Taxes

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Latest Taxes News

Property Won’t Sell? Donate It, Claim Tax Write Off, Skip Capital Gain

After reportedly not being able to sell his DC area mansion, former NFL owner Dan Snyder donated his $35 million…

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IRS Continues Focus On Large Partnerships: 3 Items To Watch Out For

In recent years, the IRS has focused its attention and resources on large partnerships. In 2021, the agency launched an…

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The Immaculate Expatriation: Bitcoin Jesus And The Exit Tax

Mark Cuban is a wealthy man. He also pays a lot of income tax. According to a recent post on…

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VAT In The Digital Age: Impact Of Revised Proposals On EU Businesses

The European Commission has recently released the revised proposals for the ‘VAT in the Digital Age’ (ViDA) reform, which are…

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When It Comes To Tax, May The Odds Be Ever In Your Favor

This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in…

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I’m Going to Get $3,300 per Month From Social Security. How Can I Reduce My Taxes?

Approximately 40% of households pay taxes on their Social Security benefits, according to the Social Security Administration. If you do…

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What Are the Tax Implications for Withdrawing From Your IRA?

Managing your retirement savings effectively requires understanding the tax implications of withdrawing money from an individual retirement account (IRA). IRAs,…

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Some Red States Are Helping Citizens Save Money Despite Biden’s Agenda

President Joe Biden and his minions never miss an opportunity to boast about all the new levies they want to…

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6 Easy Steps To Become A SEP-IRA Millionaire

Anyone, and I mean anyone, can become an IRA millionaire if given enough time. According to Fidelity, the number of…

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Former Ohtani Interpreter Ippei Mizuhara Pleads Guilty To Bank And Tax Fraud

Ippei Mizuhara has agreed to plead guilty to federal charges of felony bank fraud and tax fraud. Mizuhara was the…

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