Taxes - Donnecommebernard

Why SoFi Technologies Stock Plunged 12.5% After Earnings

October 29, 2024 | angela | Leave a Comment

SoFi Technologies (NASDAQ:SOFI) The stock fell 12.5% as of 9:45 a.m. ET Tuesday, despite beating on sales and profit in its earnings report this morning. Looking at earnings, analysts forecast that the online bank would post earnings of $0.04 per share on $632.3 million. In fact, SoFi reported earnings of $0.05 per share and revenue […]

Social Security is announcing two big changes for 2025

October 25, 2024 | angela | Leave a Comment

Social Security announced changes that will affect the amount of money current and future retirees have next year. Christy Bieber | The colorful fool Recently, the Social Security Administration announced two important changes that will affect both current and future retirees. Both changes relate to how much money you'll have in your pocket next year. […]

Tesla unexpectedly reports a profit of $2.17 billion in the third quarter, up 17.3% from a year ago

October 23, 2024 | angela | Leave a Comment

Tesla unexpectedly reports a profit of .17 billion in the third quarter, up 17.3% from a year ago

DETROIT (AP) — Tesla's net profit rose 17.3% in the third quarter from a year earlier as electric vehicle sales rose. The Austin, Texas-based company said Wednesday that it earned $2.17 billion from July to September, higher than its profit of $1.85 billion in the same period in 2023. The profit came despite price cuts […]

IRS: Taxpayers will get larger standard deductions in 2025

October 23, 2024 | angela | Leave a Comment

NEW YORK (AP) — U.S. taxpayers will again see higher standard deductions in 2025, allowing them to shield more of their money from taxes on future earnings. The Internal Revenue Service detailed the increases in its annual inflation Adjustments announced on Tuesday. For single and married individuals who file separate tax returns for the 2025 […]