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Your home sale could trigger capital gains taxes. Here's how to calculate your bill
CNBC· 2 days agoAs home values climb, more Americans owe capital gains taxes when selling property. Most Americans...
Are Home Improvements Tax-Deductible? (It’s a Bigger Question Than You Might Think)
Architectural Digest via Yahoo Finance· 2 days ago(But see the section on energy-efficiency deductions below!) Capital improvements also have to be...
Trump May Owe $100 Million From Double-Dip Tax Breaks, Audit Shows
New York Times· 4 days agoFormer President Donald J. Trump used a dubious accounting maneuver to claim improper tax breaks...
Letters to the editor for Wednesday, May 15, 2024
The News-Press via Yahoo News· 4 hours agoExxonMobil shows a 36-billion-dollar profit for 2023 while the three largest oil and gas producers showed a combined profit of 85.6 billion dollars for...
Healey’s climate priorities take center stage
Politico· 2 hours ago...Massachusetts Chancellor Javier Reyes defended the arrests of 134 people at a campus pro-Palestinian encampment last week, telling a special session...
‘I was knee deep in the cult of Donald Trump’, Michael Cohen says
The Telegraph via Yahoo News· 17 hours agoMr Donalds was seen shaking his head repeatedly as Cohen said it was “inaccurate” and “untruthful”...
Thyssenkrupp Again Cuts Its Fiscal Year Sales and Profit Forecasts
The Wall Street Journal· 3 hours agoThyssenkrupp again cut its sales and profit forecasts for its fiscal year after write-downs and...
Pennsylvania Senate approves GOP’s $3B tax-cutting plan, over objections of top Democrats
The Express-Times· 7 days agoRepublican lawmakers on Tuesday advanced legislation for a $3 billion tax cut, their just-unveiled...
Trump may owe $100 million from double-dip tax breaks, audit shows - The Boston Globe
The Boston Globe· 4 days agoThe first write-off came on Trump’s tax return for 2008. There is no indication that the IRS...
Trump’s use of dodgy accounting on Chicago tower means he could be $100m in red, IRS probe reveals
The Independent via Yahoo News· 4 days agoAccording to The Times and ProPublica, this resulted in Mr Trump reporting losses as high as $651m...