The legislation cuts in half a tax write-off potentially worth hundreds of millions to some professional sports team owners.
Category: Tax Credits, Deductions and Exemptions
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Electric Vehicles Died a Century Ago. Could That Happen Again?
Battery-operated vehicles were a mainstay more than a hundred years ago, but only a few still exist — one happens to be in Jay Leno’s garage.
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Republicans Harness Tax Code to Punish Trump’s Political Nemeses
Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.
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How ‘No Tax on Tips’ Would Affect Waiters, Drivers and Diners
Proposed changes making their way through Congress would benefit many employees, but some details are still in flux.
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Los Angeles Mayor Seeks to Lure Filming Back by Cutting Red Tape
With film and TV production in Los Angeles down by roughly one-third in recent years, Mayor Karen Bass took steps to make it easier to shoot at top locations.
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Trump Wants to Fulfill His ‘No Tax On Tips’ Promise. The Details Get Tricky.
The idea is politically popular, but the tax benefits may not go as far for low-income workers as many may think.
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Republican Tax Bill May Hurt the Lowest Earners and Help the Richest
Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off.
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Republican Tax Bill May Hurt the Lowest Earners and Help the Richest
Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off.
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Want a Gift for Opening a 529 College Savings Account?
Some state plans give cash incentives in May to spur contributions.