Together CFO

Together CFO Helping Business Owners, High Net Worth & Family Offices Reduce Tax Liability & Eliminate Capital Gains using our Unique Tax Strategies

Your Personal and Virtual CFO, helping small business have a higher level of finance experience at a fraction of the price

30/05/2025

An obscure tax item in Trump's recent bill, Section 899, has alarmed Wall Street. This measure would boost federal income tax rates on passive US income earned by investors and institutions in targeted countries, potentially impacting global investment strategies[2][3].

29/05/2025

Federal Reserve Chair Jerome Powell met with President Donald Trump at the White House to discuss economic growth, employment, and inflation. Powell emphasized that monetary policy decisions are based on incoming economic information and objective analysis, not political considerations. Trump expressed frustration over Powell not lowering interest rates, claiming it puts the U.S. at an economic disadvantage[2].

29/05/2025

Hailey Bieber celebrated her new billionaire status after selling her skincare brand Rhode to e.l.f. Beauty for $1 billion. She retains her role as chief creative officer and will receive an additional $200 million if Rhode performs well over three years[1][3].

29/05/2025

Hailey Bieber's Rhode skincare brand has been acquired by e.l.f. Beauty for $1 billion. The deal includes $600 million in cash and $200 million in e.l.f. shares, with a potential $200 million earnout based on future growth. Bieber will remain as chief creative officer and head of innovation[5].

29/05/2025

Nvidia's Q1 2026 earnings: $44.1B revenue, $19.89B net income, and $0.81 EPS. Revenue up 69% YoY, but faces $8B loss in Q2 due to U.S.-China export restrictions[1][5].

28/05/2025

Vice President JD Vance at Bitcoin 2025 in Las Vegas emphasized the Trump administration's support for cryptocurrency, calling for a regulatory framework to integrate crypto into the mainstream economy. The administration aims to prevent future policy reversals and ensure crypto's long-term stability[3][5]. Trump Media plans to invest $2.5 billion in bitcoin, despite congressional criticism and concerns about corruption[1]. Senate Democrats have urged Trump to divest from his cryptocurrency empire due to corruption concerns[4].

28/05/2025

Elon Musk claims significant improvements in SpaceX's Starship despite its recent breakup over the Indian Ocean. The rocket experienced leaks and failed to deploy its payload, but Musk sees it as a step forward for future Mars missions[1].

28/05/2025

SpaceX's ninth Starship test flight failed, with the rocket spinning out of control and disintegrating during reentry. This setback raises doubts about Elon Musk's Mars colonization plans. Despite the failure, Musk vows to improve reliability and accelerate future launches[5].

28/05/2025

Trump Media & Technology Group is raising $2.5 billion to create a Bitcoin treasury, using $1.5 billion in stock and $1 billion in convertible notes. The deal aims to secure the company against financial institution harassment and discrimination, while creating synergies for subscription payments and other transactions on Truth Social and Truth+. CEO Devin Nunes views Bitcoin as an "apex instrument of financial freedom." The deal is expected to close by May 29, 2025[1][2][3].

27/05/2025

Southwest Airlines ends free checked bags policy on May 28, 2025. Customers will pay $35 for the first checked bag and $45 for the second. A-List members and Rapid Rewards credit card holders remain exempt. Basic fares will also incur checked bag fees[1][2][5].

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