The penalty for tax underpayments has skyrocketed since 2021, posing a significant threat to gig economy workers and consultants. As of Oct. 1, the IRS will now charge 8% interest on estimated tax underpayments, a significant increase from the previous 3%, according to The Wall Street Journal. This change predominantly affects pay-as-you-go workers who do …
A San Francisco 49ers tight end has been fined nearly $14,000 by the NFL for unsportsmanlike conduct during the fifth week of the season. According to ESPN, George Kittle was penalized after wearing a gray T-shirt with blue lettering that said “F— Dallas” underneath his 49ers jersey during their game against the Cowboys. See …
Regulators on Friday fined eight companies a combined $111 million over record-keeping lapses, marking the latest enforcement actions in the Securities and Exchange Commission’s (SEC) ongoing crackdown on Wall Street’s use of unapproved messaging channels for business discussions, including WhatsApp. The SEC announced that eight broker-dealers, investment advisers, and rating agencies, such as Perella Weinberg, …
Pret a Manger, a popular sandwich chain based in the UK, has recently faced a significant penalty from a British local government due to a work safety incident involving a walk-in freezer. The incident occurred in July 2021 when a female employee became trapped inside the freezer for several hours. The Westminster City Council, responsible …
In a fossil fuels protest held in Sweden last month, 20-year-old climate activist Greta Thunberg was among those detained for obstructing traffic. According to local media, Thunberg and a dozen other participants stopped oil trucks from passing through the port city of Malmo on June 19. The police at the Reclaim the Future protest instructed …