UK tax change leads to higher costs but much-needed reassurance for businesses – The Wall Street Journal | Vette Leader

British CFOs finally know what’s coming: higher taxes. Faced with a weaker currency, rising funding costs and rising inflation, CFOs’ already strained budget plans were turned on their head earlier in the autumn after the country’s government announced sharp, debt-financed tax cuts, only to withdraw them after the pound hit 37.00 had fallen. Low for … Read more

Celsius customers with collateral stuck on failed crypto platform turn to bankruptcy case for relief – CNBC | Vette Leader

Alan Knitowski has an MBA, has been in technology and finance for over 25 years and is the CEO of a Nasdaq-listed mobile software company. That didn’t stop him from being duped by a crypto firm. Knitowski borrowed $375,000 from crypto lender Celsius over several years and posted $1.5 million Bitcoin as a pledge. He … Read more

Celsius customers with collateral stuck on failed crypto platform turn to bankruptcy case for relief – CNBC | Vette Leader

Alan Knitowski has an MBA, has been in technology and finance for over 25 years and is the CEO of a Nasdaq-listed mobile software company. That didn’t stop him from being duped by a crypto firm. Knitowski borrowed $375,000 from crypto lender Celsius over several years and posted $1.5 million Bitcoin as a pledge. He … Read more

Dear helmsman: ‘I have accumulated a lot of garbage.’ I plan to make $6,000 selling stuff on eBay. Can I put it into an IRA instead of paying income tax? – Market observation | Vette Leader

I am retired with social security and a state pension. In the last 30 years I have accumulated a lot of “junk” from eBay EBAY, +0.09%. Now I’m also trying to clear out my house and sell it at cost or for a small profit. Now that eBay is sending out 1099 I believe I … Read more

Dear helmsman: ‘I have accumulated a lot of garbage.’ I plan to make $6000 selling stuff on eBay. Can I put it into an IRA instead of paying income tax? – Market observation | Vette Leader

I am retired with social security and a state pension. In the last 30 years I have accumulated a lot of “junk” from eBay EBAY, +0.09%. Now I’m also trying to clear out my house and sell it at cost or for a small profit. Now that eBay is sending out 1099 I believe I … Read more

If Biden’s student loan plan fails, these new jobs could help pay off debt – CNBC | Vette Leader

The Biden student debt relief plan remains in legal limbo, but some borrowers have one saving grace: their employer. Businesses have stepped up in recent years to help student loan borrowers shed the debt yoke. They do this in a variety of ways, including direct support or through relief tied to employee pension plans. There … Read more

If Biden’s student loan plan fails, these labor benefits can help pay off student debt – CNBC | Vette Leader

The Biden student debt relief plan remains in legal limbo, but some borrowers have one saving grace: their employer. Businesses have stepped up in recent years to help student loan borrowers shed the debt yoke. They do this in a variety of ways, including direct support or through relief tied to employee pension plans. There … Read more

FASB seeks renewed US corporate tax disclosure – The Wall Street Journal | Vette Leader

The Financial Accounting Standards Board said on Wednesday it wanted companies to provide more information about their income taxes, the group’s latest attempt to give the public more details about the companies they invest in. Public companies are required to disclose at least annually the amount of cash taxes they pay. You must also report … Read more

How to avoid making mistakes with required minimum payouts from your retirement accounts – CNBC | Vette Leader

Kemal Yildirim | E+ | Getty Images You have about a month to make sure you’re getting it right when it comes to mandatory retirement account withdrawals. Minimum Required Distributions, or RMDs as they’re known, are annual amounts that must be withdrawn beginning in the year you reach age 72 – starting at age 70 … Read more

How to avoid making mistakes with required minimum payouts from your retirement accounts – CNBC | Vette Leader

Kemal Yildirim | E+ | Getty Images You have about a month to make sure you’re getting it right when it comes to mandatory retirement account withdrawals. Minimum Required Distributions, or RMDs as they’re known, are annual amounts that must be withdrawn beginning in the year you reach age 72 – starting at age 70 … Read more