Month: October 2022

Chip Somodevilla | Getty Images News | Getty Images The U.S. Department of Education announced on Monday sweeping new changes to the federal student loan system, including additional consumer protections for borrowers and limits on the amount of interest that can accrue on the debt. “Today is a monumental step forward in the Biden-Harris team’s
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If you buy something through our links, we may earn money from our affiliate partners. Learn more. Finding the best glue gun is a must for your crafting business. The best guns are surprisingly easy and safe to use. You can use them to mend furniture, stick cardboard, paper, and other items quickly. There are
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Dimitri Otis | Stone | Getty Images The U.S. economy grew in the third quarter, reversing a negative trend from the first half of the year — but weakness looms under the surface and households shouldn’t be lulled into a false sense of financial security, economists and financial advisors said. “I think investors should still
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The estimated gross U.S. tax gap increased to $496 billion annually for tax years 2014 through 2016, a rise of over $58 billion from the prior estimate — and the Internal Revenue Service estimates the gross tax gap will rise to $540 billion for 2017-2019.  “The increase in the tax gap estimates reflects that the
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Fg Trade | E+ | Getty Images A key federal program providing benefits to elderly, blind and disabled people — Supplemental Security Income — is turning 50 years old. The program, which currently serves nearly 8 million beneficiaries, was created by legislation signed by President Richard Nixon on Oct. 30, 1972. But even as Supplemental
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Money may not be able to buy love, but it can certainly pique people’s interest, and it can definitely encourage them to stick around — a lesson that both the biggest firms and the top workplaces in the accounting profession have been heeding. It’s becoming well understood across the field that basic salaries need to
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amriphoto Amid the nationwide flurry of tax cuts, two states are voting on whether to enact a “millionaire tax” on top earners in November. In California, Proposition 30 would add a 1.75% levy on annual income of more than $2 million, in addition to the state’s top income tax rate of 13.3%, beginning Jan. 1. 
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Kobus Louw | E+ | Getty Images Company: Vertiv Holdings (VRT) Business: Vertiv designs, manufactures and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments. The company went public through a SPAC merger in the first quarter of 2020 with GS Acquisition Holdings, a SPAC
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The Securities and Exchange Commission adopted rules this week requiring public companies to claw back erroneously awarded incentive-based compensation received by their current or former executives only months after issuing a set of rules on pay versus performance. The final rules on pay versus performance require an issuer to file the policy as an exhibit
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Paypal is one of the leading payment providers and a valuable tool for accepting and receiving money. As a tool, Paypal is incredibly versatile and can be used for both personal and professional reasons. However, the popularity of Paypal also means that scammers tend to use it as an opportunity. To keep your Paypal account
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Brandon Bell | Getty Images It’s no secret that higher prices are taking a bite out of household budgets. They also appear to have made some people change their retirement savings habits: Inflation has caused 54% of adults to either reduce or stop their contributions, according to a new report from Allianz Life. Additionally, 43%
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