The Commodities Futures Trading Commission on Thursday charged Mirror Trading International and the firm’s owner, Cornelius Steynberg, with fraud, claiming the company operated as a fraudulent multi-level marketing scheme that scammed billions from investors. “This action is the largest fraudulent scheme involving Bitcoin charged in any CFTC case,” the commission said in a statement. Investors… Continue reading The CFTC just charged a bitcoin firm with operating the ‘largest ever fraud’ involving the cryptocurrency
How to Get a Small Business Loan and Navigate the Tax Implications
If you’re hoping to understand how to get a small business loan, loans obtained through the federal government’s Small Business Administration (SBA) are a great option. But how can you qualify for these loans and how will they affect your taxes? Get every dollar you deserve with unlimited tax advice from experts who know self-employment… Continue reading How to Get a Small Business Loan and Navigate the Tax Implications
The 50+ Best Deals to Shop this Fourth of July Weekend
This weekend the beaches will be packed with people, the mouthwatering smell of barbecue and hot dogs sizzling will permeate the air, and the laughter of friends and family gathering together to celebrate will go on late into the night. That’s right – the Fourth of July weekend has officially kicked off, and that means… Continue reading The 50+ Best Deals to Shop this Fourth of July Weekend
A Guide to Social Security Tax
Social Security didn’t always exist. The concept was implemented in the Social Security Act of 1935, which provided benefits for the primary worker in a family when they retired at age 65. It set the groundwork for the Social Security payroll tax that started getting collected in 1937 under the Federal Insurance Contributions Act (FICA).… Continue reading A Guide to Social Security Tax
How to Report Vested Benefits on Your Income Taxes
How vesting worksWith vesting, an employee earns benefits over time, rather than receiving them upfront. For example, a company might offer job candidates shares of stock if they accept an offer, but they will receive those shares only if they remain with the company for a certain amount of time—six months, a year, 3 years,… Continue reading How to Report Vested Benefits on Your Income Taxes
All the European Countries Americans Can Travel to Without Covid Testing or Quarantine
Can you travel to Europe without having to quarantine or get tested? The changing requirements are enough to make your head spin. This list, updated June 13, can help. Shutterstock Can you travel to Europe without having to quarantine or get tested? The changing requirements are enough to make your head spin. This list, updated… Continue reading All the European Countries Americans Can Travel to Without Covid Testing or Quarantine
Five money-making strategies investors can use if the economy tips into recession
Peter Hodson: You can still make money, even in a bad recession A crosswalk sign flashes red in Toronto’s financial district. Photo by Cole Burston/Bloomberg In case you hadn’t heard, there is a recession coming. Like in a movie where the demon is just around the corner, investors are scared, not knowing what is coming… Continue reading Five money-making strategies investors can use if the economy tips into recession
FP Answers: What’s the best way to use money left over in a registered education savings plan?
In the end, how you use the money left over in the RESP is up to you There are several options when deciding what to do with leftover RESP money. Photo by Getty Images/iStockphoto By Julie Cazzin with Janet Gray Advertisement 2 This advertisement has not loaded yet, but your article continues below. Q: What… Continue reading FP Answers: What’s the best way to use money left over in a registered education savings plan?