• Wed, March 5, 2025

by: CNET

Did You Receive a 1099-K? Make Sure You Don't Make This Costly Mistake

Because of the way IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send you a refund for the difference. If you report too much income, the IRS simply assumes that you were paid for some work in some other way, such as by cash or check, rather than an electronic payment processor.

by: Impacts

Unmasking Cryptocurrency Trading Schemes: The Rise of Lead Funnels, Redirects, and Fake Investment Schemes in the Digital Age.

Cryptocurrency trading has revolutionized the financial landscape, offering unprecedented opportunities for investors worldwide. However, this digital frontier has also become a fertile ground for sophisticated scams that exploit technological advancements and human psychology.

by: Kiplinger

10 Ways to Refine Your Financial Plan for a More Secure Future

Significant benefits throughout the rest of the year can be had if you take some time now to revisit your financial plan and adjust accordingly.

by: business

Treasury bill rate decline: Macroeconomic and fiscal implications

Ghana's short-term interest rates have experienced a historic decline in the early weeks of President John Mahama's administration, marking a significant shift in the country's financial landscape. Within the first 50 days of his leadership,

by: MarketWatch

Say hello to the 10% savings account - and 9 more of the highest APY savings accounts in March 2025

The absolute highest deposit yields tend to come from online banks and smaller institutions like credit unions (which may have membership requirements) - and you may have to jum

by: WJTV

The Latest: The world reacts to Trump's 'swift and unrelenting action' as president

President Donald Trump vowed more "swift and unrelenting action" reorienting the nation's economy, immigration and foreign policy in an unyielding address before Congress as Democratic lawmakers

by: rnz

'1000 cleaner ways to do this': Call for answers on Orr resignation

The rate is set by the bank's monetary policy committee (MPC), which includes Orr and Hawkesby, as well as assistant governor Karen Silk, chief economist Paul Conway, and external members Professor Bob Buckle, Carl Hansen and Professor Prasanna Gai.

by: Fortune

Agentic AI is suddenly everywhere. Here's how companies are evaluating and using these buzzy tech tools

Agentic AI is the hot new tech trend. Companies are still figuring out what to deploy without overspending.

by: blogTO

Toronto was just named among world's best cities for career growth

Two cities in Canada have been named among the world's top 20 for career growth. Whether you're just beginning or looking to pivot, many factors can

by: Huawei

Huawei Unveils Five Innovative ICT Services & Software Solutions to Enable Digital Intelligence Acceleration

Bruce Xun, President of Huawei Global Technical Service, unveiled five innovative ICT Services and Software solutions and best practices at the Huawei product and solution launch event held during MWC Barcelona 2025.

by: Reuters

UK finance, defence trade bodies explore funding blueprint for arms race

Top trade bodies for Britain's financial services and defence industries met on Wednesday to craft a wishlist of policy reforms they say could drive more debt finance and equity capital towards Britain's defence sector,

by: MSN

UK SMEs warn of business strain as NI hike bites: poll

More than four in ten small and medium-sized enterprises (SMEs) in the UK say the government's increase in National Insurance Contributions (NIC) for employers will negatively impact their business, according to new research from specialist lender Shawbrook.

by: Forbes

Fintech's Next Big Challenge? Thriving In An Era Of Regulatory Uncertainty

Cryptocurrency is undergoing a fundamental transformation, shifting from a speculative asset to a regulated financial instrument.

by: Marketplace

10-year Treasury yields are falling. Want the good news first?

While falling T-note interest rates may be good news for borrowing, it could also be a bad sign for the economy.

by: Tuko

Kiharu MP Ndindi Nyoro Kicked out As Budget and Appropriations Committee Chair

Kiharu Member of Parliament Ndindi Nyoro has been removed from his position as chairperson of the National Assembly's Budget and Appropriations Committee.

by: Variety

Jen Hollingsworth, Former Lionsgate and Flawless AI Executive, Named CEO of Cast & Crew (EXCLUSIVE)

Jen Hollingsworth, a former top executive at Lionsgate and Flawless AI, has been appointed CEO of Cast & Crew.

by: Politico

Crypto Can't Stop Fighting Itself

The least controversial of the major crypto bills would put rules around stablecoins, a type of privately issued digital cash that is pegged to the value of the U.S. dollar. But even this legislation is already wrapped up in crypto-versus-crypto drama.

by: manilatimes

NN, Inc. Reports Fourth Quarter and Full Year 2024 Results

NN is tracking on pace with its 5-year sales growth and diversification goals and has delivered a 2-year new business wins total of $136 million. The Company has won $13 million in new wins in 2025 YTD and remains on pace with its business development efforts.

by: MSN

Stock market today: Wall Street rebounds after Trump pulls back on some of his tariffs

U.S. stocks climbed Wednesday after President Donald Trump pulled back on some of his tariffs temporarily. The move revived hope on Wall Street that Trump may avoid a worst-case trade war that grinds down economies and sends inflation higher.

by: Forbes

The Hidden ROI Of Risk Management: Why Prevention Pays More Than Cure

According to a recent study, organizations with higher risk maturity levels consistently demonstrate improved financial performance. As CEO of a company pioneering AI-powered risk intelligence solutions for global enterprises,

by: Huawei

All Intelligent Operations Enables New Growth

Huawei, together with global operators, partners, and industry organizations, discussed how operators can upgrade their operations models, reimagine new experiences, and enable new growth at the Intelligent Operations Summit held during MWC Barcelona 2025.

by: rnz

Shock and Orr: The sudden resignation of the central bank governor

These things happen' was all the chair of the Reserve Bank really had to say about the sudden departure of governor Adrian Orr, writes Gyles Beckford.

by: Reuters

Trump triggers trade war, price hikes with tariffs on Canada, China and Mexico

The tariff actions, which could upend nearly $2.2 trillion in two-way annual U.S. trade, went live hours after Trump declared that all three countries had failed to do enough to stem the flow of the deadly fentanyl opioid.

by: Fortune

Deloitte is tracking office attendance to decided bonuses for some staff

Deloitte, a proponent of flexible work, has added office and client site attendance to its performance metrics for a team in the US.

by: manilatimes

Prenetics Announces Fourth Quarter and Full Year 2024 Financial Results, Provides 2025 Guidance

CHARLOTTE, N.C., March 05, 2025 (GLOBE NEWSWIRE) -- Prenetics Global Limited (NASDAQ: PRE) ("Prenetics" or the "Company"), a leading health sciences company, today announced its preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2024, along with recent business updates.

by: Politico

Trump's go-it-alone vision for America

In his first speech to a joint session of Congress since his return to the presidency, Donald Trump didn't talk much about the elephants in the room - his fellow Republicans.

by: Forbes

Trump Speech To Congress Renews Call For No Tax On Tips

Trump speech to Congress doubles down on his desire for no tax on tips as well as no tax on overtime pay for American workers

by: Reuters

Explainer: UK's Reeves working to get budget goals back on track

British finance minister Rachel Reeves is working out how she can get back on track to meet her budget targets, with spending cuts widely expected when she delivers an update on the public finances on March 26.

by: MSN

Wall Street Loots Federal Loans Meant for Affordable Housing

When a private equity giant bought California-based grocery chain Cardenas Markets in 2022, grocery workers like Maria Vargas saw their hours slashed. "I can't cover my expenses anymore," said Vargas,

by: MSN

How will Canada, Mexico tariffs impact travel? Here's what you should know.

President Donald Trump's latest tariffs are likely to have some impact on travelers, though it won't be as immediate or noticeable as in other areas.

by: Reuters

Dollar Tree appoints former Tyson executive as CFO

(Reuters) -Dollar Tree on Wednesday named former Tyson Foods executive Stewart Glendinning as chief financial officer amid new CEO Michael Creedon's efforts to accelerate a revamp at the company struggling with weak demand and intense competition.

by: MSN

Top earners are increasingly isolated at work. Here's why it matters

Nike's current CEO, Elliott Hill, began his career at the global footwear giant as an intern fresh out of university, steadily making his way up the ranks.

by: MSN

What is a Financial Consultant?

Learn about financial consultants, their services, and how they can help you achieve your financial goals. Discover the key differences between financial consultants and advisors.

by: MSN

Stellar (XLM) vs Rexas Finance (RXS): Which One Will Outperform Ripple (XRP) in 2025?

Stellar and Ripple concentrate mostly on cross-border transactions, restricting their possible influence in one industry.

by: MSN

Indigenous leaders optimistic after resumed U.N. biodiversity conference in Rome

By Justin Catanoso Indigenous peoples and local communities scored perhaps the most tangible progress as the 16 United Nations, or COP16 concluded after three days of final negotiations in Rome on Feb.

by: MSN

Trump administration signals Canada, Mexico tariffs may soon have exemptions

Commerce Secretary Howard Lutnick said there might be carve-outs coming to the 25% tariffs placed on Canada and Mexico by President Trump.

by: MSN

Wall Street delivers its judgment of Trump's economic policy

by: MSN

Economics professor explains how prices could change as Mexico, Canada tariffs take effect

Economists say those costs will likely be passed on to you as the consumer — not the country the products are coming from.

by: MSN

Freddie Freeman's net worth 2025: Income, contracts, ad revenue, and everything else

Freddie Freeman, the all-star first baseman for the Los Angeles Dodgers, has accumulated a net worth of $80 million through his lucrative MLB contracts, endorsement deals, and smart investments. His financial empire thrives on strategic planning and business acumen,

by: MSN

W.R. Berkley Stock Trades Above 50-Day SMA: What Should Investors Do?

W.R. Berkley Corporation WRB has been trading above its 50-day simple moving average (SMA), signaling a short-term bullish trend. The stock closed at $62.23 on Tuesday, near its 52-week high of $65.49.

by: MSN

JAIN (Deemed-to-be University) Introduces BBA in Global Business: Pioneering Global Leaders of Tomorrow

Center for Management Studies (CMS), a name synonymous with academic excellence and industry-aligned education, proudly announces its Bachelor of Business Administration (BBA) (Honours / Honours with Research) in Global Business for the academic year 2025-26.

by: MSN

Committed to leveraging tech to strengthen traditional sectors: Nirmala Sitharaman

by: MSN

David's Bridal taps new CEO as it looks to become media company, build online marketplace

David's Bridal, which has emerged from two bankruptcies, is working to become a media company and marketplace that uses vendors to produce and ship products.

by: MSN

Clara Shih, head of business AI at Meta, on the 'agentic' future of the economy

Mark Zuckerberg's top AI executive for business relationships, Clara Shih, envisions AI agents soon representing hundreds of millions of companies, from the largest to smallest.

by: MSN

McLaren plans more tech investment to boost operations, finance chief says

British Formula One team McLaren Racing is open to investing in more technology platforms and teaming up with financial service providers to streamline its business operations, its chief financial officer has said,

by: MSN

UK business confidence in crisis, new report says

More than three quarters of bosses have low confidence in the UK business environment, according to a survey by the Adam Smith Institute (ASI) think tank. The ASI Business Confidence Survey took the temperature of 192 business leaders,

by: MSN

Design Software Stocks Q4 Results: Benchmarking Procore (NYSE:PCOR)

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let's take a look at how Procore (NYSE:PCOR) and the rest of the design software stocks fared in Q4.
  • Thu, March 6, 2025

by: AOL

Sleep Number (SNBR) Q4 2024 Earnings Call Transcript

Welcome to Sleep Number's Q4 and full year 2024 earnings conference call. All lines have been placed in a listen-only mode until the question-and-answer session. Today's call is being recorded. If anyone has objections, you may disconnect at this time.

Did You Receive a 1099-K? Make Sure You Don't Make This Costly Mistake

Because of the way IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send you a refund for the difference. If you report too much income, the IRS simply assumes that you were paid for some work in some other way, such as by cash or check, rather than an electronic payment processor.
The article from CNET discusses the implications of receiving a Form 1099-K, which is used to report income from payment card and third-party network transactions. It highlights a common and costly mistake made by taxpayers: assuming that the amount reported on the 1099-K represents their total taxable income. Instead, the article explains that the 1099-K might include transactions that are not taxable, such as reimbursements or transfers between personal accounts. It advises taxpayers to carefully review their transactions, subtract any non-taxable amounts, and only report the actual income on their tax returns. The piece also notes changes in the reporting thresholds for 1099-K forms, which could lead to more people receiving this form, and emphasizes the importance of understanding what constitutes taxable income to avoid overpaying taxes or facing penalties for under-reporting.

Read the Full CNET Article at:
https://www.cnet.com/personal-finance/taxes/did-you-receive-a-1099-k-make-sure-you-dont-make-this-costly-mistake/

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