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The IRS has announced that it will grant penalty relief for corporations that did not pay estimated tax in connection with the new corporate alternative minimum tax, or CAMT. Background As part of the Inflation Reduction Act of 2022, Congress created the CAMT. The change, which is reflected in section…

If you are a long-term investor, you most likely have your portfolio allocated in a diversified manner, with equity exposure that extends beyond the US borders to include foreign Developed Market (DM) and possibly Emerging Market (EM) exposure. As pertains to the equity component, strategic asset allocation approaches frequently seek…

The Some College, No Credential (SCNC) population grew to 40.4 million as of July 2021, according to the latest research by the National Student Clearinghouse Research Center.  SCNC adults are recognized as those who left postsecondary education without receiving any credential and are no longer enrolled in a postsecondary program.…

U.S. wage growth has slowed sharply over the past year and is on pace to return to pre-pandemic levels by early 2024, according to new data from career site Indeed. The wage tracker – based on salaries for job advertisements listed on Indeed – showed that salaries were up 5.3%…

AMSTERDAM, Netherlands — At last year’s Money 20/20 — Europe’s marquee event for the financial technology industry — investors and industry insiders were abuzz with talk about embedded finance, open banking, and banking-as-a-service.As nebulous as these terms may be, they reflected a very real push from tech startups, including the…

New Mexico reached a $500 million settlement agreement with Walgreens over the pharmaceutical giant’s role in the opioid epidemic, lawyers for the state said Friday. The plaintiffs argued Walgreens “dispensed millions of potentially harmful opioids into communities across New Mexico” by failing to red-flag prescriptions that weren’t needed for medical…

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