning, it is crucial to carefully consider the inclusion of firearms in your plan. Firearms are unique in that they carry an inherent risk of legal peril, including potential criminal liability, if More
Peyton, Colorado, USA – January 11, 2016: A horizontal studio shot of Colorado state entry forms and … [+] printed tickets for the Powerball Lottery to be held on Wednesday 13 January, 2016. The entry forms have been marked with Quick Pick selections, meaning the numbers are selected at random by the computer at point More
WASHINGTON, DC – JUNE 30: U.S. President Joe Biden is joined by Education Secretary Miguel Cardona … [+] (L) as he announces new actions to protect borrowers after the Supreme Court struck down his student loan forgiveness plan on June 30, 2023 in Washington, DC. (Photo by Chip Somodevilla/Getty Images)Getty Images The Biden administration sent More
by Franklin Amoo and Rahul Kumbhani African Union leaders celebrate the depositing of the instrument of ratification for a member … [+] country.African Continental Free Trade Area Secretariat Dignitaries from across the African continent, including public officials, diplomats, business titans, and trade policy experts, recently convened for a historic two-day summit in Ghana for the More
