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Tax Loopholes For 2023
SmartAsset via Yahoo Finance· 1 year agoA tax loophole is a tax law provision or a shortcoming of legislation that allows individuals and companies to lower tax liability. Loopholes are legal...
Rich Californians May Lose Access to This Profitable Tax Loophole
SmartAsset via Yahoo Finance· 1 month agoCalifornia would like to crack down on a type of trust that lets the very wealthy avoid state income...
HMRC quietly closes loophole that saves drivers thousands in car tax
The Independent via Yahoo News· 3 months agoDrivers who use pick-up trucks for work and personal use are set to pay more in car tax under...
44% of dealmakers say favorable tax treatment of carried interest income needs to go
Fortune via Yahoo Finance· 3 months agoTo tax or not to tax? The 2024 election year is underway, which means it’ll be a loud year for...
Biden Budget Plan Would Close Crypto Tax Loss Harvesting Loophole
CoinDesk via Yahoo Finance· 1 year agoU.S. President Joe Biden's proposed budget, set to be unveiled Thursday, will include a provision to...
Democrats Want to End Lucrative Backdoor Roth IRA Loophole: What You Need to Know
SmartAsset via Yahoo Finance· 2 years agoCongressional Democrats want to slam shut a tax loophole known as the "backdoor" Roth IRA. In one of...
We All Want Simpler Taxes. Here’s Why That’s So Complicated.
The Wall Street Journal· 2 months agoTAX REPORT Howls about the U.S. tax code’s complexity peak at this time of year, when Americans...
Watch Out: The IRS Is Trying to Close This RMD Loophole
SmartAsset via Yahoo Finance· 2 years agoMost Americans have at least heard of a 401(k) plan, but there is another tax-advantaged workplace...
Internal Revenue Service in U.S. solicits public opinions on proposed NFT taxes
Forkast News via Yahoo Finance· 1 year agoThe Internal Revenue Service (IRS), an agency under the U.S. Department of the Treasury that handles...
Column: Tax provisions may be Democrats' most unexpected victory in the inflation bill
LA Times via Yahoo Finance· 2 years agoThe new budget bill championed by President Biden and congressional Democrats will give the IRS more...
