Christine Mace

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IRS Says Bitcoin, Other Convertible Virtual Currency To Be Taxed Like Stock

More than five years after Bitcoin made its debut, the Internal Revenue Service has finally issued guidance to taxpayers on how to treat it – and other virtual currency – for federal income tax purposes. Their decision? It’s not money. Noting that “virtual currency is not treated as currency that …

Associated Press News

States Can Still Block Same-Sex Couples from Obamacare's Family Plans

This article is from the archive of our partner .<p>A gay couple is suing Ohio and the United States government after they were denied Obamacare …

It's Proven To Save Lives, So Why Is Maine Opposed To Narcan?

Dr. Lynn Ouellette, a psychiatrist from Brunswick, Maine, asks herself "What if?" a lot these days. What if they had found her son just a few minutes earlier? What if they had gotten him to the hospital sooner?<p>What if they'd had the overdose antidote Narcan in the house?<p>"What we know is that this …

Green Mountain shares surge on Coca-Cola deal

Coca-Cola is buying a 10% stake in Green Mountain Coffee Roasters for about $1.25 billion.<p>Green Mountain Coffee Roasters on Wednesday announced a $1.25 billion deal with Coca-Cola Co., that overshadowed the Waterbury, Vt., company's earnings report boasting $1.4 billion in sales for the first …

Do It Yourself Coke: Coca-Cola Buys Stake In Keurig Maker Green Mountain Coffee

Coca-Cola and Green Mountain Coffee delivered a crushing blow to SodaStream Wednesday. The beverage behemoths have entered a 10-year agreement to develop Coke brand products for the Keurig Cold. Like SodaSteam’s soda making device the system will allow people to produce carbonated beverages at …

How The Wealthiest Families Make And Lose Their Money

Conspiracy theories run the gamut. For some, there’s a massive government cover-up of UFOs or among scientists about the existence of Bigfoot. For others, it’s the Freemasons controlling the secret world government. For others, it’s an alliance of elite wealthy families (who attend the Bilderberg …

Fudging Your Taxes? Prosecutions Are Way Up, But The Big Push Now Is Against Identity Thieves

If you’re starting to think about tax filing season, you’re not alone. As always occurs in the run-up to April 15th, the government wants to remind you to fly right. You must sign tax returns under penalties of perjury. The numbers you report must be true—they’re not an opening offer.<p>A new report …

Obamacare Kills 2.5 Million Jobs? That Doesn't Count Independent Contractors

One of the precepts of Obamacare is that all employees ought to have affordable health coverage. That’s a laudable goal, but the details have become more than messy. Besides, after the website gaffes, the ‘like-your-plan-keep-your-plan’ debacle, and other stumbles, what’s the cost?<p>Now the …

J.C. Penney: A Band-Aid Won't Stop the Bleeding

NEW YORK (TheStreet) -- In a recent <i>TheStreet</i> article, Rocco Pendolla explained the disastrous state of <b>Sears</b> (SHLD) and his headline spot on: <i>Sears: A</i> …

J.C. Penney

Data Demand Drives AT&T Profit And Revenue But Fails To Bring Subscriber Growth

Demand for mobile data helped boost AT&T's fourth quarter profit and revenue, but according to the wireless carrier’s earnings report, released Tuesday afternoon, it wasn’t enough to overcome competition from T-Mobile and boost the company’s subscriber numbers to the levels Wall Street experts were …

HP Announces Giant Android Phones

NEW YORK ( TheStreet) -- <b>Hewlett-Packard</b> ( HPQ) is getting back into the smartphone business. HP officially announced two new "Voice Tablets" the …

Android Phones