Tax

Homeowners and How the New Tax Law Affects Them

Homeowners and How the New Tax Law Affects Them

Homeowners are affected by Tax Cuts and Jobs Act (TCJA). The law has done away with two much-used tax breaks while not touching the third one. It is a complex scenario. The TCJA for the 2018 to 2025 period remodels the existing deal by restricting t..

Alphabet Inc (NASDAQ: GOOGL) Shares Slide After Earnings

Alphabet Inc (NASDAQ: GOOGL) Shares Slide After Earnings

Alphabet Inc (NASDAQ: GOOGL) shares fell more than 5% Friday after the tech giant reported 4th quarter earnings for the fiscal year of 2017. "Our business is driving great growth, with 2017 revenues of $110.9 billion, up 23% year on year, ..

Microsoft Sees Gains in Q2 Earnings Thanks to Focus on Cloud Services.

Microsoft Sees Gains in Q2 Earnings Thanks to Focus on Cloud Services.

Microsoft Corporation (NASDAQ: MSFT) has released its results from its second quarter yesterday January 31st, 2018. The tech giant has reported a 12% increase in Revenue up from $25.8 Billion to $28.9 billion, a 10% increase in Operating Income up f..

Ford Motor Reported 2017 Fourth Quarterly and Full Year Financial Results

Ford Motor Reported 2017 Fourth Quarterly and Full Year Financial Results

Ford Motor Company (NYSE: F) reported 2017 fourth quarter and full year financial results on Wednesday, highlighting that the companies quarterly revenue went up 7% driven by the higher wholesale volume, and full year revenue up 3%.In 4Q the co..

JPMorgan Introduces $20 Billion Investment Plan

JPMorgan Introduces $20 Billion Investment Plan

On Tuesday, JPMorgan Chase & Co. (NYSE: JPM) introduced a $20 billion investment plan aimed to hire more employees, hike wages, open new branches, as well as expand the business in order to take advantage of the U.S. tax law changes and a more p..

Bitcoin and Tax

Bitcoin and Tax

Bitcoin may have a supposed anonymity but not to the tax official. From April, anyone who bought and then sold cryptocurrencies like Bitcoin must report any profits on their respective federal tax returns. This is a valid demand since the value of B..