Still from Disney’s latest Pixar film “Luca.” Disney While most Americans are breathing a sigh of relief as they return to normal activities outside the home in the wake of the Covid-19 pandemic, the streaming video industry may not be quite as excited for a return to reality. Comcast‘s NBCUniversal, ViacomCBS, AT&T‘s WarnerMedia and Discovery […]
Tips for End of Financial Year
Preparing your End of Financial Year (EOFY) information often feels stressful—there are receipts to sort out and reports to review, and you need to make sure you have all the necessary information about your income and expenses. It can be overwhelming, and it can make the EOFY feel daunting. Read the tips for end of […]
Hiring Your Kids: Payroll Considerations
Small business owners who are also parents often look forward to the time when their kids are old enough to learn their trade. Maybe you’re planning to introduce them to the family business through a summer gig, a regular part-time thing while they’re still in school, or a one-time opportunity to help with a big […]
Miami-Dade preparing for Tropical Storm Elsa amid condo collapse search
Probability of storm force winds from Hurricane Elsa Source: NOAA Elsa weakened to a tropical storm force but continued to plow toward Haiti and the Dominican Republic on Saturday, a day after making landfall on the Caribbean island nations of Barbados and St. Vincent. The long-term forecast track showed it heading toward Florida as a […]
Richard Branson believes the space market has room for 20 companies launching tourists
Sir Richard Branson may be trying to be first in the billionaire space race, but he believes there is plenty of opportunity in the market for companies like Virgin Galactic, Jeff Bezos’ Blue Origin, or Elon Musk’s SpaceX. “There’s room for 20 space companies to take people up there,” Branson said in an interview this […]
Supreme Court declines to decide whether religious flower shop owner can deny same-sex weddings
Police stand guard at the Supreme Court in Washington. Mike Theiler | Reuters The Supreme Court said Friday that it will not hear a case brought by a Christian florist who is arguing that a Washington state anti-discrimination law that requires her to provide custom flower arrangements for same-sex wedding ceremonies is unconstitutional. The court’s […]
Farm businesses receive guidance on tax treatment of losses
The IRS issued Rev. Proc. 2021-14 on Wednesday instructing taxpayers with a net operating loss (NOL), consisting entirely or partly of a “farming loss,” as defined in Sec. 172(b)(1)(B)(ii), on how to make or revoke certain elections including those available under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L. 116-136. For most taxpayers, […]
Supreme Court sides with GOP and upholds Arizona voting rules Democrats called discriminatory
The Reverend Debra Haffner, Pamela Wilson and Dawn Wagner Houston carry signs as activists rally in support of the “For the People Act” voting rights legislation in front of the U.S. Supreme Court in Washington, June 23, 2021. Evelyn Hockstein | Reuters The Supreme Court on Thursday ruled 6-3 to uphold Arizona voting rules supported […]
More ‘Dirty Dozen’: Fake charities, ‘ghost’ preparers, and other ploys
In a third batch of “Dirty Dozen” cautions about common tax-related scams, the IRS on Wednesday warned taxpayers about bogus charity appeals and frauds upon seniors and immigrants (IR-2021-141). The IRS also called attention to unscrupulous individuals who purport to serve taxpayers with “pennies on the dollar” settlements of their tax debts and shady or […]
Dr. Scott Gottlieb says U.S. unlikely to have another ‘raging epidemic’ from Covid delta variant
Dr. Scott Gottlieb told CNBC on Wednesday he believes there’s enough Covid immunity protection across the U.S. population that, even as the highly transmissible delta variant circulates, the country is unlikely to experience a situation nearly as dire as previous points in the pandemic. “I don’t think it’s going to be a raging epidemic across […]