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The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process
WPRI Providence· 2 days agoWASHINGTON (AP) — The IRS plans to end a major tax loophole for wealthy taxpayers that could raise...
Planned IRS Rules on Partnership Maneuver Exposed to Challenges
Bloomberg Law· 24 hours agoThe latest IRS effort to curb a tax avoidance maneuver used by large partnerships could invite an onslaught of litigation challenging the agency’s authority ...
Trump’s Proposal to End Taxes on Tips Could Cost $250 Billion: CRFB
The Fiscal Times via Yahoo Finance· 1 day agoDonald Trump’s proposal to exempt tips from being taxed as income would cost the federal government...
Oakley founder James Jannard sells Malibu mansion for $210 million — a California record
Los Angeles Times· 11 hours agoIn a historic deal, Oakley founder James Jannard has sold his Malibu mansion for $210 million. The...
Labour’s £8.6bn in tax rises are tip of the iceberg, economists warn
The Telegraph via Yahoo News· 6 days agoThe party said it expects to raise £5.2bn by closing non-dom tax loopholes and cracking down on tax ...
Untipped: Why Trump’s Tax Cut Promise Would Hurt Many Service Workers
Forbes· 2 days agoFormer President Trump’s proposal to exempt all tips from federal tax would benefit few tipped...
Three ways politicians always promise to raise money without increasing taxes – and why they rarely...
EconoTimes· 1 day agoAfter weeks of controversy over Labour and Conservative costings – in which each side accused the...
IRS warns of crackdown on tax loopholes
Newsweek· 2 days agoThe IRS and U.S. Treasury Department announced new efforts aiming to cinch tax loopholes utilized by large corporations and the wealthy, according to a...
Record 9,500 millionaires expected to leave the U.K. this year in a bid to protect their wealth from...
Fortune via AOL· 18 hours agoThe party is expected to clamp down on wealth-building avenues used by the wealthy, including tax ...
The radical ways Rachel Reeves can fix our broken tax system
The Telegraph via Yahoo Finance· 20 hours agoI recognise that the participants entered into a tax avoidance scheme but most were persuaded into...