by Leif Jensen | Jun 21, 2021 | Running a Business |
Seemingly good news for U.S. automakers planning their future shift to electric vehicles: The recent $2 billion settlement between SK Innovation and LG Chem, following a trade-secrets dispute between the South Korean battery manufacturers. The settlement means SK...
by Leif Jensen | Jun 16, 2021 | Investing |
It is possible that regulators may soon approve the first U.S. exchange-traded fund for bitcoin. Investors who have watched the cryptocurrency’s value soar since 2017 have understandably grown interested in gaining exposure to bitcoin via an ETF, rather than holding...
by Leif Jensen | Jun 15, 2021 | Taxes |
For 2021, the maximum amount of tax-free employer-provided dependent care benefits increased to $10,500. This means an employee can set aside $10,500 in a dependent care flexible spending account, instead of the normal $5,000. Workers can only do this if their...
by Leif Jensen | Jun 14, 2021 | Taxes |
Child and dependent care credit increased for 2021 only The new law increases the amount of the credit and the percentage of employment-related expenses for qualifying care considered in calculating the credit, modifies the phase-out of the credit for higher earners,...
by Leif Jensen | Jun 9, 2021 | Taxes |
Over the years I have done presentations to all sorts of professionals that believe they know the tax laws better than I. I am not talking about my peers who love to memorize the code, the rates and nuisances. They know it off the top of their heads, where I may...
