Taxes

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Latest Taxes News

Biden’s Capital Gains Proposal: Unfair To Lifetime Entrepreneurs?

Biden’s new capital gains proposal aims to tax the rich, but really, it may unfairly penalize lifelong entrepreneurs and ordinary…

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How To Use Your Zodiac Sign To Make Tax-Savvy Estate Planning Decisions

The abundance of advanced estate planning transaction options can often leave people feeling lost in legal jargon. If you’re searching…

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New Jersey EasyFile Proposal Seeks To Streamline State Tax Returns

The New Jersey Senate is considering a bill, A1431, that would establish an “EasyFile” program, similar to the IRS Direct…

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$187 Million In Charitable Deductions From A $9.5 Million Purchase

Big Escambia Ventures LLC is the tax matters partner in thirteen partnerships that are currently in Tax Court. Judge Albert…

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FTX Reaches Bankruptcy Settlement With IRS On $24 Billion Claim

FTX, formerly one of the largest crypto trading exchanges in the world, may be getting a tax break. A proposed…

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NYC Congestion Pricing Is Seemingly Dead—In Favor Of Payroll Taxes

In a surprise reversal, Gov. Kathy Hochul announced that planned congestion pricing in Manhattan’s Congestion Relief Zone will be shelved…

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What Seniors Need To Know About Reverse Mortgages—From Taxes To Catches

It feels like everything costs more these days—and some homeowners are looking for ways to increase cash flow without invading…

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IRS Says Direct File Will Be A Permanent, Free Tax Filing Option In All 50 States

Direct File will be a permanent, free tax filing option—that's the word from the U.S. Department of the Treasury and…

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Tax And Financial Literacy Matters

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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How Wealthfront Finally Became Profitable After 14 Years

The Palo Alto investing startup hasn’t raised its rock-bottom fees since its inception, yet it has found a way to…

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