Commentators have criticized Elon Musk’s bid to buy Twitter, but there’s a bull case for the takeover. Musk has built massively successful companies in the past, and he could bring his vision to the social platform, a Wall Street analyst said. Morningstar’s senior equity analyst broke down how Musk’s takeover could give Twitter a boost.… Continue reading Elon Musk wants to add Twitter to his empire that includes a $1 trillion company and multibillion-dollar startups. A top analyst breaks down 4 ways Tesla’s CEO could revamp the platform into his latest visionary brand
Warren Buffett’s Berkshire Hathaway could invest $33 billion in under 18 months thanks to its flurry of stock purchases and deals
Warren Buffett’s Berkshire Hathaway could invest over $33 billion in under 18 months. Berkshire recently invested in Occidental Petroleum and HP, and struck a deal to acquire Alleghany. Buffett’s company could also raise its ownership of its energy unit and Pilot Flying J. Loading Something is loading. Warren Buffett’s Berkshire Hathaway is on track to… Continue reading Warren Buffett’s Berkshire Hathaway could invest $33 billion in under 18 months thanks to its flurry of stock purchases and deals
A Moscow broker explains what’s happening in Russia’s chaotic markets, where vultures are scavenging for profit and the Kremlin is propping up stocks and the ruble
A strange calm seems to have settled over Russian markets. But scratch under the surface, and almost everything has changed. The government is propping up the ruble and holding together Moscow’s stock market, with foreign investors all but barred. Iskander Lutsko, of Moscow broker ITI Capital, tells Insider what’s going on in the “completely artificial”… Continue reading A Moscow broker explains what’s happening in Russia’s chaotic markets, where vultures are scavenging for profit and the Kremlin is propping up stocks and the ruble
A top crypto fund shares the 3 risks associated with ethereum’s upcoming merge — and explains why there isn’t a definite date for the upgrade
Ethereum’s long-anticipated “merge” is slated for Q3 this year, but there’s no set date for its launch. Bitwise’s Matt Hougan said further delays can’t be ruled out, and the migration to a proof-of-stake algorithm may not be bug-free. Ethereum developers aren’t sure when exactly the merge will take place because it’s a technically challenging process,… Continue reading A top crypto fund shares the 3 risks associated with ethereum’s upcoming merge — and explains why there isn’t a definite date for the upgrade
Do Creators Pay Taxes on Money Earned?
Are you a creator?There are so many new industries that have popped up as a result of the pandemic. One industry that exploded is the Creator Economy which includes influencers on TikTok, YouTube, OnlyFans, and Streamers. For many influencers, what started out as something fun to get them through the stay-at-home orders is now helping… Continue reading Do Creators Pay Taxes on Money Earned?
Tax Avoidance, Tax Evasion, and Tax Sheltering: How They Differ
Tax avoidance, tax evasion, and tax sheltering are all concepts you may have heard of before. And while they come with a heavy dose of negative connotations, like someone is doing something illegal, that isn’t always the case. Our TurboTax Live experts look out for you. Expert help your way: get help as you go,… Continue reading Tax Avoidance, Tax Evasion, and Tax Sheltering: How They Differ
What to Do After You’ve Filed an Income Tax Extension
Checking federal tax extension statusIf you sent your extension in on time, it should be granted. To confirm receipt, it’s easiest if you use software like TurboTax Easy Extension, since you’ll get a confirmation from TurboTax within 48 hours. Our TurboTax Live experts look out for you. Expert help your way: get help as you… Continue reading What to Do After You’ve Filed an Income Tax Extension
7 Steps for Handling Unexpected Tax Bills
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. 1. File on time and pay what you canTo help lower penalties and interest fees: Our TurboTax Live experts look out for you. Expert help your way: get… Continue reading 7 Steps for Handling Unexpected Tax Bills