Charday Penn | E+ | Getty Images If you’ve accepted payments via apps such as Venmo or PayPal in 2022, you may receive Form 1099-K, which reports income from third-party networks, in early 2023. But there’s still time to reduce your tax liability, according to financial experts. “There’s no change to the taxability of income,”
Month: December 2022
In this article STLA Follow your favorite stocksCREATE FREE ACCOUNT 2016 Jeep Cherokee Sport Source: Jeep DETROIT – Stellantis said Friday that it plans to indefinitely idle a Jeep plant in Illinois, starting early next year, to cut costs as it invests in electric vehicles. The transatlantic automaker, formerly known as Fiat Chrysler, said the
One Canada Square, at the heart of Canary Wharf financial district seen standing between the Citibank building and HSBC building on 14th October 2022 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images The U.K. government on Friday announced extensive reforms to financial regulation that it says will overhaul EU laws that
On the cusp of the greatest generational wealth transfer in history, baby boomers are set to pass more than $68 trillion on to their children. “It’s a generation that has accumulated a greater percentage of wealth than any other generation ever has,” said Mark Mirsberger, a certified public accountant and CEO of Dana Investment Advisors, referring
The leading marketplace for Solana NFTs saw a 61% rise in sales last month. #Crypto #Solana #NFT #Bitcoin #Ethereum #Equities #Stocks #US #Investing #Trading #NYSE #NASDAQ #$BTC #$ETH #$SOL
Over the last decade, there was an influx of Americans into regions where climate change is making wildfires and extreme heat more common, according to an analysis of multiple data sets done at the University of Vermont (UVM). Broadly speaking, Americans migrated to the cities and suburbs in the Pacific Northwest, parts of the Southwest
In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT A Walmart-backed startup is looking to compete with buy now, pay later companies. The venture, called One, is gearing up to launch its own version of the payment service as soon as next year, according to a source familiar with the matter. One, which is
The Central Business District of Pittsburgh J. Altdorfer Photography | Getty Images After bidding wars during the pandemic, demand for home purchases has fallen amid higher mortgage interest rates. That dynamic has made some markets are more attractive for first-time home buyers for 2023, according to a Zillow report released this week. The real estate
In this article BBWI COST DOCU NFLX CVNA TSLA BYND LULU Follow your favorite stocksCREATE FREE ACCOUNT SOPA Images | Lightrocket | Getty Images Check out the companies making the biggest moves midday: Lululemon — Shares of Lululemon fell 12.85% after the athletic apparel company gave a weaker-than-expected fourth-quarter outlook. In the third quarter, the
Itsskin | E+ | Getty Images Thinking about retiring to another state? You’re not alone. A United Van Lines study found the percentage of people retiring to a new state had increased to 18.3% in 2021, up from 13.4% in 2015. Making the move is not a straightforward decision, however, as there are myriad financial
House and Senate champions and impacted families appear at a Dec. 7 Washington, D.C., event for expanding the child tax credit during the lame duck session. Tasos Katopodis | Getty Images Entertainment | Getty Images Millions of children were lifted out of poverty in 2021, thanks to a more generous child tax credit that included
As part of the 2017 Tax Cuts and Jobs Act (TCJA), the United States enacted a new limitation on interest deductions for businesses. While it is common for countries across the Organization for Economic Cooperation and Development (OECD) to set limits for interest deductions, starting this year, the U.S. became an outlier by using earnings
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