Gross Income

IBM finally shows some growth in sales and profits

August 1, 2022 Timothy Pricket Morgan We’ve been so excited about our coverage of the new Power10 entry-level and midrange servers over the past few weeks that we haven’t touched on Big Blue’s financial results for the second quarter ended June. Given the last few years and all the bad …

Read More »

Is Uber now cheap enough to buy stocks?

Uber (NYSE: UBER) is perhaps the most well-known start-up to emerge from Silicon Valley in the last 15 years. Used by hundreds of millions of people around the world, the carpooling, delivery and mobility platform is located in many cities around the world. But with a checkered corporate history and …

Read More »

BRP suffers from lower volumes, should survive macro headwinds

Petr Smagin Posted on the Value Lab 7/25/22 BRP Inc. (NASDAQ: DOOO) is an excellent company from an operational and end-market perspective. ROICs are high and the company benefits from a favorable industrial structure. However, supply chain issues have been a big deal for the company after the initial powersports …

Read More »

Minnesota to start winnowing stack of pandemic ‘hero payout’ demands

The window for frontline pandemic workers to apply for money from Minnesota’s Heroes Pay Program closed on Friday, and officials will soon begin winnowing the vast slate of applicants. The state received nearly 1.1 million applications Wednesday. Minnesotans had until Friday afternoon to submit their claims, and a spokesperson for …

Read More »

Adult Incontinence Products Market Opportunities with High Growth 2022-2028, Emerging Trends | Essity AB, Covidien plc

According to a study by Coherent Market Insights, and is expected to grow at a CAGR of 7.9% in terms of revenue over the forecast period (2022-2030). SEATTLE, WASHINGTON, USA, July 18, 2022 /EINPresswire.com/ — Adult Incontinence Products Market: In-depth statistical analysis of current and emerging trends offers insights into …

Read More »

Will the housing market collapse in 2022?

This article is excerpted from Tom Yeung’s Profit & Protection newsletter. To be sure not to miss anything of Tom’s picks, subscribe to his mailing list here. Even doctors worry about housing costs… “Hey Tom, I’m thinking of moving to Long Island City,” an old New York friend told me …

Read More »

Financial Analysis: Emergent Capital (OTCMKTS:EMGCQ) vs. Jackson Financial (NYSE:JXN)

Emergent Capital (OTCMKTS:EMGCQ – Get Rating) and Jackson Financial (NYSE:JXN – Get Rating) are both finance companies, but which is the best investment? We’ll compare the two companies based on the strength of their institutional ownership, dividends, valuation, risk, profitability, earnings, and analyst recommendations. Analyst Recommendations This is a breakdown …

Read More »

NOTICE – Death by a thousand cuts

António Lobo Vilela is a Macau-based attorney and the author of the Macau Gaming Law Book (www.macaugaminglaw.com) The gambling law amendment was finally approved, ending a troubled process that began nine months earlier with the launch of a contentious public consultation and without prior consultation with casino operators. Among the …

Read More »

SHOO: Which fashion shoe manufacturer is a best buy?

Steven Madden, Ltd. (SHOO) and Allbirds, Inc. (BIRD) are internationally renowned shoe and accessory manufacturers. SHOO designs, researches, markets and sells fashion-forward designer and private label footwear, accessories and apparel for women, men and children. On the other hand, BIRD manufactures and sells footwear and clothing for men and women. …

Read More »

SHAREHOLDER ALERT: Pomerantz L – GuruFocus.com

NEW YORK, June 23, 2022 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors in Digital Turbine, Inc. (“Digital Turbine” or the “Company”) (APPS). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529 ext. 7980. The investigation focuses on whether Digital Turbine and …

Read More »

How to Find Bargains in Municipal Bond Funds

Tax-exempt bonds have become much cheaper. Here’s a guide to finding the best deals. Borrower in California Getty Prices up, prices down. The bond crash did not spare municipal bond funds. In the first half of the year, they managed to lose up to 30% of their investors’ money. Look …

Read More »

HR updates its outlook for fiscal year 2022

HR (NYSE: HR, Financial) today announced revisions to its outlook for fiscal year 2022. Gary Friedman, Chairman and CEO, said, “The deteriorating macroeconomic environment has resulted in weaker-than-expected demand since our previous guidance, and we are updating our outlook, particularly for the second half of the year. . Given macroeconomic …

Read More »

DiamondRock Hospitality (NYSE: HRD) and Franklin Street Properties (NYSE: FSP) Financial Contrast

DiamondRock Hospitality (NYSE:DRH – Get Rating) and Franklin Street Properties (NYSE:FSP – Get Rating) are both small cap finance companies, but which business is superior? We’ll compare the two companies based on the strength of their profitability, dividends, institutional ownership, analyst recommendations, valuation, earnings and risk. Analyst Notes This is …

Read More »

What a tech guru thinks of the current crypto market

VSrypto is in trouble, but a top investor thinks there’s more to it. Mark Cuban rose to fame for his successful career in venture capital in the early 2000s. He invested in some of the first social networks and software to appear and has since seen his net worth soar …

Read More »

GIGA TRONICS INC MANAGEMENT REPORT AND ANALYSIS OF FINANCIAL POSITION AND RESULTS OF OPERATIONS (Form 10-K)

Insight Giga-tronics manufactures specialized electronic equipment for use in both military test and airborne operational applications. Our operations consist of two business segments, those of our wholly owned subsidiary, Microsource Inc., and those of our Giga-tronics Division. Our Microsource segment designs and manufactures custom microwave products for military airborne applications …

Read More »

I need money. How bad is it to withdraw money from my IRA?

All the free government money has been spent and inflation is raging. You are now facing a vicious lack of liquidity. What to do? One possible solution is to make an early withdrawal from your IRA. By early withdrawal, I mean one that occurs before the age of 59 and …

Read More »

Nestlé’s finance revenue of N4 billion pushes profit to N18 billion in Q1

Nestle Nigeria Plc achieved strong financial income of almost N4 billion in the first quarter, which helped boost the company’s profit by 45% to around N18 billion. The profit figure represents 45% of the N40 billion annual profit the company recorded at the end of the 2021 financial year. The …

Read More »

LMP Automotive Holdings, Inc. – GuruFocus.com

FORT LAUDERDALE, FL, May 19, 2022 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (LMPX) (“LMP” or the “Company”), a United States-based e-commerce and automotive retailer, announced today intends to restate previously issued financial statements as of and for each of the first three quarters of 2021 to correct certain accounting …

Read More »

The High Court of Himachal Pradesh removes the addition

The High Court of Himachal Pradesh bench Judge Sabina and Judge Satyen Vaidya removed the addition on the grounds that the Valuation Officer (AO) did not consider genuine purchases and sales recorded in the books of account. The interviewed/evaluated company followed a direct marketing business model and derived revenue from …

Read More »

The tax treatment of investments has come full circle

Tax law is used for several purposes. Chief among them is to generate revenue for government operations. But tax law also encourages or discourages certain behaviors to achieve economic, social or political objectives. Here is an example. Section 280E of the Act denies any deduction for trafficking in a controlled …

Read More »

An HLM complex increases rents

NASHVILLE, Tenn. (WSMV) – The cost of living keeps rising here in Tennessee, and some families don’t know what to do. North Lights Apartments, a new place for low-income tenants, is raising rents in August. Now some tenants are wondering what to do. “I am thinking of a restricted income. …

Read More »

9 Nigerian banks spend N23 billion on travel expenses in 2021

A total of nine Nigerian banks spent N23 billion on business travel in the year 2021, according to data collated from the banks’ financial reports. The amount includes the cost of travel, hotel, passage and any other logistics related to travel inside and outside the country. The banks are Access …

Read More »

K+S: A European potash game trading at a yield of 20% FCF

Orest Lyzhechka/iStock via Getty Images Introduction Fertilizer markets are on fire these days and while most of the attention is on the North American fertilizer games, one would almost forget that there are a few very interesting European companies as well. In a previous post I discussed OCI (OTC:OCINF) but …

Read More »

APCHA Board Says Yes to Income Exemption Rule Changes | New

The Aspen-Pitkin County Housing Authority Board of Directors voted Wednesday to formally pass a set of regulatory changes that would give tenants more flexibility to receive wage increases and requalify for their rental units. The changes went into effect immediately after the unanimous vote. The maximum gross income will be …

Read More »

Net Operating Losses—Policies, Effectiveness, and Alternatives

A net operating loss (NOL) occurs when a taxpayer’s allowable deductions exceed their gross income for a given year. Most taxpayers can take advantage of NOL deductions, including individual taxpayers, exempt organizations, trusts, and most C corporations, to offset taxable income from other tax years. NOLs allow companies large and …

Read More »

How to do anything but land a millionaire retirement

Owith the S&P500 on the brink of a bear market and some high-growth companies down more than 90%, reaching millionaire status by the time you retire can seem like a crazy goal. In fact, most bear markets plant the seeds for the next big rally. Unless you believe this crash …

Read More »

Don’t move to another state just to cut your taxes

We know lots of friends who are considering moving from a high-tax state, like New York, to a state with low or no income tax. They think they’ll end up with more money, although they’re torn because they can also walk away from family and friends just to evade state …

Read More »

Tax relief is suddenly top of the agenda in New Jersey as money pours in like never before

New Jersey has more money than it knows what to do with, and tax relief is now a top priority in Trenton. New Jersey’s nonpartisan Legislative Services Office told lawmakers this week that the state will collect nearly $51 billion in tax revenue this fiscal year, which ends June 30. …

Read More »

Fourth of AmpliTech Group Reports – GuruFocus.com

Hauppauge, New York, May 16, 2022 (GLOBE NEWSWIRE) — AmpliTech Group, Inc. ( AMPG), a designer, developer and manufacturer of advanced signal processing components for satellite, 5G and other communications networks and a global distributor of packages and covers for the assembly of integrated circuits, said a figure of business …

Read More »

What to know about the CalFresh program – NBC Los Angeles

CalFresh, California’s largest food assistance program, helps provide low-income families and individuals who meet federal income eligibility rules with monthly food benefits. The program, known federally as the Supplemental Nutrition Assistance Program, or SNAP, aims to improve the nutrition of low-income families and individuals. The objective of the program is …

Read More »

Nigeria: high product prices, demand drives profits – Total Energies

Total Energies Marketing Nigeria announced its unaudited first quarter (Q1) 2022 results for the period ended March 31, 2022, with revenue up 46.3% to N97.61 billion from N66. 70 billion naira in the first quarter of 2021. Revenue growth recorded by Total Energies Marketing Nigeria was driven by rising commodity …

Read More »

Campus derives 37% of its gross revenue from online sales in the first nine months of FY22

The initial public offering linked to sports shoe producer Campus Activewear saw its online sales soar to around Rs 400 crore, accounting for 37% of total sales in the nine months to December 2021, mostly driven by humble customers from the community. The Delhi-based company is launching its initial public …

Read More »

Pegavision: Announce that the consolidated financial statements for the 1st quarter of 2022 have been presented to the Board of Directors.

close Provided by: PEGAVISION CORPORATION SEQ_NO 1 announcement date 2022/04/25 Announcement time 15:39:06 Matter To announce that 2022Q1 consolidated financial statements reported to board of directors. Date of events 2022/04/25 What item it responds to paragraph 31 Statement 1.Date of submission to …

Read More »

ICICI Bank’s fourth quarter net profit increases by 59% to Rs 7,019 cr

Private sector lender ICICI Bank on Saturday announced a 59% rise in its standalone net profit to Rs 7,019 crore for the fourth quarter of the 2021-22 financial year.The bank had made a profit of Rs 4,403 crore in the corresponding quarter from January to March last year. The bank’s …

Read More »

Land Trust homes could go to displaced Austinites: ‘Right of Return’ preference policy for use with city-owned home sales – News

This home at 1018 Linden St. will be the first to be sold to a local with family ties for just under $200,000 under the city’s Right of Return program. (Photo by Jana Birchum) The city of Austin is preparing to set up a “housing preference policywhich would give displaced …

Read More »

American black taxes: comparing what we pay

Pictures: YouTube How much do black American households pay in federal income taxes? How do these tax payments compare to payments from the rest of the nation? What could a black American nation do with the income taxes we pay? These are important questions to ask today as we face …

Read More »

Direct comparison between Ares Commercial Real Estate (NYSE:ACRE) and Summit Industrial Income REIT (OTCMKTS:SMMCF)

Ares Commercial Real Estate (NYSE:ACRE – Get Rating) and Summit Industrial Income REIT (OTCMKTS:SMMCF – Get Rating) are both finance companies, but which business is superior? We’ll compare the two companies based on their risk strength, earnings, profitability, analyst recommendations, institutional ownership, valuation and dividends. Institutional and Insider Ownership 52.2% …

Read More »

Credit for child care and dependents: what counts as eligible expenses?

Mparents who bear the costs of childcare benefit from the Credit for child care and dependent care. Although the credit is intended for working parents or guardians, it may also apply to taxpayers who were full-time students or unemployed for part of the year. You may be entitled to a …

Read More »

Market Law: Part II: Clarity of Section 199A

It’s tax time, and for many New Hampshire business owners, the annual 20% federal income tax deduction potentially available to them under Section 199A of the Internal Revenue Code will be extremely important. Hence this third of three consecutive columns on the section. For non-taxers: for the reasonably foreseeable future, …

Read More »

Core Scientific (CORZ) fourth quarter earnings: 3849% growth in EBITDA and bitcoin holdings worth around $400 million

onurdongel/E+ via Getty Images Core Scientific Full Year 2021 Results Last week, Core Scientific released fiscal 2021 results, along with the company’s first annual report. Although the company was driving significant growth, the final numbers were no less stunning. According to CEO Mike Levitt, Core Scientific has set a record …

Read More »

Here’s what Cincinnatians told Council to put in the budget during the first public hearing

Cincinnati Council is receiving public comment on the city’s budget earlier in the process than usual, with the first public hearing drawing nearly 100 people Monday night. The city’s budget office projects a budget shortfall of $17.2 million next year, even after using $66 million from the American Rescue Plan …

Read More »

Varia US Properties: Excellent 2021 results for Varia US Properties – significant increase in total revenue (+110.0%), EBITDA (+33.8%) and portfolio value (+52.1%)

2021 has been an exciting business year with above-average performance, both in terms of rental growth and valuation Total revenue more than doubled to $320.0 million (2020: $152.4 million) Effective gross revenue increased to $138.0 million (2020: $106.7 million) EBITDA increased to $80.7 million (2020: $60.3 million) Net gain on …

Read More »

The block stock is expected to move strongly in the coming weeks (NYSE:SQ)

Pgiam/iStock via Getty Images So everyone saw that there was a massive reset of tech names. Without a doubt, Block (NYSE:NYSE: SQ), formerly known as Square, is a veritable fintech powerhouse and that whole industry has been destroyed in the last month or so. The action in space reminds us …

Read More »

Oregon cancels state’s free tax filing option

For taxpayers who don’t want to pay to file their taxes electronically, the Oregon Department of Revenue has long offered free options. Last year, nearly 70,000 Oregonians used one. But Oregon quietly dropped its most-used versions this year, leaving previously eligible Oregonians with taxable incomes over $73,000 without the ability …

Read More »

TIGTA: IRS Inefficiencies Added to Backlog

While the pandemic and legislative changes were primarily responsible for the IRS’ inability to meet timeliness standards for the majority of taxpayer cases last year, inefficiencies in personnel, equipment and procedures also contributed to the delay, the Treasury Inspector General for Tax Administration (TIGTA) said in an audit report. The …

Read More »

Ennoconn: The company’s Board of Directors approved the consolidated financial report for the 4th quarter of 2021

Declaration 1.Date of submission to the board of directors or approval by the board of directors:2022/03/22 2.Date of approval by the audit committee:2022/03/21 3.Start and end dates of financial reports or annual self-assessed financial information of the reporting period (XXXX/XX/XX~XXXX/XX/XX): 2022/01/01~2022/12/31 4.Operating revenue accumulated from 1/1 to end of the …

Read More »

Amcor stock: 4.4% return should be safe as Co. tackles inflation (NYSE:AMCR)

NoDerog/iStock Unpublished via Getty Images introduction of Amcor (New York Stock Exchange: AMCR) the stock price is currently trading at almost exactly the same level as a year ago despite a nice double-digit increase in the stock price throughout the year. The packaging giant is now dealing with the impact …

Read More »

S Corp Salary Guidelines – What is Reasonable Compensation?

Can you help your S Corp clients determine reasonable compensation? With the S Corp deadline in March, here’s what your clients need to know to stay on the safe side of the Internal Revenue Service (IRS). What is an S Corp? S Corps are corporations that elect to pass through …

Read More »

Bills seek to exempt all military retirements from state income tax | Government and politics

OKLAHOMA CITY — At least two measures passed by the Oklahoma Legislature seek to end personal income tax on military retirement benefits. pugh Senate Bill 401, by Sen. Adam Pugh, R-Edmond, recently passed the full Senate by a 43-0 vote and is heading to the House. McDugle Courtesy A similar …

Read More »

Photovoltaic scale from system supplier Shoals opens manufacturing plant and reports fourth quarter results – pv magazine USA

Shoals manufactures balance of system components for solar, energy storage and electric vehicle charging solutions. The company opened a factory in Tennessee and posted record gross revenues and profits in 2021. March 11, 2022 ryan kennedy Shoals Technologies Group, a provider of Balanced Power Systems (BOS) systems for solar, storage …

Read More »

Ascom: publishes an increase in net profit in 2021 and proposes the payment of a dividend

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53LR Improved 2021 results in line with the guidance provided: Net revenue of CHF 291.5 million, reflecting a growth rate of 3.7% (2.7% at constant exchange rates1) EBITDA2 increased to CHF 28.7 million and EBITDA margin improved to 9.8% Incoming orders of CHF 342.3 …

Read More »

Adecco Group: A Fully Hedged Dividend Yield of 6% (OTCMKTS:AHEXF)

Mikhail Mishchenko/iStock via Getty Images introduction The Adecco Group (OTCPK: AHEXF) (OTCPK: AHEXY) is one of the world’s best-known recruitment and human resources companies and this asset-light model has historically generated strong cash flow. Adecco has used these cash flows to diversify and the recent acquisition of AKKA Technologies is …

Read More »

REG announces increased revenue for the fourth quarter

Renewable Energy Group Inc. released fourth quarter 2021 financial results on March 1, reporting an increase in renewable diesel production for the period. Biodiesel sales declined slightly, while revenues increased significantly. REG did not hold an earnings call to discuss its fourth quarter performance due to the Feb. …

Read More »

IRS changes tactic of rents paid under escalator as qualifying REIT income

In a decision that could impact real estate investment trusts (REITs) whose leases include percentage or contingent rent clauses, the IRS recently changed its previous position that rent paid under a Formula rent escalation is eligible income for REITs. Revoking its earlier 2013 ruling, the IRS has now concluded that …

Read More »

NJBIA Supports Property Tax Relief, Affordability Bills Today

The New Jersey Business & Industry Association is supporting several bills in the Senate Budget and Appropriations Committee today that will help improve affordability in the state. Of note, the NJBIA supports Bill S-330 (Singleton, D-7; Scutari, D-22), which would increase the amount of funding distributed to municipalities from the …

Read More »

WANT: Direxion Consumer Discretionary Bull 3X Risky ETF

courtneyk/E+ via Getty Images Consumer spending slumped as lockdowns were mostly lifted in mid-2020 and lingering anxiety about COVID-19 gradually dissipated in 2021. Of course, there are still plenty of cases of COVID, but countries around the world have come a long way. In the United States in particular, the …

Read More »

Are you worried about a tax audit? Avoid These IRS Red Flags

(NEXSTAR) – Have you ever had that sinking feeling when you see an unexpected letter from the Internal Revenue Service (IRS)? It can be hard not to, even if you have no reason to fear an audit. To have peace of mind during tax season, it’s important to know how …

Read More »

Kelly Services (KELYA) fourth quarter 2021 earnings consensus best estimate; Stocks jump ahead of market

Today, February 14, Kelly Services (KELYA) released its fourth quarter and full year 2021 earnings report. The staffing company’s earnings for the quarter exceeded estimates, which appears to have to some investors. Shares of KELYA jumped 7.25% before market this morning. Fourth quarter 2021 results Kelly Services posted a profit …

Read More »

Lonza Group Stock: Net Cash, But Strong Price Growth (OTCMKTS: LZAGF)

Kannan D/iStock Editorial via Getty Images Iintroduction The Lonza Group ( OTCPK:LZAGY) ( OTCPK:LZAGF) is a chemical and biotechnology company supplying high quality ingredients to the pharmaceutical industry where it has established and maintained long-term customer relationships. That’s great, but it also means that stocks are trading at fairly high …

Read More »

Senate Committee Backs Governor-Backed Tax Cuts | Local News

In a bipartisan vote, a Senate committee on Thursday night approved an omnibus tax bill that would exempt most seniors from New Mexico income tax on Social Security benefits and reduce the rate of taxation of gross receipts at one-fourth percent. As the bill still faces further hurdles in the …

Read More »

President Trump has suppressed an IRS report on the 400 richest Americans. Let’s bring it back.

What did this data show? In 2014, the top 400 taxpayers each reported more than $126,833,000 in adjusted gross income. As a group, this small group of taxpayers, representing just 0.0000027% of total filers that year, declared 1.3% of income reported on all US tax returns. In contrast, in 1993, …

Read More »

Why Carvana shares fell 30.1% in January

What happened Shares of carvana (NYSE: CVNA) fell 30.1% in January, according to data provided by S&P Global Market Intelligence. The e-commerce platform for buying and selling used cars was downgraded due to futures expectations for its end market and was hurt by the sharp drop in high-growth stocks last …

Read More »

These 5 Houston-area suburbs are among the top 10 places to retire, according to a survey

According to financial technology firm SmartAsset, Houston-area suburbs topped the list of best places to retire in Texas. On the list of 10, Houston-area suburbs took five spots, including first place. According to SmartAsset, the consumer publishing arm of SmartAdvisor, a financial advisor research firm, the best places to retire …

Read More »

Abundant financial aid for university students | News

The main thing that students who want to attend university or are already taking higher education courses should know as they emerge from the COVID-19 pandemic is: apply for financial aid or other assistance to cover costs, and you will probably be rewarded. “Right now is a really affordable time …

Read More »

Bonner County History – January 25, 2022

From the archives of the Bonner County History Museum 611 S. Ella Ave., Sandpoint, Idaho, 83864 208-263-2344 50 years ago Sandpoint Newsletter Jan. 25, 1972 – GRADUATES HONOR DINNER A dinner will be held at the Chateau on Saturday in honor of Anna Burns, who will be a graduate of …

Read More »

New Mexico tax law unintentionally cuts city revenue

Hobbs Town Commissioner Dwayne Penick told the Hobbs News-Sun that Hobbs could be looking at losing $20,000 to $25,000 a month from destination tax. “Oil companies that operate outside of Hobbs city limits, county, or whatever, the state gets the majority of that tax base,” Penick said. Hobbs Mayor Sam …

Read More »

First Bancshares, Inc. Announces Strong Operating Results

MOUNTAIN GROVE, Mo., Jan. 21, 2022 (GLOBE NEWSWIRE) — First Bancshares, Inc. (OTCPink – FstBksh:FBSI) (“Company”), the holding company of Stockmens Bank (“Bank”), today announced today its financial results for the quarter and year ended December 31, 2021. For the quarter ended December 31, 2021, the Company recorded net earnings …

Read More »

What’s in a name? FTC Final Rule Rebrand The Jurisdictional Nexus Requirement – Tax

Summary Our International Tax Group examines the attribution requirement (born jurisdictional nexus requirement) of the Foreign Tax Credit Final Rule and finds that taxpayers will still face uncertainties in the application of the Foreign Tax Credit . IRS Seeks to Modernize Regulations to Ease Double Taxation of Foreign Source Income …

Read More »

Is house flipping becoming less profitable?

For years, real estate investors have found success flipping houses. But these days, the profit margins of domestic fins are shrinking. ATTOM Data reports nearly 95,000 homes flipped during the third quarter of 2021, representing 5.7% of all sales. But the average gross profit on house flips was just under …

Read More »

Financial planning for people with chronic conditions

Before becoming eligible for Medicare, Deborah Rosenwinkel, who lives in Wheaton, Illinois, and has rheumatoid arthritis, used a manufacturer’s discount card for Enbrel, a biologic drug she injected at home once a week. . The $12,000 card covered his deductible and co-payments, while his individual insurance policy covered the balance, …

Read More »

It’s taxing: pay taxes on long-term heading gains, even if your taxable income is less than Rs. 5 lakh

MUMBAI: Income Tax (IT) is a progressive tax mechanism, the more you earn the more you pay. Naturally, the very wealthy, with taxable income of over Rs. 5 crore, pay taxes at the rate of 42.74%, while those with taxable income of Rs. 5 lakh or less fall into the …

Read More »

InMode’s stock could potentially double (NASDAQ: INMD)

CoffeeAndMilk / E + via Getty Images Investment thesis In Mode (NASDAQ: INMD) is one of the world’s leading suppliers of non-invasive surgical machines. Their turnover has grown at an incredible rate over the past few years (73%, 5 year average), and it is an extremely profitable business (46% net …

Read More »

Analysis and analysis by the management of RITE AID CORP of the financial situation and the results of continuing operations (form 10-Q)

Overview We are a healthcare company with a retail presence, providing our customers and communities with a high level of care and service through various programs that we offer in our two reportable lines of business, our Retail pharmacy segment and our Pharmacy Services segment. We achieve our goal of …

Read More »

AMZN: Better buy for 2022: Amazon vs. Walmart

According to a Mastercard Inc (MY) report, United States retail sales increased 8.5% during this year’s holiday shopping season, fueled by the surge in e-commerce sales. Even as the Omicron variant of the coronavirus continues to spread, making the outlook bleak for physical retail stores, many retail companies have stepped …

Read More »

The perfect place for retirement accounts

By LouAnn Schulfer, AWMA®, AIF® If you have a retirement account, you probably know there are a lot of rules. For example, in most cases 59½ is the earliest age at which you can make withdrawals without penalty and typically at age 72 you should start collecting Minimum Required Distributions …

Read More »

Washington State’s reimbursement request enters the no-fly zone

The Washington Court of Appeals recently issued a split (2-1) decision in a case involving Washington’s “benefits received” test for the distribution of service income. The Court ruled that the “benefits” of the services of an aircraft design firm were received in Washington, where the taxpayer’s direct customer, Boeing, manufactured …

Read More »

Liz Weston: A Year-End Money Checklist for People 50 and Over

Age brings unique opportunities and obligations, including some important year-end tasks that can help you get the most out of your money. For those 50 and over, here are a few to consider: PLAY RECALL, IF YOU CAN If you still have a job, use a retirement calculator to see …

Read More »

Mortgage Interest Deduction: What You Need to Know to Deposit in 2022 | News

Buying a home has never been more expensive, but if you can find one that you can afford, there’s good news after you move in: You may be able to take advantage of the mortgage interest deduction. to reduce your tax bill. However, the IRS rules regarding mortgage interest deduction …

Read More »

Home weatherization project | | hccommunityjournal.com

It is the season of violent cold fronts and surprise rainstorms; and after experiencing Texas last winter with snow and ice, no one wants to relive a cold, drafty house. The Kerrville Public Utility Board and the Alamo Area Council of Governments have partnered with the Dietert Center to provide …

Read More »