Tag Archives: Dsj
Wealthy New Yorkers Are Leaving the City in Bunches, Here’s Where They’re Going
New Yorkers earning between $150,000 and $750,000 fell by almost 6% between 2019 and 2020, according to the NYC Independent Budget Office. The number of real high earners ($750,000+ per year) dropped by nearly 10% in that time. The speculations … Continue reading
The Sec’S Crypto Crackdown Is Just Getting Started After Ftx Blowup
The U.S. Securities and Exchange Commission (SEC) has recently ramped up its efforts to crack down on the burgeoning cryptocurrency market. This increased scrutiny follows the blowup of cryptocurrency exchange FTX, which was accused of violating federal securities laws. The … Continue reading
Supreme Court Seems Likely to “Dismantle” Student Loan Forgiveness Plan
Earlier this year, President Biden announced his plan to cancel up to $20,000 in federal student loan debt for qualified students. This was a monumental decision because of the millions of people across the country who suffer from over $1.6 … Continue reading
Ftx Co-Founder Arrested in Bahamas – Accused of Fraud by Sec
Sam Bankman Fried (also known as SBF) has recently been accused by the SEC of conducting fraud against his investors during a multi-year period. The Securities and Exchange Commission went further to say that the reason SBF conducted this scheme … Continue reading
Irs Gearing up for It and Customer Service Improvements
The news of the IRS receiving roughly $80 billion in funding over the next ten years has been out for quite some time now. Hiring more employees, where the biggest chunk of funding is expected to be used. However, the … Continue reading
Ny Lawmakers Look to Incentivize School Employees to Ease a Shortage
New York state legislators are considering a proposal to offer a tax incentive to school employees as a way to address the ongoing shortage of educators in the state. The measure, which was introduced in the state Assembly would provide … Continue reading
New York Sports Betting Hits $1.5B in November, the Third Highest Total Ever
The New York State Gaming Commission (NYSGC) reported last week that the total sports betting handle in November exceeded $1.5 billion. That number is the highest since March when total money wagered hit $1.64 billion and the 3rd highest month … Continue reading
Early Filers Should Wait on Submitting Tax Returns in 2023, Irs Says
If you are eager to file your tax return for the 2022 tax year in January or February, the IRS has a warning for you. There are some “key documents” you must wait for before you file in 2023.… Continue reading
Ceo Accused of Fraud – Gets Day in Court After Spending Two Years Incarcerated
Markus Braun, the former CEO of digital payment company Wirecard AG, made his first public appearance before a German court last week. The German digital payment company that was ran by Braun, folded after being accused of fraud. This ultimately … Continue reading
Los Angeles Approves Tax Increase on Real Estate Transactions Over $5M
A tax on the sale of mansions and other multi-million dollar real estate deals was approved recently by voters in the city of Los Angeles. A primary goal of this new tax is to provide affordable housing in one of … Continue reading