Baltimore City plans buyout of 454 home liens, eliminating them from tax sale process
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Capital gains tax generally applies when you sell an investment or asset for more than what you paid for it. In other words, any profits resulting from the sale are considered taxable in the eyes of the Internal Revenue Service. … Continue reading → The post Short-Term Capital Gains Tax Rate for 2021 appeared first on SmartAsset Blog.
If your estate is big enough, you should know how generation-skipping transfer taxes work, and how to avoid paying more than you must.
- Motley Fool
Whereas the benchmark S&P 500 has gained 273% over the trailing 10-year period, we've watched Bitcoin approach a nearly 8,000,000,000% gain in a little over 11 years. The Shiba Inu dog breed has inspired a handful of popular cryptocurrencies. Although Bitcoin continues to generate buzz, especially with the first Bitcoin futures-based exchange-traded fund making its debut this week, it's Shiba Inu (CRYPTO: SHIB) that's been turning heads with its gains.
- Business Insider
Binance CEO Changpeng Zhao tweeted: "Expect very high volatility in #crypto over the next few months."
Trump's new social media company shot up in value, but at least one investor says it's not about the money.
Currently, everyone has a lifetime exemption of $11.7 million that they can gift tax-free. Here’s one of my favorite strategies: Everyone can give up to $15,000 tax-free to anyone under the current (2021) annual gift tax exclusion. This means that a married couple can give their kids, grandkids, and any other individual $30,000 a year ($15,000 per person) completely tax-free.
- FX Empire
Crude oil markets have fallen rather hard during the trading session on Thursday, as we await yet another official release of information.
Shares of AT&T Inc (NYSE: T) are trading slightly higher—although volatile— following better-than-expected third-quarter financial results. What Happened: AT&T reported quarterly adjusted earnings of 87 cents per share, which beat the estimate of 78 cents per share. The company reported quarterly revenue of $39.92 billion, which beat the estimate of $39.14 billion. Related Link: AT&T Shares Gain After Q3 Earnings, HBO Strength, Robust Full Year Outlook Cramer's Take: 'I'm willing to say this is
Inflation worries seem to be at the forefront of investors’ concerns right now. However, Mark Smith, senior vice president and portfolio manager at Wells Fargo Advisors, has a solution to put investors at ease: “One of the best ways to combat inflation is through buying equities.” The reopening is “on strong,” people have more money than they ever had, and the banks have kicked off the latest earnings season in style - all are reasons to be “extremely bullish," according to Smith. With this in m
- Motley Fool
It has now been three full years since Canada legalized the recreational marijuana market on Oct. 17, 2018. In the early stages, marijuana producers in the country were generating strong growth numbers due to the new segment of the market opening up (previously, only medical marijuana had been legal). When cannabis producer Hexo reported its third-quarter earnings (for the period ending April 30) in June, its revenue of 22.7 million Canadian dollars was down 31% from the second quarter, in which sales were CA$32.9 million.
- American City Business Journals
Investors sent Intel stock further into the red as company executives outlined aggressive spending plans on a conference call with analysts. Intel stock (Nasdaq: INTC) was down at times more than 9% despite a mixed third quarter financial performance that saw the company beat expectations on earnings per share. The major sticking point appeared to be around a dip in gross margins that CEO Pat Gelsinger said would be down for two to three years while the company spends to get back to a leading edge product position.
- Business Insider
Mark Cuban compares the crypto boom to the dot-com bubble, defends Robinhood, and calls for stablecoin regulation in a new interview. Here are the 10 best quotes.
The "Shark Tank" star and billionaire owner of the Dallas Mavericks celebrated how crypto has encouraged millions of young people to invest.
The pandemic put only a temporary damper on the housing market, as the market has rebounded robustly, hotter than ever. The median home price in August 2021 was $356,700, up 14.9% from August 2020,...
Watchdog says ‘substantial reason to believe’ that congressman’s wife used insider info in stock trade
A congressional ethics watchdog has concluded there is “substantial reason to believe” that the wife of Pennsylvania Rep. Mike Kelly used nonpublic information gained through her husband's position in Congress to purchase stock last year, a likely violation of federal law and House rules.
(Bloomberg) -- China’s top financial regulator said he expects to achieve significant progress in the ongoing crackdown on fintech firms before the year-end, reinforcing speculation that Beijing’s campaign to rein in its tech giants may be receding. Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyCities' Answer to Sprawl? Go Wild.Forget Palm Springs—Santa Fe Is the New Mecca for Modern Ar
Baby boomers have been in the midst of a retirement boom for more than a decade, but the pandemic has accelerated it, adding new hazards.
- Yahoo Finance
Tesla has just put up a few impressive stats, Wall Street analysts say.
(Bloomberg) -- Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyCities' Answer to Sprawl? Go Wild.Forget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureOne of California’s Wealthiest Counties Could Run Out of Water Next SummerConsumers around the world are about to get socked with even higher prices on everyday items, companies from food giant Unilever Plc to lubricant maker
- FX Empire
A break below Sunday’s $59016 low is needed to confirm wave-ii to ideally $53K.
A Twitter post late last week from U.S. Secretary of Education Miguel Cardona has raised the hopes of thousands of teachers, nurses and other public servants that their federal student loan debts...