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Tag: Clock

Dec162020 by adminNo Comments

Op-ed: The clock is ticking. Here are some money moves to make before the year ends

Finance
Nitat Termmee | Moment | Getty ImagesAt the end of every year, there's an opportunity to make smart financial moves to reduce taxes, increase net investment income and decrease portfolio risk.Some of these financial moves are especially timely. They're enabled by federal legislation and temporary changes in tax rules aimed at easing pandemic-related financial distress. Some other year-end moves are suggested by the change in presidential administrations in January.So, here are some potential financial moves you need to consider.Borrowing money from your 401(k) plan. The CARES Act gives accountholders what will probably be a once-in-a-lifetime chance to borrow up to $ 100,000, penalty-, interest- and tax-free for three years. Sure, this would be additional debt, but if you're laid off, thi...
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Sep292019 by adminNo Comments
The clock is ticking for taxpayers who filed for an extension

The clock is ticking for taxpayers who filed for an extension

Finance
Julie Thurston | Getty ImagesIt's cram time for entrepreneurs and other taxpayers with complicated income tax returns.That's because the Oct. 15 deadline for taxpayers who filed for an extension with the IRS is right around the corner.Though these same taxpayers were able to get more time to work on their 2018 tax returns, they still needed to pay any taxes owed by April 15.If you're on track to miss the Oct. 15 deadline, prepare to pay a 5% "failure to file" penalty, so try not to wait until the last minute."You would think most people going out to Oct. 15 would be better prepared, but no — they still get it in very close to the deadline," said David Oransky, a CPA with Laminar Wealth in Chesterfield, Missouri.The 2018 tax season was a complicated one for accountants and filers.It was the...
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Jun252019 by adminNo Comments
Nasa puts up deep-space atomic clock

Nasa puts up deep-space atomic clock

Science
Nasa has put a miniaturised atomic clock in orbit that it believes can revolutionise deep-space navigation. About the size of a toaster, the device is said to have 50 times the stability of existing space clocks, such as those flown in GPS satellites. If the technology proves itself over the next year, Nasa will install the clock in future planetary probes. The timepiece was one of 24 separate deployments from a Falcon Heavy rocket that launched from Florida on Tuesday. The other passengers on the flight were largely also demonstrators. They included a small spacecraft to test a new type of "green" rocket fuel, and another platform that aims to propel itself via the pressure of sunlight caught in a large membrane; what's often ca...
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Jul52018 by adminNo Comments
Clock starts for Germany's next wind farm

Clock starts for Germany's next wind farm

Business
July 5 (UPI) -- German energy company E.ON said Thursday the start of turbine installation at the Arkona wind farm in the Baltic Sea sets the clock ticking for a 2019 launch. The company said it started installing the first of the 60 turbines planned for the 385 megawatt facility in the German waters of the Baltic Sea. Once completed, Arkona will have enough power to meet the annual power demand of around 400,000 average households. "We are confident that we will soon be producing clean and sustainable electricity with the first turbines," Holger Matthiesen, the facility's project director, said in a statement. The transformer station for the Arkona wind farm was installed on its foundation in April. It represented one of the largest lift projects of its kind in the industry at more than...
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