After making billions in tax-deductible donations to his philanthropy, the owner of Tesla and SpaceX gave away far less than required in some years — and what he did give often supported his own interests.
Category: Tax Shelters
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How Trump’s Justice Dept. Derailed an Investigation of a Major Company
The industrial giant Caterpillar hired William Barr and other lawyers to defuse a federal criminal investigation of alleged tax dodges.
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How a Legal Fight Over a $15,000 Tax Bill Could Upend the U.S. Tax Code
The Supreme Court ruling in the Moore case could cost the federal government billions of dollars in lost tax revenue.
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Leon Black Is Pressed on Jeffrey Epstein Fees by Senate Committee
The billionaire investor paid Jeffrey Epstein $158 million for tax and estate planning services. Lawmakers want to know if the fees should have been taxed as a gift.
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Why Investing at the Last Moment Can Hurt Your Returns
The New York Times – Business:You can still put money in an I.R.A. for 2022, and that’s better than not investing at all. But an early start would have given you a great advantage, our columnist says.
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Your Investment Lost Money Last Year. So Why the Big Tax Bill?
The New York Times – Business:When you invest and where matters for taxes. But a few rules of thumb can stave off some nasty surprises, our columnist says.