Daniel Day-Lewis makes Oscar history with his third best-actor award; Jennifer Lawrence trips up the stairs as she collects her best-actress prize; 'Identity Thief' moves back to number one at the US Box Office. (Feb. 25)
To Americans, who still get excited for pumpkin spice season, the beverage Starbucks tested in China recently sounds over the top. The reason: Its core customers in America can no longer be counted on to keep buying so it has to dominate China. Starbucks has been a juggernaut, expanding from 165 stores when it went public in 1992 to a company worth nearly $150 billion at its peak.
Bill Gates, the co-founder of Microsoft Corp. and a renowned philanthropist, has been slipping down the ranks of the world’s billionaires. Despite boasting a net worth of nearly $128 billion, Gates is at No. 9 on the Forbes Billionaire Index, a significant drop from his previous position at No. 7 a month ago. This marks his lowest ranking since 1990 when he ranked 16th. Gates has been recognized not only for his immense wealth but also for his environmental advocacy, which makes his ownership of
The unknowns around the corner shouldn't deter investors since the last several years show how difficult the market timing game is. Investors who want to stay constantly exposed to stocks might consider buying these strong tech stocks in May.
The IRS said Thursday that it has taken steps to address a wide disparity in audit rates between Black taxpayers and others filers, and is more closely examining the returns of larger numbers of wealthy people and major companies. “We are overhauling compliance efforts to advance our commitment to fair, equitable, and effective tax administration and hold ourselves accountable to taxpayers we serve," according to an annual update from the agency. A study from January 2023 involving university researchers and the Treasury Department found that IRS data-driven algorithms selected Black taxpayers for auditing at up to 4.7 times the rate of non-Black taxpayers.
Converting a traditional IRA to a Roth IRA can help you minimize taxes in retirement. But executing the conversion strategically is key to maximizing the benefits. A recent Schwab retirement planning report recommends three tactics to reduce your Roth conversion tax bill: max out your current bracket, spread conversions over multiple years and start planning […] The post Make the Most of a Roth Conversion With These Strategies from Schwab appeared first on SmartReads by SmartAsset.