Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.

One of Tesla’s biggest tax-saving mechanisms is accelerated depreciation, a loophole that allows corporations to write off the cost of assets much faster than they actually lose value. In 2024, Tesla ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

The Bristal Assisted Living facility in Westbury will designate 20% of its apartments as affordable in return for receiving ...

Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York St ...

On January 8, 2025, the staff (Staff) of the Securities and Exchange Commission’s (SEC) Division of Investment Management (IM) released the 2025 ...

Elon Musk’s Tesla paid a total of $0 in federal income taxes in 2024, new tax reports show, despite the company having raked ...

“It is essential that investment advisors receive the same support as other small businesses,” said Karen Barr, president and CEO of the IAA, in a statement. “These professionals help millions of ...

• Rep. Susan Collins has proposed a pre-filed HB 86 to create tax credits/incentives for donations to qualifying rural hospitals. The donations could be credited against one’s income tax, financial ...

Some dread doing taxes and wait until the last minute. But millions of others file early to get their tax refunds. What to ...

The first nationwide school choice bill to pass out of committee in U.S. history was just reintroduced. But teachers unions, which killed Illinois’ school choice program in 2023, oppose giving ...

Those considering retiring in Puerto Rico may find the lower cost of living and favorable tax breaks a major advantage in ...