Dear Tax Guy, I just started renting my house out on Airbnb. I started a limited liability company to keep the expenses separate from personal ones. I am trying to figure out what would be considered tax deductions in this scenario? I had my own marketing research LLC for around…

Yet another shockingly large increase in hiring in May suggests the U.S. labor market is still running hot, but some economists see a spike in the unemployment rate as a warning sign. The economy added 339,000 jobs in May to mark the biggest increase in four months. Employment gains in…

© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 5, 2023. REUTERS/Brendan McDermid By Hannah Lang, John McCrank and Sinéad Carew (Reuters) – Cryptocurrencies and shares in crypto and blockchain-related companies tumbled on Monday after the U.S.…

By Ange Aboa KATIOLA, Ivory Coast (Reuters) – Drissa Dembele, a farmer and buyer of raw cashews, surveyed unshelled nuts he had spread out to dry on a tarpaulin in a dusty courtyard, unsure of when he would sell them. Dembele, a 36-year-old father of two, had sold only five…

By Hannah Lang (Reuters) – The dollar was on track for its worst daily loss in nearly a month on Thursday as U.S. manufacturing data and comments by Federal Reserve officials reinforced expectations the Federal Reserve will likely skip an interest rate hike at its upcoming meeting. The euro recovered…

By David Lawder WASHINGTON (Reuters) – The U.S. Treasury said it can now meet the federal government’s payment obligations after a debt ceiling suspension, following earlier warnings that it would run short of funds on Monday if Congress failed to act. “Now that Congress has acted to suspend the debt…

The FDIC has issued final regulations that, as of April 1, 2024, will change how bank accounts held in the name of a trust will be insured. This rule change treats both revocable and irrevocable trust the same for determining the limits on insurance. Often clients do not think about…

For the longest time, the China payments market was an oligopoly of the privileged three: first the state-owned UnionPay, and then as the country transitioned to mobile payments, Alipay and Tenpay. U.S. card giants like Visa V , Mastercard MA and American Express AXP as well as PayPal PYPL could…

Investors are constantly bombarded with conflicting information on debt, in small soundbites without much additional context. If you scour the internet for influencers’ takes on debt, you’ll see two major schools of thought: 1. Debt is evil. You must do everything you can to eliminate debt and get out from…

According to NextEarningsDate.com, the Adobe next earnings date is projected to be 6/15 after the close, with earnings estimates of $3.53/share on $4.78 Billion of revenue. Looking back, the recent Adobe earnings history looks like this: The company has an impressive long-term earnings per share chart: And with equally impressive…