If you own any Treasuries, take a grim look at whatâs left after inflation and taxes. Inflation has already crossed the 6% mark. Are we going to see 7%? What does that do to savers? My answers are âYes, soonâ and âThey get slaughtered.â The inflation rate, as measured by the one-year gain in the… More
Hailey LennonSenior ContributorOpinions expressed by Forbes Contributors are their own.I cover regulatory developments impacting the cryptocurrency industry. Check in, Airport Departure & Arrival information board sign taken in 2015. getty A relatively hidden provision in the $1 trillion bill plans to help pay for new roads and bridges by making the tax collection of crypto… More
Most families with children are eligible for advance payments of the 2021 Child Tax Credit. getty Some 36 million families are eligible for advance payments of enhanced child tax credits for 2021, and the Internal Revenue Service has launched two new online tools to help taxpayers navigate this tax law change. Thereâs a Child Tax… More
This is an excerpt from Deal Flow, Forbesâ daily newsletter about big buyouts, big mergers and the rest of Big Finance. Want a new edition in your inbox every afternoon? Subscribe here. What happens when you combine just about every major buzzword that has enveloped private equity in recent years in a single $12.5 billion… More
Which is better, using appreciated securities or an IRA? Hereâs a calculator to answer the question. Volunteers at Habitat for Humanity in Culver City, California. (Photo by John Wolfsohn) Getty Images The 2017 tax law, with its huge standard deduction, did serious damage to the tax benefits of philanthropy: Now, for a lot of taxpayers,… More
Season to pay Tax, Budget, and Tax planning concept. Business woman wear glasses calculating annual … [+] tax and using mobile phone. Calendar 2021 and personal income tax form placed on home office desk. getty For the second year in a row, you have additional time to file your federal taxes. On March 17th, the… More
Shell Oil’s Jackpine open pit oil sands mine in Alberta, Canada. U.S. and Canadian banks account for … [+] almost half of global fossil fuel financing, according to a new report. The Washington Post via Getty Images The worldâs biggest banks have pumped a staggering $3.8 trillion into fossil fuel industries over five years, a… More
The U.S. Department of Education rolls back the previous administrationâs borrower defense to repayment rules, even as a judge upholds some of the DeVos-era regulatory changes. The U.S. Department of Education will provide full relief in all previously-approved borrower … [+] defense to repayment discharge claims. Getty The borrower defense to repayment discharge cancels federal… More
As an evil force threatens the kingdom of Kumandra, it is up to warrior Raya to leave her Heart Lands home and track down the legendary last dragon to help stop the villainous Druun. © 2020 Disney. All Rights Reserved. DISNEY When every Disney princess unconventionally strong, feisty and empowered, âunconventionalâ becomes the Disney Princess… More
LONDON, UNITED KINGDOM – JULY 1O: Prince Charles, Prince of Wales, Camilla, Duchess of Cornwall, … [+] Queen Elizabeth ll, Meghan, Duchess of Sussex, Prince Harry, Duke of Sussex, Prince William, Duke of Cambridge, Catherine, Duchess of Cambridge and Princess Anne, Princess Royal stand on the balcony of Buckingham Palace to view a flypast to… More
Protect yourself from Social Security scams. Be on the lookout for fake calls and emails. getty If youâre shopping at CVS tomorrow, you might hear the voice of Social Security Commissioner Andrew Saul over the speaker system, warning Americans to beware of Social Security telephone and email scams. Screens behind customer service desks at Walmart… More
By Kerry Hannon, Next Avenue getty Six months after Tamara Schumer, of Fairfax, Va., opened her home-based window-treatment business in 2016, it took off. “I was fortunate,” says Schumer, owner of Budget Blinds of Arlington & Alexandria. “But it was very stressful trying to handle customer service, scheduling, follow-up, orders, sales â all of that… More
Godzilla Vs. Kong Courtesy of Warner Bros. Picture We finally have a trailer for Godzilla Vs. Kong. Right in time for the 30th anniversary of The Silence of the Lambs, Godzilla is on a killing spree, and humanity has no choice but to send a monster to catch a monster. The monster is a âperfectly… More
WASHINGTON, DC – JULY 17: Jovita Carranza, administrator of the U.S. Small Business Administration … [+] (SBA), speaks as Steven Mnuchin, U.S. Treasury secretary, left, listens during a House Small Business Committee hearing on July 17, 2020 in Washington, D.C. The hearing is titled “Oversight of the Small Business Administration and Department of Treasury Pandemic… More
President Donald Trump listens to a reporter’s question in the Oval Office of the White House, on … [+] December 7, 2020, in Washington. AP Photo/Patrick Semansky President Donald Trump on Friday signed legislation that could remove Chinese companies from U.S. exchanges if American regulators are not allowed to review their financial audits. The âHolding… More
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