Bill Murray (not that one) was at the top of his game, so to speak, until an epic fall from grace. In December 2009, the 54-year-old tax accountant was charged with defrauding more than 50 clients of his Sacramento firm, Murray & Young Accountancy, out of more than $13.3 million. He subsequently pleaded guilty and was sentenced to 19.5 years in federal prison. The saga played out like a reality TV crime drama, from beginning to end.
For many parents, putting a kid in daycare costs more than the rent. And the price continues to climb.
Entrepreneurs tend to be forward-looking: They aim to develop cutting-edge technologies and drive industry-changing innovation with an eye toward shaping the future. Having a long-term outlook should be applauded — and that view should extend to personal finance topics, as well.
Current system ill-serves the millions of people who earn income from on-demand platforms by exposing them to possible audit and penalties for misreporting their income.
We’ll be hearing a whole lot of buzz about wage parity this year — in part because groundbreaking research conducted by New York University, University of Pennsylvania and the University of Haifa in Israel identifies flat-out gender bias as the elephant in the room affecting wage parity. This new study, titled “Occupational Feminization and Pay,” is the single most comprehensive study on wage parity in the U.S. to date.
Everyone knows the basic rule for building good credit: Pay your bills on time, for a long time. What many people don’t realize is how important it is to use far, far less than the total amount of credit available on your cards.
The Sacramento Kings have launched a three-point shot in becoming the first NBA basketball team to accept the digital currency bitcoin.
For more and more investors and would-be funders, nonprofits need to have more than a worthy cause and a compelling mission: They need a plan. Specifically, they’re now being asked to showcase the same mindset that’s required of for-profit organizations, meaning that spreadsheets, metrics and core competencies can matter just as much as pulling the heartstrings.
California has reached a deal to raise its statewide minimum wage to $15 an hour. This would certainly be a breathtakingly broad political experiment. The question is whether it will turn into a breathtaking disaster.
Ann Thompson, a regional sales executive for Bank of America, knows that the surest route into the hearts and minds of millennials is through their hands — not hand-holding, but talking to them through technology. “They want to be self-served and want things convenient,” Thompson says. “So, we have to reach them through that thing they hold in their hands, a smartphone.”