The majority of U.S. households paid no federal income taxes in 2020, a spike driven by the pandemic-induced economic downturn and multiple rounds of tax-based assistance. The trend is likely to continue in 2021. Nearly 107 million households — or 61% of U.S. households — owed no federal income taxes in 2020, according to estimates by The Tax Policy Center, marking a 40% increase from 2019 when 43.6% of households didn’t pay taxes. “Even though those numbers are very dramatic, they are… Source link
Read More »Bezos thanks Amazon customers who ‘paid’ for space flight, sparking criticism from Sen. Warren
Soon after Amazon (AMZN) chairman and founder Jeff Bezos returned to Earth from space on Tuesday, the billionaire received sharp criticism from progressive Senator Elizabeth Warren (D-MA) contrasting the low tax bills paid by him and Amazon with those borne by everyday Americans who “keep this country running.” The criticism came in response to remarks made by Bezos thanking Amazon customers and employees whose purchases and work “paid for” the space expedition, which was carried out by… Source link
Read More »Yahoo can no longer offer paid fantasy sports contests in Connecticut
As of July 1, Yahoo Fantasy Sports can no longer offer paid fantasy sports contests in the state of Connecticut due to recently passed legislation. All free Yahoo Fantasy Sports experiences will continue to be available to Connecticut residents. As part of Yahoo Sports, we have delivered fantasy sports games to users since 1999. From the beginning, our fantasy sports offerings have been designed and built with the goal of engaging and delighting our users. We want users to play on Yahoo with… Source link
Read More »Google dangles paid upgrade to businesses using Gmail addresses
The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. REUTERS/Charles Platiau/File Photo Alphabet Inc’s (GOOGL.O) Google on Monday unveiled an option for small businesses to upgrade their Gmail accounts for greater calendaring, video chat and email newsletter functionalities. Google Workspace Individual, which starts at $7.99 monthly including a temporary $2 discount, adds to the company’s expanding efforts… Source link
Read More »Here’s How Much Jennifer Aniston and Other Actors Get Paid for Their Reruns
Matt Baron/REX / Shutterstock.com For TV’s biggest stars, key roles on successful shows mean huge paychecks — but the payoff doesn’t stop there. When shows are syndicated, redistributed, released on DVD, purchased by a streaming service or otherwise used beyond what the actors were originally paid for, those actors get residual checks called royalties. Support Small: Don’t Miss Out on Nominating Your Favorite Small Business To Be Featured on GOBankingRates — Ends May 31 So, do all actors get… Source link
Read More »Staff at Biggest Dutch Domino’s Pizza Franchise Can Now Be Paid in Bitcoin
Bloomberg Tencent Joins Alibaba in Spending Spree as Competition Grows (Bloomberg) — Tencent Holdings Ltd. pledged to sharply increase investments this year after posting a 25% gain in quarterly revenue, joining its biggest rivals in a spending binge that will jack up competition in China’s post-pandemic internet arena.China’s largest tech corporations are vying to entice users in the fast-growing arenas of online commerce and video. Tencent plans to plow a larger portion of its… Source link
Read More »Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom
TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ Investing is all about profits, and part of generating profits is knowing when to start the game. The old adage says to buy low and sell high, and while it’s tempting just to discount cliches like that, they’ve passed into common currency because they embody a fundamental truth. Buying low is always a good start in building a portfolio. The trick, however, is recognizing the right stocks to buy low. Prices fall for a… Source link
Read More »Sotheby’s Closes $12.9M Banksy Auction, First Paid in Crypto
TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ Investing is all about profits, and part of generating profits is knowing when to start the game. The old adage says to buy low and sell high, and while it’s tempting just to discount cliches like that, they’ve passed into common currency because they embody a fundamental truth. Buying low is always a good start in building a portfolio. The trick, however, is recognizing the right stocks to buy low. Prices fall for a… Source link
Read More »Verizon sells AOL and Yahoo for about half of what it paid
Verizon has sold its AOL and Yahoo properties to Apollo Global Management in a deal said to be worth $5 billion, about half of the nearly $9 billion Verizon originally paid for the pair. Verizon will maintain a 10 percent stake in the company, now known as Yahoo and led by CEO Guru Gowrappan. The deal, which includes Verizon’s ad tech business, was heavily rumored over the last week and is still subject to closing conditions. Once complete, it’ll bring an end to Verizon’s troubled… Source link
Read More »Philipp Schindler Is Google’s Highest Paid Executive Officer In 2020
Google chief business officer Philipp Schindler topped the list for the technology giant’s executive officer pay last year, earning more than $66.38 million in salary, stock awards and other compensation, according to a new regulatory filing. Schindler earned a $655,000 salary, stock awards valued at $65.5 million and $226,816 in other compensation, with the latter including $215,660 for personal use of aircraft chartered by the company, according to a proxy statement filed by parent… Source link
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