As 2024 winds down, here are some of the most fruitful spots to look for tax-loss candidates. BY Associated Press The U.S. market gained more than 25% for the year to date through mid-December 2024. That’s a healthy showing by any measure. It doesn’t seem like it would be a market environment that’s conducive to tax-loss … Continue reading Tax-loss selling may be a good strategy this year. Here’s where to look
The tax would apply from January 1 to tech companies that earn more than AU$250 million ($160 million) a year in revenue from Australia. BY Associated Press The Australian government said Thursday it will tax large digital platforms and search engines unless they agree to share revenue with Australian news media organizations. The tax would apply … Continue reading Australia wants to tax Meta, Alphabet, and other platforms if they don’t pay for news
November 17, 2024 How Republican lawmakers will reshape tax policy in 2025 Republicans are likely to fight to keep key components in place for the Tax Cuts and Jobs Act. BY The Conversation Although coverage of the 2024 election was dominated by the economy, taxes didn’t get much attention in the run-up to the vote. That’s … Continue reading How Republican lawmakers will reshape tax policy in 2025
September 25, 2024 ‘More interested in the tax cut’: A frank explanation as to why Silicon Valley investors are backing Republicans this election year A discussion at the Fast Company Innovation Festival in New York last week looked at the connection between a stable democracy and a strong economy. BY Sam Becker Over the past several … Continue reading ‘More interested in the tax cut’: A frank explanation as to why Silicon Valley investors are backing Republicans this election year
July 19, 2024 Most Americans think the rich don’t pay their fair share of taxes—but Trump wants to lower them even more Plans to extend and expand Trump-era tax cuts would largely benefit the wealthy. BY Marcus Baram In the first presidential debate of 2024, tax policy—and who it really benefits in this country—were among the issues most … Continue reading Most Americans think the rich don’t pay their fair share of taxes—but Trump wants to lower them even more
June 18, 2024 Ethanol-powered jets stall over pipeline and tax credit challenges To the renewable fuels industry, failure to gain approval of the pipelines could jeopardize a giant new aviation-fuel market they believe would continue decades into the future, even as electric vehicles gradually replace gas-powered cars and traditional vehicles get more efficient. BY Associated Press … Continue reading Ethanol-powered jets stall over pipeline and tax credit challenges
June 18, 2024 The war on ESG doesn’t make sense. Least of all for taxpayers Johannes Lenhard and Hannah Leach explain how the continued backlash against environmental, social, and governance integration in investing is frustrating because there’s a clear business case and it’s in taxpayer interests. BY Johannes Lenhard and Hannah Leach “I am really frustrated. … Continue reading The war on ESG doesn’t make sense. Least of all for taxpayers
May 31, 2024 The IRS makes its free e-file program permanent The pilot began in March in 12 states, but the IRS now wants the program to be available nationwide. BY Associated Press The IRS said Thursday it will make permanent the free electronic tax return filing system that it experimented with this year and is … Continue reading The IRS makes its free e-file program permanent
May 10, 2024 Is your tax refund ‘fun money’? Here’s how experts say you should spend it The grown-up advice is to put it towards debt and savings. BY Associated Press The average taxpayer is getting a $2,852 refund, $75 more than last year, based on the most recent IRS data. So what should you do … Continue reading Is your tax refund ‘fun money’? Here’s how experts say you should spend it
April 20, 2024 State governments must be loving 4/20 almost as much as Tax Day Some states are now seeing more than 1% of their tax revenue from cannabis sales, according to the Census Bureau. Here’s how each state ranks. BY Shannon Cudd If you smell something musky in the air today and see puffs of … Continue reading State governments must be loving 4/20 almost as much as Tax Day
