AI is making huge strides in understanding our world and the undisputed leader is ChatGPT by OpenAI. So we asked it what it thought the biggest hurdles were for taxes in real estate. It turned out it had a pretty good understanding of what it was looking at. Here's its response. Read More
The growth of M2—a measure of money supply in the economy that includes currency in circulation, balances in retail money-market funds, and savings deposits, and more—had been slowing over the past two years after a surge in 2020, but December numbers show a decline. Read More
The Inflation Reduction Act (IRA) would reduce long-run economic output by about 0.2 percent and eliminate about 29,000 full-time jobs while reducing average after-tax incomes across every income quintile Read More
You may be able to take advantage of a popular tax break that allows you to defer payment of any capital gains taxes due on the sale or maybe entirely avoid them. Read More
Good faith efforts are not enough, because lurking in the regulations are numerous procedures that have to be followed to achieve a successful deferred exchange. Read More
There’s a lot to consider when selling a business and tax planning is at the top of the list. Read More
The treasury secretary tried to stamp out inflation fears that have grown among some economists and business leaders. Read More
The Fed missed the biggest run-up in 40 years, in part because the lessons learned from the last recession weren’t a match for the covid crisis Read More
It's not just Cardi B. Chief executives of some of the country's top companies are also getting really worried about the economy. Read More
Why are some Americans actually eager to file their taxes? Read More
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