Tax Protection

Will Ivana Help Donald Trump with Tax Breaks from Beyond the Grave?

First wife’s resting place in Trump’s New Jersey golf course might benefit ex-husband’s long-held tax planning purposes.

Bill Ackman Calls Carried Interest Loophole an 'Embarrassment' After New Tax Bill

Bill Ackman may be an unlikely ally in Democrats bid to end long time tax rule enjoyed by some of Wall Street’s richest executives.

Rich Wall Streeters Face Shock Tax Hike While Rest of Wealthy Escape

Wealthy Americans, who were girding for the biggest set of tax increases in three decades just a year ago, now look mostly safe from higher levies.

Can IRA Transactions Trigger the Wash-Sale Rule?

If you sell stock at a loss, you should be able to use loss to offset gains on your income taxes, right? Right except if you violate wash-sale rule.

Tax Groups Urge Biden Administration to End Pause on Student Loan Payments

Moratorium on federal student loan payments unfairly burdens taxpayers, contributes to out-of-control gov. spending. - Coalition of conservative orgs.

With Tax Evasion Rising Among the Wealthy, the IRS is Conducting Fewer Audits

The United States fails to collect $1 trillion every year in unpaid taxes, according to Internal Revenue Service (IRS) Commissioner Charles Rettig.

G-Wagons, ‘Guard’ Dogs, Wine Dinners: Shocking Tax Deductions of the Rich

There are loads of luxury loopholes this tax season -- including write-offs for SUVs, fancy meals and more.