Beverley Rayner 
Fine for underpayment of estimated taxes have been risings with Fed’s rate hikes Penalty hit 8% as of October 1, up from lowest possible 3% in early 2021 Fine mainly applies to self-employed workers who pay taxes each quarter The IRS penalty for underpayment of estimated taxes is up sharply this year, with self-employed and …
Bitcoin Price Bitcoin is making a strong move towards the $40,000 mark, a level it hasn’t seen since the May 2022 blowup of the supposed “stablecoin” TerraUSD. Several factors, including potential Securities and Exchange Commission approval of a Bitcoin ETF, are driving the surge. However, the most significant factor could be the expected Federal Reserve …
Google, which aimed to have its conversational AI program Gemini launch in November, has quietly pushed its debut back to early 2024. SOPA Images/Getty Images The launch of Google’s anticipated AI model, Gemini, has been delayed, as reported by The Information. Gemini’s debut was pushed to early 2024 over issues handling non-English prompts, per the …
Five Tips for Enjoying Your Life After Retirement Retirement can feel overwhelming, like finally catching the car you’ve been chasing for years. You prepared for this moment, but now that you’re here, what’s next? Take a deep breath, and consider these five tips for enjoying life after retirement. 1. Stay Close to Your Loved Ones …
Amid the work-from-home revolution, office landlords are now resorting to a drastic measure in the real estate world: “handing back the keys.” This involves the landlord ceasing to pay the mortgage on the office building or declining to refinance it, leading the bank or investors who made the loan to repossess the building. Notable names …
It was a sad news when the legendary investor, Charlie Munger passed away at the age of 99 this week. Surprisingly, despite being a billionaire, Munger chose to stay in a modest home in Los Angeles for over 70 years. Warren Buffett’s longtime business partner, Munger, once mentioned in a CNBC interview that he didn’t …
A dispute between DirecTV and Tegna, the owner of several NBC and CBS affiliates, has left many fans unable to watch the SEC Championship Game between the Georgia Bulldogs and Alabama Crimson Tide on Saturday. The disagreement stems from the rate Tegna wants DirecTV to pay to carry its channels. Tegna denied DirecTV permission to …
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Key Takeaways Charlie Munger, alongside Warren Buffett, grew Berkshire Hathaway into a massive conglomerate. Munger’s extreme buy-and-hold approach involved selecting only sure bet companies and holding onto them for years. Munger focused on finding “wonderful businesses at fair prices,” leading to a non-diversified portfolio. Munger weeded out bad or average opportunities, believing great opportunities were …
A federal jury in Illinois has ordered $17.7 million in damages to be paid to multiple food manufacturing companies. This amount is tripled to over $53 million under federal law. The companies had brought a lawsuit against major egg producers over a conspiracy to limit the egg supply in the United States. The jury determined …
The housing market has been pushed out of reach for some Americans by sky-high mortgage rates.Getty Images US housing market affordability will improve in 2024, but challenges will remain, Realtor.com said. Home prices will drop, but the decline in mortgage rates will be limited. The lock-in effect from rates will persist, bringing little relief to …