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IRS delays tax reporting rule change for business payments on apps such as Venmo and PayPal
IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters If you received business payments via apps such as PayPal or Venmo or e-commerce companies such as eBay, Etsy or Poshmark in 2023, your tax return may now be a little less complicated. The IRS announced Tuesday that 2023 would…
How to choose the right business structure
Choosing the right business structure is a crucial decision that impacts various aspects of your business, including liability, taxes, and operational flexibility. The choice depends on factors such as the nature of your business, the number of owners, and your long-term goals. Here’s a comprehensive guide on how to choose the right business structure: 1….
The US Government Says Facebook Needs To Sell Instagram And WhatsApp
Facebook has used illegal monopoly power and an “unlawful scheme” to stifle competition, degrade personal privacy, and crush rivals, according to antitrust lawsuits filed Wednesday by the Federal Trade Commission and attorneys general from 46 states and two territories. “For nearly a decade, Facebook has used its dominance and monopoly power to crush smaller rivals…
Here’s what Wall Street wants to see from Hollywood this year
Picture Alliance | Picture Alliance | Getty Images It’s the third act of the streaming wars. That’s the time a hero, seemingly beaten and broken, rises up and saves the day. But Wall Street is worried that hero may never come for Hollywood. Legacy media companies including Disney, Warner Bros. Discovery, Comcast and Paramount Global…
The Impact Of This Year’s Strikes Can Be Seen In A Few Eye-Popping Numbers
Writers, actors, nurses, auto workers, baristas, pharmacists, graduate students — ever since 2023’s “hot labor summer” began, it seems like workers all over the country have been walking off the job to demand more of their bosses. But are we really seeing a resurgence of the strike weapon? By several measures, yes, we are. More…
Auto Workers Ratify Big Three Contracts With ‘Record Gains’
Auto workers have signed off on a trio of new contracts with Ford, General Motors and Jeep parent company Stellantis, bringing closure to a more than six-week strike that rocked U.S. auto makers and showed a renewed militancy within the industry. The United Auto Workers union announced Monday morning that 64% of members overall voted…
