getty The Coronavirus Aid, Relief and Economic Security (CARES) Act , signed into law in March 2020, provided a lifeline to many Americans struggling in the wake of the COVID-19 pandemic and the economic turmoil that followed. Among the law’s many provisions was the ability for certain taxpayers impacted by COVID-19 to take distributions of
Taxes
Even though Democrats just took the helm in Congress and the White House, the clock is already ticking, and 2021 is shaping up to be a critical year for the party. History teaches us that the majority parties tend to lose control over one of the houses of Congress during the midterms following the election. It is
Robinhood’s halting of trading of certain stocks has many users reconsidering whether it’s the right platform to hold their cryptocurrency. Some users have considered moving their crypto assets to other platforms, only to realize that Robinhood does not allow cryptocurrency withdrawals. This leaves Robinhood crypto users stuck between a rock and a hard place. If
Green’s 2021 Trader Tax Guide GreenTraderTax Green’s 2021 Trader Tax Guide covers the 2017 Tax Cuts and Jobs Act (TCJA) and the 2020 Coronavirus Aid, Relief, and Economic Security (CARES) Act’s impact on investors, traders, and investment managers. The highlights of this year’s guide are included below. TAX CUTS AND JOBS ACT Tax Cuts and Jobs
A new letter from economists, organized by Invest in America, calls for major new spending to fight … [+] the Covid-19 recession and boost the economy. getty After the initial good feelings around Joe Biden’s inauguration, economic reality is catching up. On Wednesday, Chairman Jerome Powell gave a sobering assessment of how far the economy still