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Trump Is Proposing to Make Tips Tax-Free. What Would That Mean for Workers?
US News & World Report· 14 hours agoThe U.S. Bureau of Labor Statistics estimates there are 2.24 million waiters and waitresses across the country, with tips making up a large percentage of their income. Trump ...
Tax Breaks: Don't Buy TikTok Tax Misinformation
Forbes· 7 days agoOur latest edition of Tax Breaks. Plus: Qualified charitable distributions, statute of limitations, estate planning, value-added tax, industry updates, and more.
IRS Likely To Increase Scrutiny On The Puerto Rico Act 22 Tax Break
Forbes· 14 hours agoPuerto Rico's legislature passed Act 22 in 2012, according to critics in Congress, “to attract wealthy foreigners and mainlanders to Puerto Rico by offering generous tax-related ...
Clarence Thomas rejects Supreme Court's 'new invention'
Newsweek· 1 day agoSupreme Court Justices Clarence Thomas and Neil Gorsuch have broken away from the rest of the...
Comparing Trump's and Biden's economic plans, from immigration to taxes
USA TODAY via Yahoo Finance· 1 day agoExtending all expiring provisions of TCJA would cost $5.2 trillion through 2035, according to the...
Trump proposed excluding tips from federal taxes
Fortune· 8 hours agoThe U.S. Bureau of Labor Statistics estimates there are 2.24 million waiters and waitresses across the country, with tips making up a large percentage of their income. Trump ...
Supreme Court upholds a tax on corporate wealth held overseas
Los Angeles Times· 1 day agoIn a 7-2 decision, the justices said Congress has the power to tax corporate shareholders based on...
We bought our Washington state home for $260,000 in 1996. It’s now worth $1.4 million. We’re moving...
MarketWatch via Yahoo Finance· 24 hours agoBut the profits from home sales are exempted from this capital gains tax, according to Washington’s...
‘Bar Rescue’ host Jon Taffer says Trump’s tax-free tip pledge is ‘massive’
FOX Business· 2 hours agoA legendary problem-solver in the restaurant industry has voiced his excitement about a potential...
Arkansas lawmakers to consider income tax cuts, Game and Fish budget during special session
Arkansas Advocate via Yahoo News· 5 days agoGov. Sarah Huckabee Sanders has said she wants to phase out the state’s income tax and legislators...