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The IRS is cracking down on a tax loophole for the rich. The effort could raise $50 billion.
CBS News· 13 hours agoThe Treasury Department described the technique as "abusive," with no other economic benefit than...
IRS Takes Aim at a $50 Billion Loophole for Wealthy Taxpayers
The Fiscal Times via Yahoo Finance· 7 hours agoThe IRS announced Monday that it plans to eliminate a loophole used by large, complex partnerships...
Private equity firms have avoided taxation on over $1 trillion of income thanks to a loophole, new...
Fortune via Yahoo Finance· 4 days agoCalls to tax the world’s richest people are now focusing on another target: the world’s wealthiest...
Other states eye Mass. millionaires tax — for windfall or wealth exodus
WBUR Boston· 11 hours agoThe recent news from Massachusetts revenue officials that they collected about $1.8 billion this year from the so-called "millionaires tax" sparked chatter: Is the windfall ...
What to do now to shield your money from Labour taxes
The Telegraph via Yahoo Finance· 5 days agoAs the countdown to the general election continues, Labour’s charm offensive on tax is about to...
Billionaires vs Millionaires: Who Pays More in Taxes?
GoBankingRates via AOL· 5 days agoSurveys show that 79% of U.S. citizens support raising taxes on the wealthy. But there's a good deal...
Fewer Americans are getting tax refunds from Uncle Sam. Here's why that may be
Moneywise via AOL· 3 days agoIf they fail to make quarterly “estimated” tax payments to the IRS, they are charged penalties that...
I went without Sky TV as a child, says Sunak
BBC via AOL· 6 days agoHowever, most of the family's wealth comes from his wife's shareholding in IT giant...when Mr Sunak was chancellor, when it emerged she had non-dom...
Dave Ramsey told podcaster Theo Von that people in these 5 professions stand the best chance of...
Moneywise via AOL· 3 days agoInstead...mark: investing in their company’s 401(k) plan and buying a house and paying it off. Not...
‘Who is right?’: 'Rich Dad, Poor Dad' author Robert Kiyosaki bragged that being $1.2 billion in debt...
Moneywise via AOL· 7 days agoBut 5 minutes could have you paying as little as $29/month ‘You’ll end up with $1.5 million in the...