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Beware of ‘tax hacks’ to maximise your return this year. The tax office is taking a close look at...
The Conversation· 3 days agoFor many people a tax refund is a much-anticipated lump sum of money. Many tax hacks suggest you spend considerable money on purchases up front to claim ...
Here Are The Tax Charges Hunter Biden Faces After Federal Gun Trial Conviction
Forbes· 3 days agoHunter Biden was convicted in Delaware Tuesday on all three felony counts for unlawfully purchasing...
Seattle's Millionaire Boom — What Jeff Bezos Departure Didn't Predict
Benzinga via AOL· 2 hours agoAfter founding e-commerce giant Amazon in his Seattle garage, Jeff Bezos is leaving the wet weather of Washington State and heading to sunny Miami. Many believed that Bezos's departure was due ...
Biden vs. Trump: Here's what the next president means for your taxes
CNBC· 5 days agoTrillions in expiring tax breaks are at stake this election season — and those sunsets could raise...
Making Sense of New York’s Estate Tax “Cliff” | JD Supra
JD Supra· 1 day agoIn addition to the federal estate tax, which may be levied upon a decedent’s estate, New York imposes a separate state estate tax regime. Generally a decedent ...
At End of Trump Tax Cuts, Progressives See Leverage to Target the Rich
The Wall Street Journal· 6 days agoA deduction for closely held businesses would vanish. For most people, those effects would outweigh...
Tax Cuts are Better than Central Planning
Cato Institute· 1 day agoFirst, the underlying US income tax system is biased against investment by double‐ and triple‐taxing investment returns. The TCJA helped alleviate some of this built‐in bias ...
Council Post: Unlocking The Backdoor Roth IRA: A Retirement Guide
Forbes· 3 days agoEric is the Founder and CEO of Alto Solutions, which provides investment access to alternative...
Fact Check: About Those $8,700 Stimulus Checks the IRS Is Supposedly Issuing to Qualifying Americans
Snopes via Yahoo News· 2 days agoSources: "Advance Child Tax Credit Payments in 2021." Internal Revenue Service,...
...Refunds for Water’s Edge Taxpayers, Suspend NOL Deductions, and Limit Tax Credit Utilization | JD...
JD Supra· 7 days agoThe May Revision also proposes to suspend net operating loss (NOL) deductions and limit tax credit utilization to $5 million per year for tax< ...