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Starmer hits out at ‘desperate’ Tories as he rules out tax raid on family homes
Press Association News via AOL· 1 hour agoSir Keir Starmer has categorically ruled out imposing capital gains tax on the sale of people’s...
How Gordon Brown could tempt Labour into a stealth ‘mortgage tax’
The Telegraph via Yahoo Finance· 3 hours agoBut it is a sorely tempting option for a party that has ruled out increasing income tax, National...
A Surging IRS Penalty Is Costing Americans Billions. Here’s How to Avoid It.
The Wall Street Journal· 1 day agoTo prevent gaming of the system by non-employees, the law requires filers with other taxable...
Tax Breaks: Don't Buy TikTok Tax Misinformation
Forbes· 10 hours agoOur latest edition of Tax Breaks. Plus: Qualified charitable distributions, statute of limitations, estate planning, value-added tax, industry updates, and more.
JD Supra: Nevada Doesn’t Have Corporate or Personal Income Taxes: Should I Form There?
JD Supra· 16 hours agoAs of the date of this article, Nevada does not have a corporate income tax or a personal income tax. Contrast Nevada’s 0% with California’s corporate tax rate of 8.84% and top...
Thousands of 'bare trust' tax forms filed despite eleventh hour pause on reporting requirement
CBC via Yahoo News· 5 days agoMore than 40,000 Canadians filed "bare trust" tax forms this year, despite the government hitting...
Understanding IRS Form 56: A Guide For Taxpayers And Fiduciaries
Forbes· 4 days agoIRS Form 56 is a pivotal document in tax and financial regulations. Officially titled, “Notice...
$3.4 trillion in individual tax cuts are expiring next year. Biden and Trump would handle it very...
CNN via Yahoo Finance· 2 days agoWhoever wins the presidency in November will have some especially tough financial choices to make...
EV tax credit: What to know before you buy
Bankrate via Yahoo Finance· 16 hours agoIt is also important to remember that purchasing the vehicle alone does not ensure that you get the tax credit. You must file Form 8936 with the IRS....
New IRS Tax Form for Digital Asset Broker Reporting | JD Supra
JD Supra· 4 days agoThe IRS released a draft of a new tax form, Form 1099-DA, that brokers will use to report proceeds from certain digital asset transactions ...