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☆ More taxpayers will receive tax forms from apps such as Venmo, PayPal for 2023. Here's how to avoid tax issues
▼ + stars: | 2023-05-23 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +4 min

As a result of the change, more taxpayers are likely to receive Form 1099-K, which reports third-party business payments to the IRS. Some lawmakers are pushing to increase the reporting threshold, so it could change further. However, regardless of the tax reporting threshold, it's important to remember P2P business payments have always been taxable, experts say. Here are some additional tips to consider before the reporting change in January. An accounting system may also make it easier to track business expenses, which may be deducted to reduce taxable income, Guarino said.

Persons: Tommy Lucas, Moisand Fitzgerald Tamayo, Lucas, It's, Jim Guarino, Baker Newman Noyes, Guarino, Adam Markowitz, I've, Markowitz Organizations: Getty, Taxpayers, PayPal, eBay, IRS Locations: Orlando , Florida, Woburn , Massachusetts, Windermere , Florida

☆ Rugby league-'Marvel' coach Bennett hailed ahead of 900th match
▼ + stars: | 2023-05-05 | by ( Ian Ransom | ) www.reuters.com time to read: +3 min

Some 36 years on and seven National Rugby League (NRL) titles later, the 73-year-old supercoach will plot the Sharks' downfall again on Saturday when he coaches the Dolphins in his 900th championship match. Emotions may run high during the game, but the famously taciturn Bennett will likely have his usual poker-face on while looking to engineer victory. Tributes from players, fellow coaches and NRL head office have rained down on the luminary this week. No NRL coach has come close to Bennett's tally of games, with second-placed Tim Sheens, the 72-year-old Wests Tigers manager, yet to crack 700. He wandered into it when asked to mentor a junior side at Queensland's police academy after the team's coach fell ill.

The Paul, Weiss, Rifkind, Wharton & Garrison partner is well-known for representing blue chip clients like Amazon in cases with millions or even billions of dollars on the line. "Widely considered one of the most preeminent litigators of his generation," is how his Paul Weiss bio puts it. Average profits per partner at Paul Weiss last year were $5.73 million, according to The American Lawyer. The case made national headlines, and the ex-judge, Roy Pearson Jr, was subsequently sanctioned by the D.C. Court of Appeals. In a statement filed with the court, Isaacson and McCrocklin's lawyer said the two sides' positions "are both extremely well-known to each other and seemingly very entrenched."

Organizations: & & '

☆ MediaMath seemed destined for a $1B fairy-tale exit. Instead, most early investors got nothing.
▼ + stars: | 2023-03-01 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +19 min

At its Halloween party in 2015, the adtech startup MediaMath seemed on the brink of greatness. The machine-learning revolution that took over the financial industry was finally happening in marketing, and many industry insiders considered MediaMath to be the hottest adtech company of the time. "We never came close to consummating such a deal with MediaMath nor entertained the purported valuation," said a representative for Singtel. The Trade Desk, the most comparable independent DSP company to MediaMath, was riding high after its 2016 initial public offering. The quasi-equity agreement was structured to protect Searchlight if MediaMath didn't perform to certain quotas or if things went south financially.

Read our review Read Our Review A looong arrow, pointing rightThe $0-annual-fee U.S. Bank Altitude® Go Visa® Secured Card is an above-average secured credit card, with high earning rates in extremely common spending categories and a $15 annual statement credit to reimburse streaming purchases. Review: Is the US Bank Altitude Go Secured Credit Card the Best Credit Card for You? Let's take a look at the U.S. Bank Altitude® Go Visa® Secured Card card to see if it's right for your situation. Insider's Featured Secured Credit Cards Discover it® Secured Credit CardCapital One Platinum Secured Credit CardCapital One Quicksilver Secured Cash Rewards Credit Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Read our review Read Our Review A looong arrow, pointing rightFees and CostsThe U.S. Bank Altitude® Go Visa® Secured Card is a $0-annual-fee card.

Review: Is the US Bank Altitude Connect the Best Credit Card for You? How to Earn Rewards From the US Bank Altitude Connect CardThe U.S. Bank Altitude Connect has a straightforward earning structure that awards bonus points in popular spending categories. Read our review Read Our Review A looong arrow, pointing rightFees and CostsThe U.S. Bank Altitude Connect has an annual fee of $0 intro for the first year, then $95. Is the US Bank Altitude Connect card worth it? If you're looking for a metal card from US Bank, consider the U.S. Bank Altitude® Go Visa Signature® Card or U.S. Bank Altitude® Reserve Visa Infinite® Card instead.

Amex OffersThe Amex Blue Cash Preferred comes with access to the Amex Offers** program. As with most other cards, the Amex Blue Cash Preferred charges fees for late payments, returned payments, and cash advances. Here's our comparison of the Blue Cash Preferred and Blue Cash Everyday to help you decide which is best for your wallet. Is the Amex Blue Cash Preferred a credit card or charge card? You can't transfer cash back (Reward Dollars) from the Amex Blue Cash Preferred to other Amex cards like The Platinum Card® from American Express or the American Express® Gold Card.

☆ Companies are too quick to lay off employees in a recession, one entrepreneur says. Instead, they should focus on retaining valuable 'human capital.'
▼ + stars: | 2022-12-13 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +5 min

Instead, he said, business owners should look at other ways to cut costs. This article is part of Talent Insider, a series containing expert advice to help small business owners tackle a range of hiring challenges. He attributed that outcome to the closer relationships business owners have with their employees. But Niddel said it's not enough to ask employees to take a pay cut if the founder isn't doing so as well. For example, Luzio and her chief operating officer took larger pay cuts than the rest of the staff.

☆ Jamie Dimon sounds off on the economy, Fed, and crypto
▼ + stars: | 2022-12-07 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

There are few top executives who draw as much attention and speak as freely as Jamie Dimon, the CEO of JPMorgan. "Inflation is eroding everything…and that $1.5 trillion will run out sometime mid-year next year," Dimon said. Never one to mince words, Dimon then blasted the cryptocurrency sector when asked what he thought of the FTX collapse. Meanwhile, days after the EU's $60 per barrel price cap kicked in, oil prices slumped to levels not seen since before the invasion of Ukraine. There's been much debate about how the measure will alter oil prices moving forward — but PIMCO commodities strategist Greg Sharenow said it's going to come down to three factors.

☆ Luminary's founder offered employees 3 options when her company was in financial ruin. Here's why they all chose to take a pay cut.
▼ + stars: | 2022-12-01 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +6 min

InsiderCate Luzio is the founder and CEO of Luminary, a women's coworking space and professional network. Between March and April, the company lost about 80% of its revenue, Luzio told Insider. During the Zoom meeting in April, the founder told her full-time staff members that she had to make some cuts. Luzio told her team to take time to think, but the workers decided unanimously within minutes: Everyone chose the pay cut and told their boss they weren't going anywhere. Luzio and her team spoke with Insider about the pivotal moment in Luminary's business.

☆ Control of Congress - and Biden's power - on the ballot in U.S. midterms
▼ + stars: | 2022-11-08 | by ( Joseph Ax | ) www.reuters.com time to read: +8 min

Thirty-five Senate seats and all 435 House of Representatives seats are on the ballot. A Republican-controlled House would be able to block bills addressing Democratic priorities such as abortion rights and climate change. A Republican Senate, meanwhile, would hold sway over Biden's judicial nominations, including any Supreme Court vacancy. However, some Democrats in tough races have deliberately distanced themselves from the White House as Biden's popularity languishes. "Democracy is literally on the ballot," Biden said on Sunday at a rally in Yonkers, New York.

☆ Online real-estate investment firm Fundrise is paying way over housing-market value for some build-to-rent communities. Here's why it says it's still a winning strategy.
▼ + stars: | 2022-10-24 | by ( Alex Nicoll | Lisa Kailai Han | James Rodriguez | ) www.businessinsider.com time to read: +14 min

Build-to-rent communities skip the intermediary and go straight to the homebuilder. While typical single-family rental strategies, pioneered by Blackstone in the aftermath of the Great Recession, are inherently tied to the housing market, build-to-rent is not. In the eyes of private equity, there's no difference between build-to-rent communities and apartment blocks. If you value Cypress Bay as an apartment building, instead of a collection of homes, Fundrise got a good deal. Fundrise is still working on deals, Miller said, with a deal pipeline stretching out to 2025.

☆ Amex Blue Cash Preferred card review: A generous welcome bonus offer and 6% back at supermarkets make this cash-back card hard to beat
▼ + stars: | 2022-08-19 | by ( Holly Johnson | Jasmin Baron | Freelance Writer | ) www.businessinsider.com time to read: +34 min

If you prefer to only earn cash back, the Blue Cash Preferred® Card from American Express is a star. Here's our comparison of the Blue Cash Preferred and Blue Cash Everyday to help you decide which is best for your wallet. No, the Blue Cash Preferred® Card from American Express isn't made of metal — it's a plastic card. The Blue Cash Preferred® Card from American Express is a credit card, not a charge card. You can't transfer cash back (Reward Dollars) from the Blue Cash Preferred® Card from American Express to other Amex cards like The Platinum Card® from American Express or the American Express® Gold Card.

☆ These journalists gave Democrats money, federal records say. But the records are wrong.
▼ + stars: | 2020-10-30 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +11 min

Notable journalists from The New York Times, Washington Post, and The Atlantic were surprised to learn from Insider that federal records showed they had made political contributions. Federal records indicate they made political donations. Elizabeth Warren and Bernie Sanders to refund his political contributions. Goldberg is one of several prominent journalists who say federal records incorrectly show they've contributed money to politicians. "This must be a case of mistaken identity," said Chang, whose newsroom generally prohibits staff members from making political contributions.

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