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Tax Breaks: On May The 4th, A Tax Dispute That Started An Intergalactic War
Our latest edition of Tax Breaks. Plus: A look at tax proposals, IRS gives notice to taxpayers, a challenge to the non-compete ban, the cost of Death Star, and more.
How Dividend Investors Can Profit As AI Changes Everything
You’ve probably seen stories about tech investors feeling a bit shortchanged on the profits they’re getting.
Treasury Issues FY 2025 Green Book: Proposes Changes For Late PFIC QEF Election
U.S. taxpayers often miss the deadline to make a QEF election. But Treasury has proposed a legislative fix to this problem in the Green Book for the 2025 fiscal year.
Update: OLPX, ASIX, WLDN and FDP, May 3
Promising quarterly results released by Olaplex (OLPX) yesterday morning have sparked a meaningful rebound that has its shares up nearly 16% to start the [...]
Is Palantir An Attractive AI Stock Buy Ahead Of Earnings
Palantir reports earnings soon and many are looking to see if this is a good AI play. Read our earnings preview to see if it is a good AI buy.
Court Unanimously Overturns Farhy, Finding IRS Has Authority To Assess Penalties
Farhy challenged whether the IRS had the legal authority to assess section 6038 penalties. The Tax Court said no, but on appeal, the D.C. Circuit disagreed.
Bullish Two Hundred Day Moving Average Cross - Apple
In trading on Friday, shares of Apple crossed above their 200 day moving average of $181.25, changing hands as high as $187.00 per share.
Women Are Leading Gains in the Monthly Jobs Report, But Still Facing Barriers in the Labor Market
Not only has this recovery been more rapid than that of the Great Recession, but the "she-cession" has turned into a recovery led by women.
Xi Jinping Goes To Paris - What Does It Mean For Trade And America?
Xi is back in Paris this weekend, his fourth visit, placing France alongside Kazakhstan and South Africa as Xi’s favourite destinations after the US (five visits) and ...
UK’s Climate Plan To Reach Net Zero Is Ruled Unlawful, Lacking Detail
On May 3, the High Court ruled that the United Kingdom’s plan to reach net zero by 2050 did not provide sufficient detail to comply with the UK Climate Change Act.
FTC Ban On Non-Compete Clauses Faces First Legal Challenge From Tax Services Firm
On April 23, 2024, the FTC issued a final rule banning employers from enforcing non-competes. Legal challenges—including from Ryan, a global tax firm—soon followed.
20 Steps Late-Career Employees Can Take To Navigate Retirement
The first step is to assess their current financial situation.
China Market Update: Hong Kong Growth Stocks Climb The Great Wall Of Underweight, Week In Review
Asian equities were mixed overnight following Apple’s earnings “beat” as Hong Kong outperformed, India underperformed, and Japan was closed for Constitution Day, which is the celebration of the 1947 Constitution.
After April Showers, Will Markets Flower?
Q1 was great for markets. April was...not. So naturally, investors are wondering if this is just a “pause that refreshes” or a worrisome sign of more trouble to come.
Biden Has Now Cancelled 10% Of All Student Debt, More Loan Forgiveness Is Coming
With the latest round of debt relief, President Biden has now approved upwards of $160 billion in student loan forgiveness. But some critics what him to go further.