Search results
$3.4 trillion in individual tax cuts are expiring next year. Biden and Trump would handle it very...
CNN via Yahoo Finance· 5 days agoIt’s also possible that a deeply fractured Congress won’t be able to come to a resolution, which...
Biden ramps up push to end Trump's tax cuts for the wealthy, highlighting the choice in the 2024...
NBC News via Yahoo News· 7 hours agoDemocratic President Joe Biden wants to raise taxes on wealthy Americans if he’s re-elected, while...
IRS announces ‘major’ new tax rule taking an extra $50 billion from Americans
BizPac Review· 5 hours ago...partnerships, and large corporations” had been using the tax code to their advantage, the department wrote, “A single business that operates through many different legal entities (‘related parties’) enters into a set of transactions that manipulate partnership tax rules to maximize tax deductions...
White House Downplays Hopes For SALT Cap Hike as Tax Fight Looms
Bloomberg· 5 days agoNew Yorkers and Californians seeking a big expansion to the state and local tax deduction when ...
IRS Targets High-Earners With Crackdown On Popular Tax Loophole
Forbes· 2 days agoThe Internal Revenue Service announced plans Monday to crack down on a tax loophole some high...
White House Warns On GOP Tax Plans If Trump Wins And Republicans Control Congress
HuffPost via Yahoo News· 5 days agoRepublicans on Capitol Hill have already discussed how they would use a process...According to the...
John Avlon and Nancy Goroff debate East End issues
The Suffolk Times· 5 days agoLaLota, the incumbent running for reelection. This is Ms. Goroff’s second run for the 1st District seat in Congress; her first, in 2020, pitted her...
US Treasury, IRS to close $50 billion tax loophole on partnerships
Reuters via Yahoo Finance· 1 day agoTreasury said the IRS would no longer allow partnerships to shift tax liabilities to related parties...
IRS Crackdown Takes New Aim at Partnerships’ Maneuvers
The Wall Street Journal· 23 hours agoThe proposals attack a technique known as basis shifting among related parties, where partnerships...
Trump's plan to eliminate taxes on tips could cost federal government up to $250 billion
The Center Square· 22 hours agoA new analysis from the Committee for a Responsible Budget estimated Trump's plan to exempt all tip...