Personal Finance

Reuters | |

Lawyers for Donald Trump told a federal judge on Wednesday they plan further challenges to the Manhattan district attorney’s efforts to see the U.S. president’s financial records, despite a U.S. Supreme Court decision allowing the prosecutor’s review.

In a filing with the U.S. District Court in Manhattan, Trump’s lawyers said the president will file an amended complaint raising arguments against district attorney Cyrus Vance’s subpoena that the ...

Reuters | |

Two out of three Americans want to see President Donald Trump’s income taxes, and about half believe he has been withholding them for reasons that could hurt him politically, according to a Reuters/Ipsos public opinion poll.

The July 13-14 poll shows many Americans remain concerned about Trump’s finances and potential conflicts of interest with his family business. The survey was conducted after a U.S. Supreme Court ruling over Trump’s fina...

Reuters | |

LUXEMBOURG/DUBLIN (Reuters) - Europe’s second-highest court on Wednesday rejected an EU order for Apple to pay 13 billion euros ($15 billion) in Irish back taxes, dealing a blow to the bloc’s attempts to crack down on sweetheart tax deals.

In its order four years ago, the European Commission said Apple benefited from illegal state aid via two Irish tax rulings that artificially reduced its tax burden for over two decades - to as low as 0.005% in 2014.

“The General Court annu...

Reuters | |

(Reuters) - U.S. office and apartment vacancy rates rose marginally in the second quarter from a year earlier, as property owners were yet to feel the full impact of the COVID-19 pandemic, according to real estate research firm REIS Inc.

The U.S. office vacancy rate rose to 17.1% in the second quarter from 16.8%, a year earlier, while the U.S. apartment vacancy rate inched up to 4.8% from 4.6%.

Reis said the forced work-from-home option driven by the pandemic has prompted many off...

AP News | |

It’s time to do your taxes — no more delays.

As the coronavirus pandemic took hold this spring, the federal government postponed the traditional April 15 filing deadline until July 15.

The move provided some economic and logistical relief for taxpayers dealing with the disruptions and uncertainty brought on by lockdowns, school closures and shuttered businesses. But now that new deadline is rapidly approaching.

Taxpayers must file or seek a...

AP News | |

NEW YORK (AP) — Americans are likely to see more “for rent” signs in the coming months as many businesses devastated by the coronavirus pandemic abandon offices and storefronts and potentially end a long boom in the nation’s commercial real estate market. Hotels, restaurants and stores that closed in March have seen only a partial return of customers, and many may fail. Commercial landlords have already reported an increase in missed rent payments....

Daniel Lee | |

With stock markets fluctuating wildly, it’s especially important to understand the financial and tax implications of any company stocks your employer might offer. Restricted stock units, or RSUs, have become particularly popular in recent years. A 2017 survey by Ayco’s Compensation and Benefits group showed 72% of companies use RSUs, up from 37% just 10 years earlier.So, how do RSUs work? They’re a type of equity-based compensation in which there is a period between when you’re granted s...

Reuters | |

SoftBank Group Corp founder Masayoshi Son’s dream of a global tech empire is unravelling, with the coronavirus crisis compounding losses at his $100 billion Vision Fund and distress at his big bets portending more pain. More than half of the fund’s c...

Wendy Glavin — Glavin's Tech Talk | |

In today’s environment, many of us are slogging through the days stressed out, worried about staying safe, afraid of getting sick, concerned about the health of others, anxious about our jobs, terrified about losing money and trying to find ways to adapt. The sad truth is, no matter what we do for a living, most of us are easily replaceable. How to Make Yourself Less Replaceable In 2014, I was motivated by what Carla Harris, Vice Chairman and Managing Director at Morgan Stanl...

Desireé Duffy | |

Interview with Toni Patillo, founder and broker-owner of Toni Patillo & Associates, a residential and commercial real estate listing company in Southern California.