Business

102 millionaires, including Abigail Disney, have signed another letter asking governments around the world to raise their taxes

A group of millionaires are asking governments to make them pay more taxes to help narrow the wealth gap. A group of super-wealthy individuals wrote
Business

This rarely used tax loophole is helping some bitcoin holders lower their tax bill

Thanks to a quirk in the tax code, holders of the digital currency can shield their winnings from the IRS, which is a good side effect of the 36%
Business

Confused About Tax Deductions? Here's A Simple Guide To How They Work.

Some people would rather sit on jury duty than prepare their taxes. 8% would rather have a tooth pulled. It is likely that completing your taxes
Business

Iowa Gov. Kim Reynolds proposes 4% flat tax, cuts to unemployment in Condition of the State

In her Condition of the State address Tuesday, Gov. Kim Reynolds proposed that Iowans pay a 4% flat income tax rate and that the state no longer
Business

'Opportunity zones' meant to boost poor communities did little more than give the rich another tax loophole — proof that trickle-down economics doesn't work

The tax bill passed by former President Trump and the Republican-run Congress was a good example of trickle-down economics as unquestioned dogma.
Business

The rich benefit as Democrats retreat from tax on unrealized capital gains

Democrats seem to have decided against taxing returns on unsold stock and other assets, preferring other ways to raise revenue as part of a nearly
The Peanut Butter Secret: A Lavish Tax Dodge for the Ultrawealthy
Business

The Peanut Butter Secret: A Lavish Tax Dodge for the Ultrawealthy

This is the story of the tax break for cloning. David Baszucki started a small video-game company in 2004. It was eligible for a tax break that lets
The Peanut Butter Secret: A Lavish Tax Dodge for the Ultrawealthy
Business

The Peanut Butter Secret: A Lavish Tax Dodge for the Ultrawealthy

This is the story of the tax break for cloning. David Baszucki started a small video-game company in 2004. It was eligible for a tax break that lets
Business

More cryptocurrency regulation is likely—here are 3 ways to prepare now

In November, the market value of the cryptocurrencies surpassed $3 trillion. The top cryptocurrencies hit all-time highs. Lawmakers increased their
Pay taxes via credit card 2021/2022 edition [Updated]
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Pay taxes via credit card 2021/2022 edition [Updated]

Paying taxes via credit card can be rewarding, even if you don't like paying taxes. Credit card rewards are more important than tax payment fees.