Tag: Government Budget/Taxation

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Trump Organization Found Guilty of Criminal Tax Fraud in New York Trial

Former President Donald Trump’s family...

Billions in Covid Aid Went to Hospitals That Didn’t Need It

When Covid-19 struck, the U.S. government gave hospitals tens of billions of dollars to help them cope with the strains of...

The Pros and Cons of Family Limited Partnerships

The ability to transfer generational wealth has become a hot-button issue for many Americans with valuable property, businesses and other assets.That’s...

Tax-Loss Harvesting Comes With Hidden Risks

Investors who are licking their wounds after incurring losses in 2022 due to market volatility are now looking for ways to...

Spending Report to Offer Clues About Consumers’ Strength This Holiday Season

An October household spending report will show how consumers fared as the holiday season approached, with high inflation and rising interest...

What to Know About RMDs and Retirement Planning

They are, as a rule, among the more unexciting words in the English language: required minimum distributions.Today, though, RMDs—the annual withdrawals...

Taxes After Marriage: How to Navigate the Confusing Consequences

Getting married may produce unexpected changes in your taxes. Some two-income couples may owe more in taxes—solely because they get married—than they...

Get Big Tax Breaks for 2022 by Acting Now

It’s time to make year-end tax moves. With inflation way up and markets way down for 2022, there’s plenty to track.As...

Higher Taxes, Spending Cuts to Follow in Other Countries, U.K. Chancellor Says

LONDON—U.K. Chancellor of the Exchequer Jeremy Hunt ...

Higher Taxes, Spending Cuts to Follow in Other Countries, U.K. Chancellor Says

LONDON—U.K. Chancellor of the Exchequer Jeremy Hunt ...

Hospitals Often Don’t Help Needy Patients, Even Those Who Qualify

Nonprofit hospitals must have financial-assistance policies for needy patients, under federal requirements tied to an estimated $60 billion in annual tax...

U.K. Unveils Tax Increases and Spending Cuts to Shore Up Finances

LONDON—The U.K. government announced the largest tax increases and spending cuts in a decade on Thursday, becoming the first major Western...

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