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Jgi/jamie Grill | Tetra Images | Getty Images The IRS is waiving roughly $1 billion in late-payment penalties for millions of taxpayers with balances under $100,000 from returns filed in 2020 and 2021. Some 4.7 million individual taxpayers, businesses, trusts, estates and nonprofit organizations are eligible for the relief, which amounts to about $206 per
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Ukraine Tax System Competitiveness vs. EU Member States Skip to content Home • Blog • European Tax Policy Scorecard: How Competitive is Ukraine’s Tax System Relative to EU Member States? On 14 December, the European Council agreed to open accession negotiations with Ukraine. Negotiators from the European Union and Ukraine will now decide what reforms
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In this article CMCSA PARA DIS WBD Follow your favorite stocksCREATE FREE ACCOUNT The Grinch Source: Universal Studios  It’s human nature for a new year to bring optimism and hope. For executives, investors and employees in the entertainment and telecommunications industries, 2024 is set to disappoint. Maybe that’s too grinchy. Some things will get better.
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Inflation may be cooling, but households are still feeling squeezed. After its last policy meeting of the year, the Federal Reserve said inflation has “eased over the past year” while maintaining that prices are “elevated.”  However, the number of households stretched thin has barely budged. As of November, 62% of adults said they are living
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In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Southwest Airlines ranked as the second best domestic airline, according to Bounce’s 2023 Airline Index. Aaronp/bauer-griffin | Gc Images | Getty Images Southwest Airlines and its pilots’ union have reached a new preliminary labor agreement, ending months of tense negotiations. Southwest is the last of
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Patronus AI cofounders Anand Kannappan and Rebecca Qian Patronus AI Large language models, similar to the one at the heart of ChatGPT, frequently fail to answer questions derived from Securities and Exchange Commission filings, researchers from a startup called Patronus AI found. Even the best-performing AI model configuration they tested, OpenAI’s GPT-4-Turbo, when armed with
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Alcohol Tax Modernization: ABV Tax and other Drink Tax Reforms Skip to content December 19, 2023December 18, 202318 min readBy: Adam Hoffer Table of Contents Key Findings Alcohol is one of the most highly taxed products in the United States. The federal government takes a categorical approach to alcohol taxation (e.g., taxing based on classification
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In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT Target’s shuttered small-format store on Folsom Street in San Francisco’s SoMa neighborhood, November 2023. Gabrielle Fonrouge On Sept. 26, Target set off a national firestorm when it said it would close nine stores in four states because theft and organized retail crime had made them
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