Sunday, January 17, 2021

Biden's $1.9 trillion plan for the economy - Marketplace

Publisher: Marketplace
Twitter: @Marketplace
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Quite a lot has been going on:

Law in the Marketplace: How should accountants compute your federal pass-through deduction?

Many federal tax scholars have described the section 199A pass-through deduction available to qualified taxpayers as "overwhelmingly complex." (Under section 199A, "qualified taxpayers" means owners of sole proprietorships, of S corporations and of entities, such as multi-member LLCs, taxable as partnerships.) But the deduction is tremendously important to these taxpayers – it can be up to 20% of their shares of the net business income of their business.

-- President-elect Biden has indicated that at some point after he takes office, he will amend section 199A so that it will apply only to qualified taxpayers whose annual joint or single taxable income is less than $400,000. It is unclear whether he will extend the section beyond 2025, when its terms provide that it will expire.

Publisher: Concord Monitor
Date: 1/16/2021 5:39:56 PM
Twitter: @conmonitornews
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Biden unveiling $1.9T plan to stem virus, steady economy - Marketplace

President-elect Joe Biden is unveiling a $1.9 trillion coronavirus plan Thursday to turn the tide on the pandemic, speeding up the vaccine rollout and providing financial help to individuals, states and local governments and businesses struggling with the prolonged economic fallout.

Called the "American Rescue Plan," the legislative proposal would meet Biden's goal of administering 100 million vaccines by the 100th day of his administration, while advancing his objective of reopening most schools by the spring. On a parallel track, it would deliver another round of aid to stabilize the economy while the public health effort seeks the upper hand on the pandemic, said aides who described the plan ahead of a speech by Biden on Thursday evening.

Publisher: Marketplace
Date: 2021-01-15T00:04:46-08:00
Twitter: @Marketplace
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Vegan Marketplace PlantX Files for NASDAQ Listing | VegNews

Plant-based marketplace PlantX has applied to list its common shares on the NASDAQ Capital Market. The move to launch a new capital markets strategy focused on the United States aims to enhance the Canadian company’s investor profile and visibility while accelerating growth. The company is currently listed on the Canadian Securities Exchange under the symbol “VEGA.”

A one-stop shop
PlantX aims to be the one-stop shop for everything plant-based, offering customers across North America a variety of services such as plant-based meal delivery, indoor plant delivery, and access to more than 10,000 products. The company is currently working to expand its product lines to include cosmetics, clothing, and its own water brand. 

Publisher: VegNews.com
Twitter: @VegNews
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While you're here, how about this:

Civil society is "fragile" says outgoing FCC Chair Ajit Pai- Marketplace

Ajit Pai, the chairman of the Federal Communications Commission, steps down next week, as is customary at the change of administrations.

But the defining ruling of the FCC under Pai has been his decision to undo something called net neutrality — earlier policies that said internet service providers can’t slow down some traffic on their networks in favor of others. The market, Pai believes, should decide. “A light touch framework,” he calls it, and he thinks it’s worked out pretty well.

Publisher: Marketplace
Date: 2021-01-15T23:21:46-08:00
Twitter: @Marketplace
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Food Universe Marketplace Open in Bensonhurst - Bklyner

Food Universe Marketplace opened at 1982-84 86th street, on the corner of 86th and 20th avenue, right by the 20th Ave D train station, on January 11, 2021.

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Food Universe Marketplace is part of the Key Food Stores franchise, and the concept was introduced in 2014. “Each Food Universe will be able to cater to their individual neighborhood’s needs — ranging in sizes and product offerings,” the company said at the time.

Publisher: Bklyner
Date: 2021-01-15T17:39:21 00:00
Twitter: @bklyner
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Job openings lag as uncertainty about pandemic, politics persists - Marketplace

New data on job openings and postings provide a glimpse of what to expect in the job market in the coming weeks and months.

This time of year typically sees a spike in hiring and job-search activity, said Jill Chapman with Insperity, a recruiting services firm.

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“I think that we’re still feeling, ‘Let’s just take a pause, let’s just look, let’s just wait,’ ” she said. “We’re all just collectively holding our breath.”

Publisher: Marketplace
Date: 2021-01-12T22:56:35-08:00
Twitter: @Marketplace
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Friday is last day to enroll in Pa. health insurance marketplace | Pennsylvania News | wfmz.com
Publisher: WFMZ.com
Author: WFMZ TV
Twitter: @69News
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