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The near doubling of the capital gains tax rate would have a large impact on the net profit from any sale of any capital asset.
June 29Nelson Mullins -
(Bloomberg) — An unpleasant surprise for wealthy Americans lurks halfway through a 114-page document released by the U.S. Treasury late last month.
June 29 -
It’s counterintuitive, but the cash benefit of delaying payouts can outweigh rate increases, thanks to compounding over time.
June 29 -
Some clients may have to pay the money back if their jobs or salaries change.
June 21 -
The proposed changes are worrying investors and their tax advisors, especially the possibility of making them retroactive.
June 10 -
Individuals have already started receiving requests for information, according to tax attorneys.
June 3 -
Cryptocurrency exchanges, many of which aren't based in the U.S., don't require any registration or account information, writes Alexis Leondis.
June 1 -
"Inheritors are going to get killed" under the White House’s proposal to put the brakes on tax-free intergenerational transfers of wealth.
June 1 -
Biden’s approach might be politically astute, but from a fiscal-design point of view, it’s partially self-defeating, Bloomberg’s Clive Crook writes.
May 26 -
The Treasury Department estimates added enforcement could capture an additional $700 billion in tax dollars.
May 25