IRS delays tax reporting rule change for business payments on apps such as Venmo and PayPal

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…

India’s Jindal Power will not bid to take over airline Go First  | Reuters News Agency

India’s Jindal Power will not bid to take over airline Go First  | Reuters News Agency

Business & Finance 21 November 2023, 2:14 pm 1 minute Reuters exclusively reported that India’s Jindal Power Ltd, the only company whose expression of interest to take over Go First was accepted by creditors, has decided to not follow through with a bid, three people familiar with the plans said, pushing the insolvent airline closer…

India’s Jindal Power will not bid to take over airline Go First  | Reuters News Agency

India’s Jindal Power will not bid to take over airline Go First  | Reuters News Agency

Business & Finance 21 November 2023, 2:14 pm 1 minute Reuters exclusively reported that India’s Jindal Power Ltd, the only company whose expression of interest to take over Go First was accepted by creditors, has decided to not follow through with a bid, three people familiar with the plans said, pushing the insolvent airline closer…

India’s Jindal Power will not bid to take over airline Go First  | Reuters News Agency

India’s Jindal Power will not bid to take over airline Go First  | Reuters News Agency

Business & Finance 21 November 2023, 2:14 pm 1 minute Reuters exclusively reported that India’s Jindal Power Ltd, the only company whose expression of interest to take over Go First was accepted by creditors, has decided to not follow through with a bid, three people familiar with the plans said, pushing the insolvent airline closer…

Auto Workers Ratify Big Three Contracts With ‘Record Gains’

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…

More part-time workers to get access to employer retirement plans next year

More part-time workers to get access to employer retirement plans next year

Like many workers, saving for retirement wasn’t a priority for Mark Zimmermann. The 72 year old thought he’d always run the family dairy farm in Wisconsin, but that didn’t go as planned. “I struggled farming, I had too many disasters and was never able to put any money away,” Zimmermann told CNBC, speaking from an…

Mom and pop shops are cutting software spending, creating jitters on Wall Street

Mom and pop shops are cutting software spending, creating jitters on Wall Street

Nick Martin, co-founder and CEO of Joe Coffee, is so concerned about the state of the economy that he’s looking for ways his company can save money. One main area for cuts: software. Martin started the Seattle-based company with his brother, Brenden, to help local coffee shops better compete with Starbucks, by making it easier…

Starbucks Is In Hot Water — This Time For Allegedly Breaking The Law

Starbucks Is In Hot Water — This Time For Allegedly Breaking The Law

Ella Clark didn’t have much time to goof around after she graduated from high school in June. The 18-year-old had to prepare for a federal hearing in San Francisco where she would square off with corporate lawyers representing the biggest coffee chain in the world. Clark believed Starbucks had violated her rights as she tried…

It’s open enrollment season for health coverage. If you’re self-employed, you can’t afford to ignore it

It’s open enrollment season for health coverage. If you’re self-employed, you can’t afford to ignore it

Open enrollment season can be a time of trepidation for the self-employed.  The stakes are especially high because if you need to buy individual or family coverage, the next few weeks could be your only chance for 2024, barring certain exceptions such as moving to a different state, getting married, divorced or having a child. …

Building an e-commerce sales success story is getting more complex and costly

Building an e-commerce sales success story is getting more complex and costly

Products in a loading bay at an Amazon fulfillment center on Prime Day in Melville, New York, US, on Tuesday, July 11, 2023. Bloomberg | Bloomberg | Getty Images Amazon may be the epitome of big business, but more than 60% of the behemoth’s sales last year came from small- and medium-sized businesses. Small businesses rely on…