A new Tax Court ruling is a warning for U.S. limited partners in global funds, imposing new … More self-employment (SECA) tax risks. U.S. limited partners in foreign funds like Cayman or Luxembourg partnerships must ensure passive roles to avoid costly SECA tax liabilities. getty The U.S. Tax Court decided Soroban Capital Partners LP v.
Georgia-Based Startup is Redefining How Everyday Americans Reclaim Forgotten Assets from Institutions That Lost Touch ATLANTA, GA / ACCESS Newswire / June 17, 2025 / GovRecover, a licensed, tech-enabled asset recovery service, announced today it has surpassed $16.2 million in recovered funds-less than a year after its founding in June 2024. Making a meaningful difference
Steven Brod, CEO and CIO of Crystal Capital Partners, LLC, a portfolio-centric alternative investment platform for financial advisors. getty Hedge funds aim to provide downside protection and returns less correlated with traditional markets, especially during market stress and downturns. As investors debate what the second half of the year will hold, one thing is clear:
Jeff Hansen ESCANABA — Drifters Restaurant in Escanaba is collecting money for the family of Jeff Hansen, chief of the Hannahville Tribal Police Department, who recently had surgery to remove a cancerous brain tumor and will soon be undergoing chemotherapy and radiation at University of Michigan. Owner Liza Plourde of Drifters is a friend of
City of Dunkirk officials bought two fire trucks in 2023 that “were never really budgeted for.” The city of Dunkirk currently has no obvious way to pay for two new fire trucks that are supposed to get delivered in September. “There were two fire trucks bought in 2023 that were never really budgeted for,” City
It is the second time the nonpartisan Government Accountability Office has found the administration illegally impounded funds. WASHINGTON — The Trump administration broke the law when it withheld funding for the nation’s libraries, a nonpartisan government watchdog said Monday, a finding that inches the White House another step closer to a legal showdown over its
A federal judge in Boston ordered the National Institutes of Health to restore billions of federal research dollars terminated in recent months by the Trump administration. Judge William Young said the rationale for terminating grants that included studies of racial minorities, gender identity, read as discrimination. He told the NIH to resume funding for those
MANSFIELD – The Richland County Foundation Board of Trustees approved grants totaling $923,634.86 during its June meeting. Competitive and field of interest grants approved by the board included the following grants: Habitat for Humanity of Richland and Crawford Counties received a grant for Building Futures Together which is a collaborative effort between HHRCC and Pioneer
The ETF market has hit a symbolic turning point: active funds now outnumber passive ones for the first time, marking a sharp break from the industry’s index-tracking origins — even if actively managed assets still account for just a tenth of assets. Roughly 51% of the nearly 4,300 U.S.-listed exchange-traded funds are ones overseen by
The past one year has been quite turbulent for the Indian stock market and mutual fund investors. Reasons like new trade policies after Trump’s return in the US, geopolitical tensions globally and FIIs withdrawing capital from the Indian market weakened investors’ sentiment. As a result, most equity fund categories, such as large cap, small cap,