Month: March 2024

The UK is regulating memes about crypto and other investments to curb scams from ‘finfluencers’

Finance
Wenjin Chen | Digitalvision Vectors | Getty Images Britain’s financial services regulator announced guidelines for financial services companies and social media influencers making memes about cryptocurrencies and other investments in a bid to tackle a rise in scams. The Financial Conduct Authority said in a statement Tuesday that any marketing for financial products — including
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Feds seek seizure of two New York apartments worth $14 million tied to former Mongolia leader in alleged mining scheme

Real Estate
Batbold Sukhbaatar of Mongolia addresses the Millennium Development Goals Summit at the United Nations headquarters in New York, September 22, 2010. Emmanuel Dunand | AFP | Getty Images Federal prosecutors on Tuesday sued to seize two New York City apartments worth $14 million that were allegedly bought with proceeds from a corrupt scheme involving Mongolia’s
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An ‘often overlooked’ retirement savings option can lower your tax bill, advisor says. Here’s how it works

Personal finance
10’000 Hours | Digitalvision | Getty Images There’s still time to lower your 2023 tax bill or boost your refund with a lesser-known retirement savings strategy for married couples. One requirement for individual retirement account contributions is “earned income,” such as wages or salary from a job or self-employment earnings. But there’s an exception for
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Sources of U.S. Tax Revenue by Tax Type, 2024 Update

Taxes
US Tax Revenue by Tax Type, 2024 Update | Tax Foundation Skip to content Table of Contents Policy and economic differences among OECD countries have created variances in how they raise taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of
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