Dutch treat; ain’t no Sunshine; the trouble with truffles; and other highlights of recent tax cases. Charleston, South Carolina: Real estate developer James Thomas Bramlette of Salt Lake City has pleaded guilty to wire fraud and tax fraud. In 2011, Bramlette borrowed $17.5 million from a Dutch investor to purchase out of bankruptcy Melrose Resort
OneSpan (OSPN) is a leading cybersecurity enterprise trusted by 60% of the world’s top 100 banks but is currently in that awkward transformation phase to the cloud, catalyzing adverse price action that spells opportunity.
In 2019, revenue from personal income taxes made up 24 percent of total tax revenue across OECD countries. Countries tax labor income in various ways through payroll taxes, personal income taxes, and, in some cases, surtaxes. Between 2018 and 2021, eight European countries in the OECD changed their top personal income tax rates. Of these eight countries, four cut their
In this article SPWR Construction workers install SunPower tiles on homes in San Ramon, Calif. Robert Nickelsberg | Getty Images SunPower said Tuesday that it’s restructuring its operations in a bid to focus exclusively on the fast-growing residential solar market. The company is acquiring residential solar provider Blue Raven, while also looking to sell its
Youth march along Pennsylvania Avenue to the U.S. Capitol Building as part of the Global Climate Strike protests on Sept. 20, 2019 in Washington, D.C. Samuel Corum | Getty Images With the clock ticking, who will solve the problems of climate change and global warming? Most U.S. teens believe that everyone should help. Nearly 70%
The Senate is nearing a deal on a short-term increase in the debt ceiling that would pull the U.S. from the brink of a payment default but threatens to exacerbate year-end clashes over trillions in government spending. After weeks of stalled talks, Democrats appeared to be on the verge of accepting a proposal from Senate
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Boeing’s Starliner capsule sits on to an Atlas V rocket on the launchpad before the launch of the OFT-2 mission. United Launch Alliance NASA moved a pair of astronauts off Boeing’s first two crewed missions to a SpaceX mission next year, in a rare reassignment as the aerospace giant’s Starliner capsule remains delayed in development.
Alexandra Lashner of Bensalem, Pennsylvania, became frustrated after attempting to buy a house this year and decided to postpone homeownership. Source: Alexandra Lashner Alexandra Lashner and her husband were excited to buy their first home earlier this year. They saved up enough for a 20% down payment and had no debt. Yet they still couldn’t
Note: The following is the testimony of Dr. William McBride, Tax Foundation Vice President of Federal Tax and Economic Policy, prepared for a Joint Economic Committee hearing on October 6, 2021, titled, “Building Back Better: Raising Revenue to Invest in Shared Prosperity.” Chairman Beyer, Ranking Member Lee, and members of the Joint Economic Committee, thank you for
CliftonLarsonAllen is teaming up with the National Association of Black Accountants to encourage more diversity, equity and inclusion in the accounting profession. The partnership represents a first of its kind corporate sponsorship for NABA. As part of the effort, CLA is committing to increase workforce diversity, expand its talent pool and improve the representation of
According to the Small Business Administration (SBA), only 21 percent of small businesses are owned by women. On average, a woman-owned firm had $1.3M in and employed eight people. The statistics are even worse as the size of the company gets larger. Only about 5% of CEOs among the 3,000 largest U.S. companies are women.
To shed light on the Spanish tax system, the Tax Foundation and the Foundation for the Advancement of Liberty produced the Spanish Regional Tax Competitiveness Index (RTCI). The Index compares the 19 Spanish regions on five major areas of taxation: individual income tax, wealth tax, inheritance tax, transfer taxes and stamp duties, and other regional
U.S. Bancorp George Frey | Bloomberg | Getty Images The race to cater to institutional investors who want to wager on cryptocurrency is heating up. U.S. Bank, the fifth biggest retail bank in the nation, is expected to announce Tuesday that its cryptocurrency custody service is available to fund managers, CNBC has learned. The offering
Finding the right financial advisor to help with your financial needs and goals can be complicated. There are so many things to consider. Every financial advisor has his or her own area of expertise. The services provided by financial advisors will vary based on the type of advisor, but overall, a financial advisor will assess
The White House is trying to broker a deal to scale back Joe Biden’s ambitious economic agenda, weighing liberal policy priorities against centrist concerns about inflation and tax hikes in a recalibration of strategy for the legislation. The president, meanwhile, is seeking to drum up public support for the plan — and pressure its opponents
In this article SWX Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Carl Icahn on Tuesday announced a sizeable stake in Southwest Gas, and the activist investor is pushing the Las Vegas-based utility company to drop its rumored acquisition of natural gas company Questar Pipeline.
Workers with Patriot Environmental Services mop up oil on the surface of the water at Talbert Marsh in Huntington Beach, CA on Monday, October 4, 2021. Paul Bersebach | MediaNews Group | Getty Images A massive oil spill off the coast of southern California this past weekend has clean-up crews racing to prevent an ecological