how to avoid tax on savings account If you keep money in a regular savings account you will generally owe federal income taxes on the interest that is earned. You’ll pay taxes at your regular rate the...
Tag: Paying
Microsoft Accuses Sony Of Paying Publishers To Keep Games Off Xbox Game Pass
UKRAINE – 2022/01/20: In this photo illustration, the Sony logo is seen displayed on a smartphone … [+] screen with a Microsoft logo in the background. (Photo Illustration by Pavlo Gonchar...
Are you paying 1% to your financial adviser? This move may save you thousands
Are you paying too much to your financial adviser? Getty Images/iStockphoto Many financial advisers charge based on how much money they manage on your behalf, and 1% of your total assets under managem...
Australia First Reward Card Program Launches, Paying Rewards In Ripple (XRP)
– Advertisement – CryptoSpend users will earn up to a 3% bonus in XRP for spending both fiat and cryptocurrencies. CryptoSpend, a cryptocurrency company, has launched Australia’s first ...
Why Banks Are Paying Savers So Little, and What to Do About It
Online-only banks have yields of 1.5% and even 2% right now. That’s better than you’ll do at any brick-and-mortar bank. Dreamstime Text size The Federal Reserve has raised interest rates f...
Big Oil Is Paying Out Years of Dividends in One Day
(Bloomberg) — Some oil and gas companies are flush with so much cash that they are paying out a full year’s worth of dividends in a single day — and sometimes more than that. Most Read fro...
8 REITs Paying Huge Dividends Priced Under $10 Per Share
One of the main reasons for investing in real estate investment trusts (REITs) is the kind of dividends many pay. While Treasury bonds are just beginning to catch up with inflation, some REITs offer b...
This savings account is now paying 5% — plus other accounts that offer $100+ cash bonuses and more
Some savings accounts pay far more than others Getty Images/iStockphoto The national average interest rate for savings accounts is a paltry 0.11%, according to Bankrate data from July 27. The good new...
Still paying with checks? A spike in mail theft is making them a more risky way to pay
Still paying with checks? A spike in mail theft is making them a more risky way to pay A few days after dropping off a small $25 check in the mail, Dave Wood discovered a not-so-small withdrawal on hi...
Mississippi Woman Jailed for 10 Years After Paying for Murder in Bitcoin
The US Department of Justice sentenced the 40-year-old resident of Pelahatchie, Mississippi – Jessica Sledge – to the statutory maximum of 10 years in Federal Prison. In 2021, the woman hired a “hitma...
Bitcoin For Murder: Woman Gets 10 Years In Jail After Paying ‘Hitman’ To Kill Husband
Bitcoin is now being used by bad people to satisfy their hate. The U.S. Department of Justice announced Tuesday that a Mississippi woman was sentenced to spend a maximum of 10 years behind bars for he...
Inter Conceals Main Sponsors Digitalbits for Not Paying First Sponsorship Instalment – crypto.news
On July 29th, 2022, Gazzetta, an Italia sports publication, announced that Inter Milan obscured their main sponsor, DigitalBits. This came as the blockchain network failed to submit the first installm...
El Salvador’s Finance Minister Says Bitcoin Investment Is Still Paying Off – crypto.news
Alejandro Zelaya, El Salvador’s finance minister, believes the Bitcoin (BTC) experiment is proceeding as planned and that people shouldn’t anticipate results right away. Strong Faith in Bitcoin Alejan...
2 “Strong Buy” Dividend Stocks Yielding at Least 7% (And Paying Cash Monthly)
The stock market is down so far this year; despite a rally since mid-June, the S&P is still down 15% year-to-date and the NASDAQ is down 23%. Share price drops like these get investors thinking ab...
3 Undervalued Stocks Paying Decent Dividends
Price, Value. getty These are big stocks now trading at or below book value with low price/earnings ratios and which are paying dividends. That’s a sweet combination if you’re a value person. If you’v...
The Final Evolution of Paying With Shells
Decentralized Stablecoins: There has been a 5,000-year search for stronger money: from shells to stablecoins. Decentralized Stablecoins might be the final solution, as this model is needed for a retur...
Digital Yuan, First used For Paying “Local Taxes,” Will continue to expand Use cases
The Chinese Digital Yuan was first used to pay Local Taxes. The First loan issued in digital Yuan of nearly $445K US dollars to ” enterprise talent.” After banning all fo...
Consumers paying average $10,000 above ‘normal’ prices for used cars
Jim Watson | AFP | Getty Images It’s no secret that used-car prices have skyrocketed over the last two years amid an industry turned upside down by supply-chain issues and reduced new-car invent...
Stop paying cancelation fees on flight tickets, sell it on TKTZ’s marketplace
What does an NFT collection have to do with the greatest airline revolution in general, and your long-awaited holiday in particular? A Flying Potato! How? Let’s start at the beginning. Over 4.5 billio...
Webtoon Is Paying Its Creators Millions To Make Mobile Comics
Eatornal Noctournal, a popular series on Webtoon by artist instantmiso instantmiso/Webtoon Webtoon, the popular mobile online comics platform owned by Korean tech giant Naver, just announced its payme...
Americans are paying record-high prices for new vehicles
A sign advertises to purchase cars at a used car dealership in Arlington, Virginia, February 15, 2022. Saul Loeb | AFP | Getty Images DETROIT – If investors are looking for signs of a recession or wea...
Celsius officially declares bankruptcy after paying down DeFi loans
CNBC reported Wednesday night that Celsius has informed: “state regulators that it’s filing for bankruptcy ‘imminently.” The company will move toward chapter 11 bankruptcy as it struggles to deal with...
Celsius unlocks another $195 million in collateral after paying off debt to Compound
Cryptocurrency lender Celsius Network, which had to halt withdrawals on June 13 due to liquidity issues, has fully paid off its debt of over $50 million worth of DAI to decentralized finance (DeFi) pr...
G20 countries are paying close attention to crypto regulations
The Financial Stability Board (FSB) has announced the launch of a proposal that introduces rules that will regulate the cryptocurrency space and supervise the sector. The FSB is an organization that c...
Crypto Exchange OKX Is Paying $20 Million-Plus To Sponsor Manchester City Training Kit This Season
Manchester City added its fourth Premier League crown in five years in 2022. Alex Livesey/Getty Images Cryptocurrency exchange OKX is doubling down on Manchester City. On Sunday, the company announced...
Celsius Pivots Toward Paying Off Aave, Compound Debt, With $950M Collateral as Prize
Celsius, the liquidity-strapped crypto lender that this week paid down $223 million of loans on the blockchain protocol Maker to free up $450 million in collateral, now might be trying a similar strat...
With $950 Million in Collateral as the Prize, Celsius Turns to Paying Off Aave, Compound Debt
The cash-strapped cryptocurrency lender Celsius, this week paid off $223 million in loans on the Maker blockchain technology to release $450 million in collateral. In a new development, it may attempt...
Chinese court bans businesses from paying salaries in Tether stablecoin
A Chinese court has ruled that the Tether (USDT) cryptocurrency cannot be used to pay salaries citing the country’s general ban on the circulation of digital assets. In issuing the ruling, the court ...
Coinbase Expanding In Europe to Gain Some Paying Customers
Amidst Crypto Winter, after laying off 1000+ employees, Coinbase is now looking to expand in European countries to gain some customers. Coinbase is seeking licenses across Europe to create a smoother ...
Trump’s New York Contempt Ruling Lifted After Paying $110,000 Fine
Topline A New York Supreme Court judge lifted a civil contempt order against former President Donald Trump on Wednesday, according to multiple reports, which stemmed from the ex-president’s refu...
Bitcoin mining company Compass Mining loses facility for not paying electricity bill
Compass Mining is a Bitcoin (BTC) hosting company offering managed mining services to Bitcoin miners. Customers can purchase ASIC miners from the Compass website and have them installed at one of seve...
U.S. Paying More to Borrow as Fed Raises Rates, Inflation Stays Elevated
Yields on U.S. Treasurys are rising as the Federal Reserve lifts interest rates to try to cool inflation, a development that could increase the federal government’s borrowing costs over time to levels...