The IRS wants Circle, a Boston-based fintech company that enables trading of various types of cryptocurrencies, to produce account registration information, account activity records, and other materials for clients who had at …
Read More »Plug Power to reformulate financial statements, stocks plummet
Shares of Plug Power Inc. fell more than 10% in Tuesday’s extended session after the fuel cell company said it will have to restate financial statements for fiscal years 2018 and 2019, …
Read More »If you are self-employed, don’t file your taxes without taking advantage of these two new tax breaks
We are in tax season. But if you are a busy sole proprietor, partner, or LLC member, you may not have been able to file your 2020 Form 1040. If so, you …
Read More »Tanger Shares take a wild ride
Text size A worker carries a broom past closed stores at the Tanger Outlets in Atlantic City, New Jersey. Tanger shares rose on Thursday. Angus Mordant / Bloomberg Tanger Factory Distribution Centers …
Read More »Greensill Capital faces potential insolvency after Credit Suisse suspends mutual funds
Specialist finance firm Greensill Capital headed for a rapid collapse after Credit Suisse Group AG suspended $ 10 billion in mutual funds that fueled the SoftBank Group Corp.-backed startup. With a key …
Read More »McKinsey partners vote against leader after opioid deal and other crises
Partners at McKinsey & Co. voted to replace Kevin Sneader as the leader of the elite consulting firm, following internal dissatisfaction with the steps he took following a series of crises for …
Read More »Do you need to report bitcoin transactions on your taxes? Here are 5 things to know first
Treasury Secretary Janet Yellen is not very good at bitcoin, a point she recently reiterated when she called the digital currency speculative and “inefficient.” That doesn’t mean that Yellen and the department …
Read More »IBM explores sale of IBM Watson Health
International Business Machines Corp. is exploring a possible sale of its IBM Watson Health business, according to people familiar with the matter, as the tech giant’s new CEO moves to streamline the …
Read More »US wine importers are now paying the price for the Trump administration’s trade dispute with the European Union
Wine sellers struggling to survive the coronavirus pandemic are now also coming under fire for the United States’ fight with the European Union over airplane subsidies. “This is sure to put some …
Read More »This is how Tilray, Sundial, and other marijuana stocks stack up
Marijuana stocks are experiencing a wave of renewed interest after months of positive political developments. They have also caught the attention of some of the same retailers on Reddit’s WallStreetBets forum that …
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