Tax law is daunting and ever-changing, making it especially tricky to navigate for first-time small-business owners who don’t have much time to devote to tasks outside of the realm of ...
When people think of tax evasion and prison sentences, the first thought is Wesley Snipes, Todd Chrisley, or the recently dropped charges against Hunter Biden. Prison for tax fraud and ...
The expanded child tax credit, or CTC, created the largest drop in child poverty in a single year, according to a new report from the Joint Economic Committee Democrats. In ...
Wealthy Americans dodged getting hit by tax increases in the Democrats’ economic package, but they likely will face a much better-funded Internal Revenue Service equipped with new auditors and technology ...
President Joe Biden intends to propose a minimum tax of 20% on households worth more than $100 million and cut projected budget deficits by more than $1 trillion over the ...
The sole reason the ‘carried interest’ loophole survives is fierce lobbying by the private equity industryAnyone remember the “carried interest” loophole that lets hedge fund executives and private equity managers ...
Bill Ackman says that raising the state and local tax deduction -- known as SALT -- to $80,000 “makes no sense,” joining the debate over a contentious issue in President ...
Reading Time: 2 minutes Cryptocurrency traders could be banned from offsetting some capital losses against their gains thanks to a proposal from House Democrats Lawmakers want to change the ‘wash-sale’ ...
SACRAMENTO, Calif. (AP) — Four years ago, California Democrats altered the state’s recall laws in part to slow down the process and try to aid a state senator facing a ...
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