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Musk’s Foundation Gave Away Less Money Than Required in 2023
Posted inInternal Revenue Service Musk Foundation Musk, Elon Philanthropy Tax Credits, Deductions and Exemptions United States Politics and Government

Musk’s Foundation Gave Away Less Money Than Required in 2023

Private foundations must donate 5 percent of their assets every year. Elon Musk’s enormous charity missed that standard for three consecutive years.
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Posted by By David A. Fahrenthold and Theodore Schleifer
Tax Cuts Were Top of Mind at the Tax Foundation’s Annual ‘Prom’
Posted inIncome Tax Politics and Government Small Business Tax Credits, Deductions and Exemptions United States Economy United States Politics and Government

Tax Cuts Were Top of Mind at the Tax Foundation’s Annual ‘Prom’

Republican control of Washington and a tax bill next year have corporate America excited — and on edge.
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Posted by By Andrew Duehren
Billy Long Promised Huge Tax Refunds. Now Trump Wants Him to Lead the I.R.S.
Posted inFederal Budget (US) High Net Worth Individuals Income Tax Long, William H II Rebates and Refunds Tax Credits, Deductions and Exemptions Tax Evasion Trump, Donald J United States Politics and Government

Billy Long Promised Huge Tax Refunds. Now Trump Wants Him to Lead the I.R.S.

Since leaving Congress in 2023, Billy Long has peddled a pandemic-era tax credit that the I.R.S. has warned is a magnet for fraud.
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Posted by By Andrew Duehren
WSA, A Manhattan Office Tower Becomes an Unlikely ‘It’ Building
Posted inFashion and Apparel Financial District (Manhattan, NY) Parties (Social) Real Estate (Commercial) Tax Credits, Deductions and Exemptions Water Street Associates (WSA)

WSA, A Manhattan Office Tower Becomes an Unlikely ‘It’ Building

The WSA building, a 31-story New York office tower with mysterious financing, has become an improbable hub for artists, designers and influencers.
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Posted by By Jessica Iredale

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