Last September, Lady Gaga caused quite a stir by showing up to the MTV Video Music Awards in a dress made entirely of meat. The episode set the blogosphere ablaze, earning Gaga admiration from the avant garde and scorn from vegetarians and other opponents of wretched excess. Strangely enough, the meat [...]
More than 100 current and retired corporate and not-for-profit executives released a statement today calling for immediate bipartisan negotiations “with everything on the table” to reduce the federal deficit. The statement, organized by the centrist, business-backed Committee For Economic Development, says the $14 trillion and growing national debt “could be the major threat to our nation’s future economic growth and financial stability.” While the statement is short on specifics, three signers[...] read »
You may want to keep a foreign bank account secret from your spouse, employer or business partner. But if you are trying to keep it secret from the IRS, think again. U.S. citizens and permanent residents must report their worldwide income to the IRS. That includes interest on foreign accounts even if taxed in another country. read »
T. Rowe Price's Dave Eiswert on outsourcing business to the Web, plus companies to watch in Asia.
The IRS gave taxpayers an extra day, which thoughtfully included a weekend (until April 18th), to finish tax returns and send them in this year. Those that are expecting refunds have probably already signed them, mailed them and received their refunds via direct deposit—and for many the money is already long gone. It might have been spent on a new super thin iPad, an HDTV or a trip to Disneyland with the family. Some might have used it to pay off credit card debt from last year’s vacation. Spending[...] read »
T. Rowe Price's David Eiswert on companies leading the next wave of growth in computing technology.
For many, this tax return filing season just came to a close. When you or your accountant hit send to e-file or you licked that last stamp--hopefully certified mail--you may be done 'til next year. For many others, an automatic extension means you now have six more months to attend to this duty. read »
Most of the talk in Washington about “hard choices” is, so far, just that: talk. Taking the edge off further is the reality that actual consequences are years or decades away, and will be altered by new choices in the months and years ahead. read »
T. Rowe Price's David Eiswert on how innovation is changing technology playing field.
Few, if any other group of Americans, feel the tax burden more than small business owners. There are business income taxes, employment taxes, personal income taxes and more that each small business owner must shoulder each year. read »