News That Matters

Tag: them

Most people still don't understand a thing about their credit score, and it's costing them big time

Most people still don't understand a thing about their credit score, and it's costing them big time

Finance
Credit scores greatly impact a consumer's financial moves — and how much they'll pay along the way — yet many don't even know how the rating works. Around 40 percent believe, incorrectly, that age and marital status play a role in their three-digit score, according to the Consumer Federation of America's credit card survey, which included interviews with some 1,000 people from May 31 to June 3 of this year. Only around 20 percent of people fully realize how a low credit score can bring on heftier interest-rate charges. Specifically, that borrowers with a low score can pay about $ 5,000 more on a $ 20,000, 60-mont...
What expats don’t know about this tax rule could cost them $100K or more

What expats don’t know about this tax rule could cost them $100K or more

Finance
It will take more than moving across an ocean to escape the long arm of the IRS. Americans who hold assets in foreign countries are required to report those accounts to the appropriate federal authorities — or else face penalties as high as $ 100,000 or 50 percent of the account balance. Despite the severe punishment for failure to report, Americans abroad still have a lot to learn about their reporting requirements. Those were the findings of a recent survey by Greenback Expat Tax Services. From late March to May 2018, the company polled more t...
How motherhood made them better CEOs

How motherhood made them better CEOs

Finance
YouTube CEO: Longer maternity leave keeps women at work For years, entrepreneur and business journalist Sarah Lacy said people throughout Silicon Valley encouraged her to start her own business. But it wasn't until she had a child that she decided to do it. "I raised money for my first company with my newborn baby in the room with me. I felt like I never had confidence to take that step before," said Lacy, who founded Pando, an investigative journalism site covering the tech industry, six years ago. Last year, she started another company, Chairman Mom, which seeks to provide a judgment-free social platform for working mothers. Motherhood "made me way more ambitious," said Lacy, who writes about her experiences in her book "A Uterus is a Feature, Not a Bug: The Working Wo...
Ray Parlour: 'Arsenal have not been good enough this season – If Burnley finish above them, they'll deserve it'

Ray Parlour: 'Arsenal have not been good enough this season – If Burnley finish above them, they'll deserve it'

Sports
Listen back to Ray Parlour on the Alan Brazil Sports Breakfast below...Tuesday, April 17, 2018Arsenal legend Ray Parlour has told talkSPORT the Gunners have ‘not been good enough’ this season and says Burnley will deserve to finish above them in the Premier League table.Arsene Wenger’s side face missing out on Champions League football for the second successive year as they currently sit sixth in the table, 13 points adrift of the top-four.They still have a chance to qualify if they win the Europe League, but after being drawn against tournament favourites Atletico Madrid in the semi-finals, few expect the north London side to lift the trophy.But as well as finishing well below fourth-placed rivals Tottenham, the Gunners could suffer further embarrassment by ending the season below Se
These tax breaks are vanishing. Grab them while you can

These tax breaks are vanishing. Grab them while you can

Finance
Before you hand in your tax return to the IRS, be sure to go over your receipts: You could miss out on key tax deductions and credits that are about to go extinct.That's because the Tax Cuts and Jobs Act went into effect at the beginning of this year and overhauled the tax code, doubling the standard deduction and doing away with personal exemptions.This means that the 2017 tax year is the last time you'll be filing under the old code and it's the last call for certain tax breaks.Though a number of deductions are scheduled to return at the end of 2025, it will be up to Congress to determine whether these provisions are extended."There are overlooked deductions that are going away, including unreimbursed employee expenses and job-search expenses," said Lisa Greene-Lewis, a CPA with TurboTax...