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U.S., Taiwan officials discuss trade, plan meeting 'in coming weeks'-USTR
  + stars: | 2021-06-10 | by ( ) sentiment -0.98   time to read: +2 min
U.S. Trade Representative Katherine Tai testifies before the Senate Finance Committee on Capitol Hill in Washington, U.S., May 12, 2021. Susan Walsh/Pool via REUTERS/File PhotoUnited States Trade Representative Katherine Tai discussed trade and investment issues with Taiwan minister John Deng on Thursday and agreed to convene a meeting of the countries' Trade And Investment Framework Agreement Council "in coming weeks", Tai's office said in a statement. "Ambassador Tai emphasized the importance of the U.S.-Taiwan trade and investment relationship and explained the Biden-Harris administration's worker-centered trade priorities," USTR said. Taiwan has long angled for a free trade deal with the United States, but trade and investment talks between the two have been stalled since the Obama administration. The outcome could affect trade talks with Washington.
Persons: Katherine Tai, Susan Walsh, John Deng, Tai, Harris, USTR, Antony Blinken, Biden, Obama, Barack Obama, Donald Trump's, Robert Lighthizer Organizations: Trade, Senate, Capitol, United States Trade, U.S ., Biden, Reuters, American Institute, Cultural, World Trade Organization, New Zealand, Washington, Thomson Locations: Washington , U.S, Taiwan, U.S, Washington, Beijing, United States, Taipei, China, Singapore, New
Central News Agency/Pool via REUTERSChina's Defence Ministry on Tuesday denounced a brief weekend visit by three U.S. senators to Chinese-claimed Taiwan on a U.S. military aircraft as a "vile political provocation" that was irresponsible and dangerous. "The U.S. senators visited Taiwan by military plane, using the Taiwan issue to engage in a 'political show', challenging the one-China principle and trying to achieve the so-called goal of 'using Taiwan to control China'", it said. "This was an extremely vile political provocation". The United States must immediately stop any kind of official exchanges or military relations with Taiwan, it added. "If anyone dares to separate Taiwan from China, the Chinese People's Liberation Army will resolutely fight head-on at all costs and resolutely defend the country's unity and territorial integrity".
Persons: Tammy Duckworth, Dan Sullivan, Chris Coons, Joseph Wu, Brent Christensen, Christopher Coons, Tsai Ing, Tsai Organizations: Taiwan Foreign, American Institute, U.S . Air Force, Taipei Songshan, Central News Agency, REUTERS China's Defence Ministry, U.S, China's Defence Ministry, People's Liberation Army, Thomson Locations: Taiwan, Taipei, Taipei Songshan Airport, China, Beijing, United States, Republic of China, U.S, Taiwan Strait
U.S. boosts Taiwan's COVID-19 fight with 750,000 vaccine doses
  + stars: | 2021-06-05 | by ( Ben Blanchard | ) + 0.00   time to read: +3 min
Central News Agency/Pool via REUTERSThe United States will donate 750,000 COVID-19 vaccine doses to Taiwan as part of the country's plan to share shots globally, U.S. Senator Tammy Duckworth said on Sunday, offering a much-needed boost to the island's fight against the pandemic. Taiwan is dealing with a spike in domestic cases but has been affected like many places by global vaccines shortages. She did not give details of which vaccines Taiwan would get or when. Standing by Duckworth's side, Taiwan Foreign Minister Joseph Wu thanked the United States for the donation.
Persons: Tammy Duckworth, Dan Sullivan, Chris Coons, Joseph Wu, Brent Christensen, Christopher Coons, Duckworth, Tsai Ing, Tsai Organizations: Taiwan Foreign, American Institute, U.S . Air Force, Taipei Songshan, Central News Agency, United, Taiwan, U.S, AstraZeneca PLC's, Thomson Locations: Taiwan, Taipei, Taipei Songshan Airport, U.S, Songshan, United States, South Korea, China, Beijing, Japan
Central News Agency/Pool via REUTERSThe United States will donate 750,000 COVID-19 vaccine doses to Taiwan as part of the country's plan to share shots globally, U.S. Taiwan is dealing with a spike in domestic cases but has been affected like many places by global vaccines shortages. She did not give details of which vaccines Taiwan would get or when. Taiwan Health Minister Chen Shih-chung told reporters he was hoping to find out soon which firm's shots they would get. Standing by Duckworth's side, Taiwan Foreign Minister Joseph Wu thanked the United States for the donation.
Persons: Tammy Duckworth, Dan Sullivan, Chris Coons, Joseph Wu, Brent Christensen, Christopher Coons, Duckworth, Chen Shih, Tsai Ing, Tsai Organizations: Taiwan Foreign, American Institute, U.S . Air Force, Taipei Songshan, Central News Agency, United, Taiwan Health, Taiwan, U.S, AstraZeneca PLC's, Thomson Locations: Taiwan, Taipei, Taipei Songshan Airport, U.S, Songshan, United States, South Korea, China, Beijing, Japan
Three U.S. senators to visit Taiwan, trip likely to irritate China
  + stars: | 2021-06-05 | by ( ) + 0.74   time to read: +1 min
Senator Dan Sullivan (R-AK) speaks during a Senate Armed Services hearing on Capitol Hill in Washington, DC, U.S. May 7, 2020. Al Drago/Pool via REUTERSThree U.S. senators will visit Taiwan on Sunday and will meet President Tsai Ing-wen to discuss security and other issues, Taiwan's government and the de facto U.S. embassy in Taipei said on Saturday, a trip that will likely irritate China. Taiwan has also complained about China trying to block the island from accessing vaccines internationally, which Beijing has denied. In recent months China has increased pressure on democratically-ruled Taiwan as it tries to assert its sovereignty, including regularly flying military aircraft into Taiwan's air defence zone. China routinely denounces visits of foreign officials to Taiwan, calling them an interference in the country's internal affairs.
Persons: Dan Sullivan, Al Drago, Tsai Ing, Tammy Duckworth, Christopher Coons, Tsai Organizations: Armed Services, Capitol, REUTERS, U.S, Taiwan, Senate Armed Services Committee, Senate Foreign Relations, American Institute, Thomson Locations: Washington , DC, Taipei, China, United States, Taiwan, Taipei's, Songshan, COVID, Beijing
Tips for Teenagers on Landing a Summer Job
  + stars: | 2021-06-04 | by ( Ann Carrns | ) + 0.83   time to read: +2 min
Teenagers should keep in mind that they may be competing against more experienced people for job openings, as unemployed adults are also looking for work, Mr. It’s also smart to do some basic online research about the company you’re applying to, Ms. Konkel of Indeed said. Be aware that many shops and restaurants need to hire urgently right now. Dress like you’re looking for a job, and have something to say about why you want to work there and what you can offer. Go get it.”Do teenagers have taxes deducted from their paychecks?
Persons: Challenger, Konkel, Laura Francis, , , Ms, Francis, pesky, Rhonda Collins, Cari Weston Organizations: Social Security, National Association of Tax Professionals, American Institute of Certified Public Accountants Locations: Oakland, Calif
Can this U.S. city heal racial wounds by busting up its freeway?
  + stars: | 2021-05-25 | by ( Andy Sullivan | ) + 0.00   time to read: +10 min
Now, New York State wants to replace that elevated stretch of freeway with a street-level boulevard to knit the city's urban grid back together. The plan has stirred visions of renewal in a city where one in three residents lives in poverty. But some residents and public officials say it must provide more safeguards, such as community control over newly cleared land, to ensure that Black residents won't get displaced yet again. Nestled in rolling farmland about 200 miles (322 km) northwest of New York City, the city has lost one-third of its population since its mid-20th Century heyday, when its factories churned out televisions, air conditioners, even automobiles. On a rainy afternoon in April, Rufus and fellow NYCLU staffer Lanessa Owens-Chaplin walked alongside the elevated Interstate 81 freeway in Ward 15.
Persons: Lanessa Owens, Chaplin, David Rufus, Zoe Davis, Joe Biden, Biden, It's, Ben Walsh, Charles Pierce, Ward, Pierce, El, Dwight, Joseph DiMento, DiMento, 15th, Rufus, Rust, Mayor Walsh, Owens, Dancil, Glenn Blain, NYSDOT, it's, Ryan McMahon, decision's, We're Organizations: New, New York Civil Liberties Union, REUTERS, , New York State, Southside, Civil Liberties Union, Syracuse, Owners Loan Corporation, University of California, New York State Department of Transportation, 15th Ward, Embarcadero, WHO, Urban, Force, American Institute of Architects, Washington , D.C, Republican, Thomson Locations: New York, Syracuse , New York, U.S, Syracuse, Southside, , New York, Washington . U.S, New York City, Irvine, Black, San Francisco, Rochester , New York, Ward, White, Washington ,, Denver, Onondoga, Walsh, Oakland , California, Berkeley, Pierce
In March, Congress approved new $1,400 stimulus checks through the American Rescue Plan Act. Those third stimulus payments add to the $1,200 and $600 payments that were approved last year. Most people should receive their $1,400 stimulus checks and "plus-up" payments, if they're eligible, automatically, according to Erica York, economist at the Tax Foundation. In the beginning of this year, for example, there were still an estimated 8 million outstanding stimulus checks from the CARES Act that was passed in March 2020, she said. What's more, you will not owe the IRS a late filing penalty if you are due money back.
Persons: Charles Rettig, Erica York, York, it's, Susan Allen Organizations: American, Capitol, Tax Foundation, IRS, American Institute of CPAs
Aging in Place Comfortably and Stylishly
  + stars: | 2021-05-21 | by ( Christina Poletto | ) + 0.00   time to read: +2 min
To address the needs of this rapidly growing population, AARP encourages its members to carefully consider ways to make their homes places where they can comfortably and safely age in place. Bigger changes can include enlarged doorways to allow for wheelchair access or a walker and adding ramps to eliminate stairs. Dr. Rodney Harrell, the vice president for Family, Home and Community at AARP, says intentional planning to create an ideal space to age in place can be started at any time. It is an extension of the organization’s extensive HomeFit Guide, which is available online. This designation was developed in 2002 by the National Association of Home Builders in collaboration with AARP and other experts.
Persons: Rodney Harrell, we’re, , Harrell, Ted Porter Organizations: U.S . Census, AARP, Family, Community, National Association of Home Builders, Aging, New, American Institute of Architects Locations: U.S,, New York City
Famed German architect Helmut Jahn died Saturday after being struck by two vehicles while riding his bike. He's also responsible for the famous colorful walkway in the United Airlines terminal of Chicago’s O’Hare International Airport. Chicago Mayor Lori Lightfoot was among the chorus of voices that offered their condolences to Jahn’s family. He moved to Chicago in 1966 to study under legendary architect Ludwig Mies van der Rohe, a creator of modernist architecture, at the Illinois Institute of Technology. Jahn taught at the University of Illinois Chicago, Harvard University, Yale University and the Illinois Institute of Technology.
Persons: Helmut Jahn, Jahn, Cindy, James R, He's, Lori Lightfoot, “ Jahn, , Helmet Jahn, , Ludwig Mies van der, Murphy, Chicago’s, J Edgar Hoover Organizations: Police, Thompson, United Airlines, Chicago, Twitter, AIA, American Institute of Architects Illinois, Technische Hochschule, Illinois Institute of Technology, CF Murphy Associates, Washington D.C, J Edgar Hoover Building, FBI, Sony Center, Suvarnabhumi, University of Illinois, Harvard University, Yale University Locations: Campton Hills, Chicago, Germany, Munich, U.S, Berlin, Bangkok, Thailand, University of Illinois Chicago
Fraudsters stole almost $44,000 just before the 2020 election from the Republican National Committee — the latest in a string of thefts from prominent federal political operations. Read more: Thieves stole at least $2.7 million from federal political committees during the 2020 election cycle. More recently, thieves took more than $8,000 from former Rep. Tulsi Gabbard's old Democratic presidential campaign committee and used them to book Airbnb properties. Read more: Google's political committee quits its effort to recoup stolen moneyArchiPAC, the political action committee of the American Institute of Architects, in February reported more than $23,000 in "unauthorized disbursements" from its account. The FEC advises political committees that experience a "misappropriation" to immediately contact law enforcement.
Persons: Fraudsters, Ronald C, Kaufman, Emma Vaughn, AMEX, Vaughn, Erin Chlopak, Read, ProPublica, Richard Walters, Joe Biden's, Susan Walsh, , Tulsi Gabbard's, ArchiPAC, Matt Tinder, Tinder Organizations: RNC, Republican National Committee, Federal, Commission, RNC American Express, EZ, MidWest, Service, Tea, Red, Nordstrom, AP, Republican Party of Wisconsin, Democratic, American Institute of Architects, FEC Locations: Pennsylvania, Kansas, MidWest, Fairfax , Virginia
You may have to pay back some of the new $3,000 child tax credit
  + stars: | 2021-04-21 | by ( Greg Iacurci | ) + 0.00   time to read: +4 min
Jamie Grill | Getty ImagesTax returnsConstantine Johnny | Moment | Getty ImagesThe IRS is using 2020 tax returns (or, if unavailable, 2019 returns) to determine taxpayers' eligibility for the child tax credit and the amount of the advance payments. The advance payments add up to half of a taxpayer's total credit for 2021. The American Rescue Plan raised the maximum credit amount to $3,000 per kid ages 6 to 17, and $3,600 for younger children. Information reported on next year's tax return may differ from current IRS data — and therefore change the total credit amount. The portal must also allow taxpayers to opt out of receiving advance payments of the tax credit.
Persons: Jamie Grill, Constantine Johnny, Joe Biden, Walker, Charles Rettig, Rettig, Timothy Fadek, Nina Olson, Olson, MoMo Organizations: Getty, American, Plan, Treasury Department, American Institute of Certified Public, IRS, Bloomberg, Center for Taxpayer Rights, Congressional Research Service Locations: East Harlem, New York
With the end of tax-filing season swiftly approaching, people who worked in multiple states last year due to Covid may be wondering — where do I owe taxes? Between March 2020 and October 2020, nearly 9 million Americans relocated, according to research from the National Association of Realtors. "You have a general rule the taxpayer owes taxes where they live — their domicile state as it's called — and where they work," said Steber. Remote work throws a wrench in taxesThis year, because so many people relocated and worked remotely due to the pandemic, things might be extra complicated. Because of the pandemic, many states have issued new rules about "nexus" — a term describing a tax relationship between two entities — and remote work.
Persons: Mark Steber, Deepak Chopra, Lisa Greene, Lewis, telecommuting Organizations: National Association of Realtors, American Institute of CPAs, Jackson, Tax Services Locations: Invest
The legal quagmire that has kept the Ever Given anchored in the Suez Canal is tying down thousands of containers holding cargo whose owners now face new payments and complications to get their long-delayed shipments. The parties are awaiting findings of an investigation by the Suez Canal Authority on the cause of the accident. The cargo owners are likely to be among the first to pay as they seek to get their containers moving as legal questions are resolved. Earlier The 1,300-foot container ship that blocked the Suez Canal for six days has been freed and has begun to move north, the Suez Canal Authority said. The rules are part of generally accepted maritime insurance principles and have been regularly amended through international maritime organizations, most recently in 2016.
Persons: quagmire, Japan’s, WSJ’s Rory Jones, Allen Marks, Campbell Johnston Clark, , ” Mr, Marks, , John Miklus, Moller, Inc ., — Jennifer Smith, Costas Paris Organizations: Kaisha, Authority, Suez Canal Authority, Zuma Press, Evergreen Marine Corp, American Institute of Marine Underwriters, Maersk, Cargo, Inc, Locations: Suez, Europe, Egypt, Byzantine, York, Antwerp, Taiwan, Asia, London, American Institute of Marine Underwriters Danish
Ron DeSantis and a panel of scientists apparently trading in Covid-19 misinformation has been pulled from YouTube. The video of DeSantis’ roundtable discussion last month at the state Capitol in Tallahassee was removed on Wednesday because it violated the social media platform’s standards, YouTube spokesperson Elena Hernandez said. “YouTube has clear policies around Covid-19 medical misinformation to support the health and safety of our users,” Hernandez said in a statement. "Good public health policy should include a variety of scientific and technical expertise, and YouTube’s decision to remove this video suppresses productive dialogue of these complex issues." It also has the tenth highest Covid-19 infection rate in the country, according to Becker’s Hospital Review.
Persons: Ron DeSantis, Elena Hernandez, ” Hernandez, DeSantis's, Cody McCloud, McCloud, Dr, Jay Bhattacharya, Jeffrey A, Tucker, Bhattacharya, DeSantis, Scott Atlas, Sunetra Gupta, Martin Kulldorff, Atlas, Kulldorff, Bhattacharya chimed, lockdowns, Great, Donald Trump’s, Robert Redfield, Trump, there’s Organizations: Florida Gov, YouTube, American Institute for Economic Research, Big Tech, Stanford, Harvard, Stanford University, Trump White House, NBC, for Disease Control, World Health Organization, AIER, Covid, Donald Trump’s CDC, Trump Locations: Covid, Tallahassee, Tampa, Great Barrington , Massachusetts, Oxford, Great Barrington, Florida, Sweden
YouTube removed a video in which Ron DeSantis questions masks for kids. YouTube removed a video in which Florida Governor Ron DeSantis and a group who have opposed measures to stop the spread of COVID-19 questioned whether it's necessary for children children to wear masks. DeSantis in the video asked if it was necessary for kids to wear masks to slow the spread of infections. "There's no scientific rationale or logic to have children wear masks in schools," Atlas said at one point. The World Health Organization says that children under 5 should not have to wear masks.
Persons: Ron DeSantis, coronavirus, Biden, who've, Trump, Scott Atlas, Sunetra Gupta, Dr Martin Kulldorff, Stanford University's, Jay Bhattacharya, DeSantis, Joe Biden, lockdowns Organizations: YouTube, Florida, American Institute for Economic Research, Oxford, World Health Organization, US Centers for Disease Control, Trump, GOP, Biden, CDC Locations: COVID, DeSantis, Barrington, Florida
YouTube’s Assault on Covid Accountability
  + stars: | 2021-04-08 | by ( The Editorial Board | ) sentiment -1.00   time to read: +2 min
To hold elected representatives responsible for decisions they make, Americans need to know what those officials and their advisers are saying. That’s an essential democratic principle, and it’s as true for coronavirus response as any other policy challenge. Last September, YouTube scrubbed a Hoover Institution interview with Scott Atlas, then one of President Trump’s coronavirus advisers. In the hour-and-forty-five minute video, Mr. DeSantis and the four panelists lambaste the U.S. coronavirus response as excessively draconian and ineffective. DeSantis asks one panelist, Harvard biostatistician Martin Kulldorff, whether children need to wear masks, and Mr. Kulldorff says no.
Persons: Scott Atlas, Trump’s, Ron DeSantis, Atlas, DeSantis, lambaste, Harvard biostatistician Martin Kulldorff, Kulldorff, Jay Battacharya, Organizations: YouTube, Hoover, U.S, Florida Gov, American Institute for Economic Research, Harvard, Stanford Locations: Barrington, Tampa Bay, Fla, COVID
Taiwan says will fight to the end if China attacks
  + stars: | 2021-04-07 | by ( Ben Blanchard | Yimou Lee | ) + 0.00   time to read: +2 min
TAIPEI (Reuters) - Taiwan will fight to the end if China attacks, its foreign minister said on Wednesday, adding that the United States saw a danger that this could happen amid mounting Chinese military pressure, including aircraft carrier drills, near the island. Slideshow ( 2 images )Chinese-claimed Taiwan has complained of repeated military activities by Beijing in recent months, with China’s air force making almost daily forays in Taiwan’s air defence identification zone. On Monday, China said an aircraft carrier group was exercising close to the island. “We are willing to defend ourselves without any questions and we will fight the war if we need to fight the war. Taiwan has not said where the Chinese carrier group is currently, or if it will go next to the disputed South China Sea, where a U.S. carrier group is currently operating.
Persons: ” Joseph Wu, Wu, Han Kuang, Liu Yu, Ping, Liu, Chang Che Organizations: Taiwan’s Defence, , American Institute Locations: TAIPEI, Taiwan, China, United States, Beijing, ” Washington, Taipei, U.S
TAIPEI (Reuters) - China sent more fighter jets into Taiwan’s air defence zone on Wednesday in a stepped up show of force around the island Beijing claims as its own, and Taiwan’s foreign minister said it would fight to the end if China attacks. On Monday, China said an aircraft carrier group was exercising close to the island. Taiwan’s air force sent up aircraft to intercept and warn the Chinese away, the ministry added. “We are willing to defend ourselves without any questions and we will fight the war if we need to fight the war. ‘PORCUPINE’ TAIWANNeither Taiwan nor China has said precisely where the Chinese carrier group is, or whether it is heading towards the disputed South China Sea, where a U.S. carrier group is currently operating.
Persons: Joseph Wu, Ann Wang, , John S, McCain, Chang Che, Wu, Liu Yu, Ping, Liu Organizations: REUTERS, Taiwan’s Defence Ministry, Taiwan, Taiwan Affairs Office, U.S . State Department, United, U.S . Navy, Reuters, , American Institute Locations: TAIPEI, China, Beijing, Taiwan, Taipei, Philippines, United States, , Taiwan Strait, TAIWAN, U.S, Japan, Miyako, Japan’s, Ryukyu, Taiwan . Washington
Patrick T. Fallon | AFP | Getty ImagesSmall businesses are realizing they might not have much time to tap the Paycheck Protection Program as they thought. Lawmakers overwhelmingly supported extending the PPP last month, moving the deadline to May 31 from March 31. Those include more funding, letting small businesses get second loans and making the new loan calculation formula retroactive for sole proprietors. In the meantime, businesses that want to take advantage of the program — especially those that haven't gotten any PPP money — should apply as soon as possible. Foster applied for a second PPP loan as soon as she could this year and got about $5,250 in March.
Persons: Tamara Jenkins, Meeka Robinson Davis, Patrick T, Fallon, hadn't, Patrick Kelley, Erik Asgeirsson, it's, Rebecca Shi, that's, Shi, Sam Sidhu, Sidhu, haven't, he's, Sarah Foster, Foster Organizations: AFP, Getty, Social Security, Small Business Administration, Small Business Entrepreneurship, SBA's, SBA,, American Institute of CPAs, Biden Administration, American Business Immigration Coalition, Economic, Bank Locations: Windsor Hills, Los Angeles, Invest, Wyomissing , Pennsylvania, Prescott , Arizona
JGI | Getty Images$10,200 unemployment tax breakThe American Rescue Plan waived federal tax on up to $10,200 of unemployment benefits, per person, received in 2020. That's because the tax break technically excludes benefits from a taxpayer's income, thereby reducing the income on which they pay tax. That income reduction may make them eligible for income-dependent tax breaks like the Earned Income Tax Credit, according to the IRS. Amended tax returnFiling an amended return isn't a requirement — but people may be leaving money on the table if they don't, Grzes said. It's unclear how many taxpayers may have to file an amended tax return to maximize their refund.
Persons: Joe Biden, they'd, Henry Grzes, Grzes Organizations: Rescue, American Institute of Certified Public Accountants, Taxpayers, IRS, Century Foundation
On Tuesday, a group of Democratic senators, led by Sen. Ron Wyden, D-Ore., sent a letter to President Joe Biden calling for additional stimulus checks. It also pointed out than 150 economists have also called for "automatic triggers" for stimulus checks to stabilize the economy. LPETTET | iStock | Getty ImagesEven as those $1,400 stimulus checks land, talk has begun over whether or not there could be a fourth round of direct payments. "I think it's unlikely at this time" a fourth round of stimulus checks will happen, Mills said. BRENDAN SMIALOWSKI | AFP | Getty ImagesEven without more stimulus checks, experts say the money deployed to individuals and families during Covid-19 has amounted to a new experiment with government aid.
Persons: Sen, Ron Wyden, Joe Biden, Farrokhnia, Pete Earle, Ed Mills, Raymond James, Mills, Biden, Goldman Sachs, BRENDAN SMIALOWSKI, Earle, Franklin D Organizations: Progress, Democratic, Finance, iStock, Columbia Business School, American Institute for Economic Research, IRS, Capitol, AFP, Getty, Roosevelt's Locations: U.S, Washington, Ed Mills Washington, Covid
Taiwan, U.S. to strengthen maritime coordination after China law
  + stars: | 2021-03-26 | by ( Reuters Staff | ) + 0.99   time to read: +2 min
The defacto Taiwanese ambassador to the United States, Hsiao Bi-khim, signed the agreement in Washington on Thursday, her office said in a statement. While the United States, like most countries, has no formal diplomatic ties with Taiwan, it is the island’s most important international backer and arms supplier. China passed a law in January that for the first time explicitly allows its coast guard to fire on foreign vessels, causing concern regionally and in Washington. “This unilateral request for the coast guard to use force will cause great tension and pressure on neighbouring countries,” he told reporters. China also has maritime sovereignty disputes with Japan in the East China Sea and with several Southeast Asian countries in the South China Sea.
Persons: Biden, Ed Royce, Su Chia, Tyrone Siu, Joe Biden, Hsiao, Pacific Affairs Sung Kim, , Su Tseng Organizations: Guard, . House Foreign, REUTERS, U.S, Coast Guard Working, State, East Asian, Pacific Affairs, American Institute, East China Locations: TAIPEI, Taiwan, United States, U.S, Taipei, Washington, , China, Washington . China, Japan, East, South China
Depending on your situation, it's possible that you're generating income that the IRS wants to know about. And if you're an ongoing seller, be aware that it could become harder after this year to avoid income-reporting requirements. This means that in early 2023, you could receive a 1099-K for online sales you make in 2022. Regardless of whether you receive a tax form, there are instances when the income you earn from your online sales should be reported to the IRS. A good share of folks on these platforms may not be reporting the income and the IRS isn't getting that information either.
Persons: Cari Weston, Etsy, Garrett Watson, Watson, , Weston Organizations: American Institute of CPAs, Finance, Security, Ebay, PayPal, IRS, EBay, eBay, Social, Tax
U.S. says promoting chip cooperation with Taiwan is a priority
  + stars: | 2021-03-25 | by ( Reuters Staff | ) sentiment -0.71   time to read: +2 min
TAIPEI (Reuters) - The United States and Taiwan are natural partners when it comes to semiconductors and promoting this cooperation is a U.S. priority, the de facto U.S. ambassador in Taiwan said on Thursday. FILE PHOTO: MediaTek chips are seen on a development board at the MediaTek booth during the 2015 Computex exhibition in Taipei, Taiwan, June 3, 2015. REUTERS/Pichi ChuangWashington has increasingly viewed tech-powerhouse and democratically ruled Taiwan as a key part of its strategy to shift global supply chains away from China, especially when it comes to technology and chip companies. Foreign governments and companies have also beseeched Taiwan to help resolve a shortage of auto chips which have idled factories around the world. U.S. companies are not standing still either, and this week Intel Corp announced a $20 billion plan to expand its advanced chip manufacturing capacity.
Persons: Pichi Chuang Washington, Brent Christensen, Biden, Tsai, , Christensen Organizations: U.S, REUTERS, Powerchip Semiconductor Manufacturing Corp, American Institute, U.S ., Taiwan Economic Prosperity, Taiwan Semiconductor Manufacturing Co, chipmaker, Intel Corp Locations: TAIPEI, United States, Taiwan, U.S, Taipei, China, People’s Republic of China
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