Recent stock strength may be nothing more than a bear-market rally fueled by ‘wishful thinking’ and excess liquidity, says a Morgan Stanley investment chief

Lisa Shalett, the CIO of wealth management at Morgan Stanley, said in a note last week that stock investors have been too optimistic. She argued that recent strength in stocks may be a bear-market rally driven by “wishful thinking” and excess liquidity. Shalett laid out three risks, including Fed policy tightening, higher rates, and macroeconomic… Continue reading Recent stock strength may be nothing more than a bear-market rally fueled by ‘wishful thinking’ and excess liquidity, says a Morgan Stanley investment chief

Tax Filing Tips for Hair Salons, Barbers, and Hairdressers

Figure Out Your Employment Status EarlyIf you own a barbershop or hair salon — or if you cut and color hair as an independent contractor — you may be wondering how hair salon taxes work. Did you know there may be certain business deductions and credits you can claim? Get every dollar you deserve with… Continue reading Tax Filing Tips for Hair Salons, Barbers, and Hairdressers

Can’t File by the Deadline? Top 3 Reasons to File a Tax Extension

For information on the third coronavirus relief package, please visit our “American Rescue Plan: What Does it Mean for You and a Third Stimulus Check” blog post. Since 1955, “Tax Day” in the United States has been April 15, or the next business day if it falls on a weekend or holiday. Despite the fact… Continue reading Can’t File by the Deadline? Top 3 Reasons to File a Tax Extension

5 Last-Minute Tax Deductions and Credits

The IRS has already processed 22 million tax refunds totaling more than $78 billion.  If you’re among the tax filers still scrambling to get your documents in order, be sure to watch the video above. Lisa Greene-Lewis, CPA and TurboTax expert reviews some of the biggest tax deductions that people often forget. Video Transcript:Tracy Byrnes: All… Continue reading 5 Last-Minute Tax Deductions and Credits

Beginner’s Tax Guide for the Self-Employed

Many people have dreams of being self-employed, but you’re different: You actually have a shot at it. You have the start-up capital and a solid business plan that will help make your dream a reality. Get every dollar you deserve with unlimited tax advice from experts who know self-employment taxes inside and out. Whether you’re… Continue reading Beginner’s Tax Guide for the Self-Employed

2022 Tax Tips: A Guide to 401k and IRA Early Withdrawal

Life happens and sometimes we need to dip into our retirement accounts. But is it a good idea and are there tax implications?  TheStreet sat down with Lisa Greene-Lewis, CPA and TurboTax expert to explain the tax implications if you need money and dip into your IRA, 401k, or other retirement accounts. Our TurboTax Live… Continue reading 2022 Tax Tips: A Guide to 401k and IRA Early Withdrawal

Bank of Canada expected to be first in G7 to hike interest rate by 0.5%

The challenge will be to bring inflation back under control without triggering a downturn Author of the article: Bloomberg News Erik Hertzberg Publishing date: Apr 12, 2022  •  2 days ago  •  4 minute read  •  45 Comments Bank of Canada Governor Tiff Macklem Photo by Adrian Wyld/Canadian Press/Bloomberg The Bank of Canada is poised to… Continue reading Bank of Canada expected to be first in G7 to hike interest rate by 0.5%

Eric Nuttall: There’s no time to waste — the world needs Canadian energy now

Unless meaningful action is taken on the energy supply crisis, the result will be energy poverty and all-time high oil prices Publishing date: Apr 12, 2022  •  3 days ago  •  4 minute read  •  181 Comments Pieces of the Trans Mountain Pipeline project sit in a storage lot outside of Hope, British Columbia. Photo by… Continue reading Eric Nuttall: There’s no time to waste — the world needs Canadian energy now