News
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US economy fundamentally strong despite stock market plunge
Source: abcnews.go.com - Feb 6, 2018 A wave of fear about inflation and higher interest rates has sent stock prices tumbling and raised concerns about corporate profits. On Monday, a plunge of over 1,100 points in the Dow Jones... Read more > Category: General Business |
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Are Trump's tax cuts backfiring on Wall Street?
Source: money.cnn.com - Feb 6, 2018 Be careful what you wish for. Wall Street partied hard while President Trump pushed for huge business tax cuts that the economy didn't really need. Tax cut euphoria carried the Dow a breathtaking... Read more > Category: General Business |
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Developer Calls ‘Action’ On New Film Studio
Source: myneworleans.com - Feb 5, 2018 In its long-running competition with other states to attract new business and high-quality employment, Louisiana has used many types of job “bait.” Louisiana taxpayers have invested hundreds of... Read more > Category: General Business |
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Luxury taxes loom large for Cavaliers, LeBron James ahead of NBA trade deadline
Source: cleveland.com - Feb 5, 2018 CLEVELAND, Ohio -- When LeBron James and Dan Gilbert met in the summer of 2014 to discuss James' return to the Cavaliers, the luxury tax was a topic of discussion. Would Gilbert be willing to pay... Read more > Category: General Business |
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If you prepaid property taxes to beat the Trump tax law, here's 3 things you need to know
Source: northjersey.com - Feb 5, 2018 Thousands of New Jersey homeowners rushed in December to prepay 2018 property taxes before 2017 ended, hoping to outsmart a new $10,000 cap on the federal deduction that was a controversial piece... Read more > Category: General Business |
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Here's How Much the Eagles Could Owe in Taxes for Their Super Bowl Win
Source: time.com - Feb 5, 2018 Winning the Super Bowl confers glory, prize money — and, this year, a hefty tax bill from the state of Minnesota. The prize money NFL players earn for playing in Super Bowl LII is relatively... Read more > Category: General Business |
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No mistake: Bigger paychecks surprise many workers after federal tax overhaul kicks in
Source: theadvocate.com - Feb 3, 2018 Sanders Offner has had good news for most clients calling lately with questions after noticing a higher-than-usual take-home pay. It wasn't a mistake. "The phone calls that we get primarily are... Read more > Category: General Business |
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Bigger paychecks could have bigger tax bill, experts warn
Source: nbcnews.com - Feb 3, 2018 Americans could start seeing a bump in their paychecks as early as this week thanks to the new tax legislation, but lurking in that extra $50 or $100 is the prospect of a big tax bill come April... Read more > Category: General Business |
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The tax cut is a $6 billion gift to Exxon
Source: money.cnn.com - Feb 3, 2018 The tax windfall helped Exxon's (XOM) net profits surge fivefold, the world's largest publicly traded oil company said on Friday. Excluding the tax bonanza, Exxon's results left Wall Street... Read more > Category: General Business |
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Here is another — totally legitimate — way to shield money from taxes
Source: washingtonpost.com - Feb 2, 2018 I am jealous. Any time you can protect your money from the tax man, I want in. George Papadopoulos is 50 years old and has a tax-free stash to cover health care expenses that is close to $100,000... Read more > Category: General Business |
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Do You Need To File A Tax Return In 2018?
Source: forbes.com - Jan 25, 2018 Tax season opens on Monday, January 29, 2018. The Internal Revenue Service (IRS) expects to process nearly 155 million individual tax returns in 2018. Will you be filing one of those returns? And... Read more > Category: General Business |
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Gig-job workers had better beware of pay-as-you-go tax payments
Source: cnbc.com - Jan 25, 2018 Workers who venture into the world of side hustles or gig jobs might get an unwelcome surprise when they file their tax returns: an unexpected tax penalty. Independent workers — those who don't... Read more > Category: General Business |
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Information That CPA’s Need To Prepare Taxes
Source: whttps - Jan 25, 2018 Certified Public Accountants (CPAs) are incredibly busy during tax season. Their time is precious, even more so this year with the passage of the Tax Cuts and Jobs Act. That makes it even more... Read more > Category: General Business |
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3 Obamacare taxes, including one on higher-value plans, are suspended in deal to end shutdown
Source: cnbc.com - Jan 24, 2018 Three Obamacare taxes have been put on ice — for now — by the deal that ended the shutdown of the federal government. The stopgap spending deal reached by Congress on Monday suspended... Read more > Category: General Business |
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‘Big positive surprise’ coming from Trump tax plan, CEOs say
Source: washingtonpost.com - Jan 24, 2018 DAVOS, Switzerland — As Bank of America chief executive Brian Moynihan travels the world in 2018, he says he keeps hearing the same thing over and over: Foreign businesses want to pump money into... Read more > Category: General Business |
