As more and more people get Covid-19 vaccinations, it is becoming increasingly possible to return to pre-pandemic group activity—restaurants, movie theaters, baseball stadiums, concerts—and office work. So don’t assume you can work at home indefinitely. It will depend on your job, your company’s workplace culture, and your boss. During the pandemic’s height, journalists speculated that office work was dead, shifting
Taxes
Topline Stocks fell sharply Thursday afternoon after a Bloomberg report that President Joe Biden is hoping to hike the capital gains rate to as much as 43.4%, sounding an alarm for investors concerned over the potential toll on trading profits. Key Facts As of 2:10 p.m. Eastern, the Dow Jones Industrial Average was off 368
Mayors in blue states are lining up with Democrats in Congress to pressure the White House into restoring a tax break that was significantly reduced by former President Trump’s tax reform. On Wednesday, Rep. Thomas Suozzi (N.Y.) joined officials from Albany; Columbia, S.C.; Philadelphia and San Diego to call for a repeal of the rule
New York Attorney General Letitia James has weighed in on the low-income housing tax credit Year 15 struggle. In cooperation with James E. Johnson New York City’s Corporation Counsel, she has filed an amicus brief supporting RiseBoro Community Partnership (RiseBoro) in its litigation with AIG affiliate, Sun America Housing Fund 682, over ownership and control of 35
Nearly three years after it became legal to tax all online purchases, the nation’s third-largest state is finally about to do so. On Monday, Gov. Ron DeSantis signed into law a plan to require out-of-state online retailers to collect sales taxes on purchases made by Floridians. It is expected to raise an estimated $1 billion