The leader of a trade group that represents most major automakers called on the federal government to eliminate its gasoline tax and replace it with a…
Tech giant Meta is planning to move forward with laying off about 200 employees in the San Francisco Bay Area. The company’s layoffs will affect 124 employees from its site in Burlingame, California, along with…
The parent company of luxury retailer Saks announced on Thursday that it entered into a restructuring agreement with its capital partners who committed to provide $500 million in financing when the company emerges from bankruptcy. Saks Global Enterprises filed for Chapter 11 bankruptcy protection in January after it missed a…
Most physicians spend their 20s and early 30s in medical school and residency, which means their highest earning years tend to start later than those of other professionals. By the time doctors reach attending-level salaries, many are carrying significant student debt while also needing to make up ground on retirement…
Dentists tend to face a distinct set of tax considerations. Most earn high incomes, own practices that generate business deductions, and regularly purchase equipment — all of which can significantly affect their tax liability. Dental practices are also classified as specified service trades or businesses (SSTBs) under federal tax rules,…
Amazon will impose new fees later this month on third-party sellers as rising oil prices tied to the ongoing war with Iran ripple through the U.S. economy, a shift that could ultimately push costs onto consumers. The company said it will begin charging a 3.5% “fuel and logistics-related surcharge” on…
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If you received a big tax refund this year, it might feel like a bonus. But it usually means you paid more in taxes throughout the year than necessary. Instead of waiting to get that…
