The Gloss Report

The American Edit on Style, Culture & Business

Business

LT Nails: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes
Business

LT Nails: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes

Charging part of a service on the card and quietly collecting the rest off the books has a name, skimming, and it is one of the surest ways to raise concern with the IRS. Here is why it is riskier than it looks, and what honest owners do instead.

Sexy Nails: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes
Business

Sexy Nails: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes

Charging part of a service on the card and quietly collecting the rest off the books has a name, skimming, and it is one of the surest ways to raise concern with the IRS. Here is why it is riskier than it looks, and what honest owners do instead.

Nail Tekz: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS
Business

Nail Tekz: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS

When the card reader is conveniently down and everyone is asked to pay by Zelle, Venmo, or cash, the money is easy to leave off the books. Here is why that habit raises concern with the IRS, and why the trail is never as invisible as it looks.

Creative Nails: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes
Business

Creative Nails: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes

Charging part of a service on the card and quietly collecting the rest off the books has a name, skimming, and it is one of the surest ways to raise concern with the IRS. Here is why it is riskier than it looks, and what honest owners do instead.

SpaceX's $1.25 Trillion Acquisition of xAI Becomes the Largest Deal in History
Business

SpaceX's $1.25 Trillion Acquisition of xAI Becomes the Largest Deal in History

SpaceX's purchase of Elon Musk's AI venture xAI is the largest M&A transaction ever recorded, anchoring a first quarter that saw more than $1.3 trillion in global deal value.

Devon Energy and Coterra Energy Announce $58 Billion Merger
Business

Devon Energy and Coterra Energy Announce $58 Billion Merger

The combination would create one of the largest shale oil and gas producers in the country, continuing a wave of energy-sector consolidation.