Taxes

Good morning and have a nice spring. We hope you can enjoy another Sunday ignoring your tax returns (or, if you've already done so, feeling complacent). But first, here's what you need to know about the business and technical news for the…

The Swiss bank also hired Mr. Wray, then a partner at King & Spalding in Washington, who served as head of the Department of Justice's crime department and oversaw the Enron task force. (Mr. Wray became director of the FBI three years…

You need to know how much you have already received in order to receive credit. If you don't have the information about the amounts (note 1444 for the first stimulus payment and 1444-B for the second), you can find the information by…

Private equity managers should also take note of the following: She implied that she would like to deal with "interest income" which allows some financiers to pay taxes on their income at capital gains rates as if they had invested the…

For example, suppose a high-income investor bought 100 shares of GameStop on Jan. 4 when the shares were trading at $ 17.25 and paying $ 1,725. The trader then sold the shares on Jan. 27 when they hit $ 347.51 and grossed $ 34,751, making…

Some tax problems will arise later this year. One of these concerns people who own businesses and pay self-employment tax. They pay 12.4 percent of their income in social security taxes and 2.8 percent for Medicare, but only for the first…

During the presidential campaign, Mr Biden proposed trillion dollar tax hikes for businesses and the rich, but his plans failed due to a complete repeal of Mr Trump's tax law. He said he would only raise income taxes in the top brackets to…

Google closes a high-flying cellular project. The tech giant said it would end Loon, who used high altitude helium balloons to broadcast internet access. Loon was one of Google's most famous Moonshot projects that fell out of favor when…