The IRS on Monday issued adjusted amounts for the child tax credit, the earned income tax credit (EITC), and the premium tax credit (PTC) for 2021, to reflect changes enacted in the American Rescue Plan Act of 2021, P.L. 117-2 (Rev. Proc. 2021-23). Only for tax years beginning in 2021, Section 9611 of the American […]
Stocks making the biggest moves in the premarket: Albertsons, Otis Worldwide, Pearson & more
Take a look at some of the biggest movers in the premarket: Albertsons (ACI) – The grocery store operator came in 9 cents a share ahead of consensus, with quarterly profit of 60 cents per share. Revenue also beat estimates. Albertsons predicted comparable sales for the current fiscal year falling between 6% and 7.5%. The […]
Biden job approval hits 53%, broad majority support his infrastructure plan: NBC News poll
U.S. President Joe Biden speaks about his $2 trillion infrastructure plan during an event to tout the plan at Carpenters Pittsburgh Training Center in Pittsburgh, Pennsylvania, March 31, 2021. Jonathan Ernst | Reuters More than half of Americans say they support President Joe Biden‘s performance in office so far and approve of his sweeping infrastructure […]
COVID-19 Paid Leave Requirements and Tax Benefits
In this last year, your employees may have needed leave from their jobs due to a circumstance related to COVID-19. In 2020, federal Acts signed into law mandated certain employers provide paid leave for qualified employees. Since March of this year, providing paid leave is now voluntary. When provided, the employer can receive tax credits. […]
How local TV stations plan to remain relevant as viewers shift to streaming
EW Scripps CEO Adam Symson Source: EW Scripps The technology behind the distribution of television has evolved with time, from the antenna to cable to satellite, and most recently to streaming. Now, according to EW Scripps Chief Executive Officer Adam Symson, the time has arrived for the next frontier of TV viewing: The antenna. As […]
Facebook app boss says ‘we’ve been working on audio for a very long time’ as firm prepares to launch Clubhouse rival
Fidji Simo, head of Facebook app. Photo credit: Fidji Simo The head of Facebook’s app, Fidji Simo, told CNBC that the social media giant has been working on audio for years as it prepares to launch its Clubhouse rival. Earlier this week, Facebook CEO Mark Zuckerberg said his company is building a product where users […]
Using a cleanup checklist for successful QBO cleanups
QuickBooks cleanup projects can easily become overwhelming and time-consuming, especially if you’re not sure where to start. That’s why I always recommend using a cleanup checklist for successful QBO cleanups. It will help you stay on track, make sure nothing is missed, and give you confidence in the end result. Watch the video below or […]
North American chip firm Alphawave opts for London over New York in upcoming IPO
Semiconductor stocks are among Barclays inflation hedge picks. Sefa Ozel | E+ | Getty Images LONDON – Canadian chip firm Alphawave is set to list on the London Stock Exchange, shunning New York’s tech-focused Nasdaq stock market in the process. The four-year-old company, which makes chip technology that can help data flow through networks faster, […]
Stocks making the biggest moves in the premarket: Welbilt, Netflix, Intuitive Surgical & more
Take a look at some of the biggest movers in the premarket: Verizon (VZ) – Verizon reported quarterly earnings of $1.31 per share, 2 cents a share above estimates. Revenue also beat analysts’ forecasts. Verizon lost more wireless subscribers during the quarter than analysts had been anticipating. Welbilt (WBT) – Welbilt shares surged 14.8% in […]
Stocks making the biggest moves in the premarket: Kansas City Southern, AutoNation, IBM & more
Take a look at some of the biggest movers in the premarket: Kansas City Southern (KSU) – Shares of the rail operator surged 18.9% in premarket trading, after Canadian National Railway (CNI) offered $325 per share in cash and stock for the company, topping a prior $275 per share offer from Canadian Pacific (CP). The […]