Most business owners face a time in their career when they have to communicate in ways or about topics they aren’t comfortable with. Communicating during times of crisis can make business owners uncomfortable and stressful in many ways. Whether you’re communicating with team members about business issues during the pandemic, hoping to negotiate a […]
Sen. Bernie Sanders opposes cutting the income cap for $1,400 stimulus checks
Sen. Bernie Sanders (I-VT) speaks during the confirmation hearing for Secretary of Energy nominee Jennifer Granholm before the Senate Committee on Energy and Natural Resources on Capitol Hill January 27, 2021 in Washington, DC. Pool | Getty Images News | Getty Images Sen. Bernie Sanders said Sunday that he opposes cutting the income threshold for […]
Coronavirus Relief and Your Taxes
When COVID-19 relief for business owners became available in 2020, you were focused on how to apply for and receive aid. Now that the 2021 tax season is getting underway, it is time to change your focus to how the aid changes your tax obligations. Here is a summary of four key federal COVID relief […]
‘Markets are on a vodka-Red Bull’: Behavioral investing analyst on his top 3 concerns about Reddit-fueled trading
The stock market’s Reddit-fueled trading frenzy could lead to undesirable outcomes for even the most successful of retail investors, behavioral finance analyst Dan Egan told CNBC’s “ETF Edge” this week. People seeking connection online during the pandemic and the rise of commission-free trading have given way to a speculative boom that raises concerns about retail […]
Eligible educators may deduct personal protective equipment expenses
News Expenses & Deductions By Sally P. Schreiber, J.D. The IRS provided a safe harbor under which “eligible educators” can deduct unreimbursed expenses for COVID-19 protective items as educator expenses under Sec. 62(a)(2)(D) (Rev. Proc. 2021-15). COVID-19 protective items include, but are not limited to: Face masks; Disinfectant for use against COVID-19; Hand soap; Hand […]
Amazon loses effort to halt Alabama union drive, voting begins next week
Peter Endig | AFP | Getty Images Amazon lost out on its push to postpone a closely watched union vote at its Bessemer, Ala.-based warehouse. Last month, Amazon appealed the National Labor Relations Board’s (NLRB) decision to let roughly 6,000 warehouse workers vote by mail on whether to join the Retail, Wholesale and Department Store […]
Palihapitiya-backed Clover Health shares fall on critical report by short seller Hindenburg Research
Source: Clover Health Shares of Clover Health fell more than 8% on Thursday following a critical report from short seller Hindenburg Research claiming the company is under an active investigation by the Department of Justice that it has not disclosed to investors. CNBC has not independently verified the claims. Clover declined to comment, but said […]
Justice Department drops suit accusing Yale of discriminating against White and Asian applicants, in reversal from Trump era
The Department of Justice on Wednesday dropped a case against Yale University in which it alleged that the Ivy League institution was discriminating against White and Asian applicants in its admissions process. The decision, announced in a filing in federal district court in Connecticut, marks a reversal from the Justice Department’s stance under President Donald […]
Amazon will pay $61.7 million to settle claims it withheld tips from delivery workers
Contractors working for the Amazon Inc. Flex program load packages into vehicles to deliver to customers in San Francisco. David Paul Morris | Bloomberg | Getty Images Amazon will pay $61.7 million to settle allegations by the Federal Trade Commission that it failed to pay Flex delivery drivers the full amount of tips received from […]
Business lesson learned during COVID-19
If you’re like many small business owners you’re probably astounded by how the world has changed in a very short time. While we can all hope that the pandemic is a once-in-a-lifetime scenario, the truth is there is a lot in life and in business that is uncertain, and there is a great deal we […]