Tax planning
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Business
Here are 4 priorities for the IRS’s $80 billion endowment
Finance Minister Janet Yellen speaks during a press conference on July 14. Making Nagi | Reuters Yellen outlines 4 priorities…
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Business
IRS insists destruction of taxpayer data will not affect taxpayers
alfexe | iStock | beautiful pictures The search agency will not be affected by the IRS’s decision to destroy the…
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Business
Tax whistleblowers ‘appalled’ by IRS decision to destroy data on 30 million filers
Courtney | E + | beautiful pictures An audit by the Treasury Inspector General for Tax Administration found that the…
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Business
Here’s Why Roth IRA Conversions Can Work in a Bear Market
Morsa image | E + | beautiful pictures Soaring inflation, rising interest rates and the war in Ukraine have caused…
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Business
Retiring soon? Don’t overlook this tax break on company stock
Retirees have one shot to lock in decrease taxes on a part of their appreciated firm inventory. Right here's what…
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Business
Here’s how rising inflation may lead to higher tax bills
A buyer selects items at a grocery store in New York, america, Aug. 11, 2021. Wang Ying | Xinhua Information…
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Business
Investors in these mutual funds are likely to see a year-end tax surprise
The top of the yr is quickly approaching. Meaning mutual funds are making ready for capital beneficial properties distributions to…
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Business
House Democrat plan bumps state and local tax cap to $80,000 till 2030
Rep. Josh Gottheimer (D-NJ) (C) and Rep. Tom Reed (R-NY) (third R), co-chairs of the bipartisan Drawback Solvers Caucus, maintain…
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Business
House Democrats propose increasing SALT cap to $72,500 through 2031
Sen. Bernie Sanders (I-VT) speaks with reporters within the Senate Subway on Tuesday, Nov. 2, 2021 in Washington, DC. Kent…
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Business
SALT reprieve still possible as Democrats hone spending bill
Rep. Josh Gottheimer, D-N.J., speaks throughout a information convention with the Downside Solvers Caucus on Dec. 3, 2020. Stefani Reynolds…
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