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You Searched For "tax loophole" and got 20 results


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5 mins read

8 of the savviest loopholes wealthy investors use to reduce or avoid capital gains tax

Some of these strategies allow investors to completely avoid paying taxes on their gains.

Laila Maidan   


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1 min read

The door is slamming shut on a $50 billion tax loophole used by the superrich

The Treasury and IRS proposed new tax regulations for the uber-wealthy that will result in $50 bill…

Geoff Weiss   


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3 mins read

Using tax credits and rebates to your advantage could save you thousands on a new electric vehicle

Federal and state tax credits can give you money back for buying an electric car.

Nora Naughton,Alexa St. John   


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5 mins read

This tactic to avoid income taxes without moving to Florida could surge thanks to a 'silver tsunami'

Rich business owners looking to cash out can save big on income taxes by setting up trusts in tax-h…

Hayley Cuccinello   


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3 mins read

How rich Americans can save on taxes by giving stock and real estate to their parents

The rich can avoid capital gains taxes by giving appreciated assets to their parents and inheriting…

Hayley Cuccinello   


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1 min read

Crypto investors could be about to lose a big tax loophole as part of Biden's new budget proposal

Biden will propose changing the tax treatment of cryptocurrency transactions, which could raise $24…

Carla Mozée   


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2 mins read

Automakers are using a legal loophole to get customers an extra $7,500 tax credit — and business is booming

The loophole means customers who lease can still get a discount, while dealers who pass along the s…

Alexa St. John   


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3 mins read

Electric car-makers have found a legal loophole to get their customers an extra $7,500 tax credit

Requirements for the new EV tax credits mean a lot of EVs won't qualify. Automakers may look to get…

Alexa St. John   


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1 min read

Some wealth managers are helping clients take advantage of a loophole to use crypto losses to offset taxes on other assets

One financial advisor said he's "taking advantage of the volatility in crypto" to increase portfoli…

Natasha Dailey   


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2 mins read

Joe Manchin wants to slam the brakes on the 'loopholes' in the EV tax credit that could give some Americans extra cash early this year

Americans who buy an electric vehicle before March could be eligible for some extra cash. Sen. Manc…

Ayelet Sheffey   


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2 mins read

A profitable tax loophole for real estate could be axed in Manchin's new deal to ease inflation

The new spending package negotiated in Congress this week could close the carried interest loophole…

Juliana Kaplan,Alcynna Lloyd   


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4 mins read

Senate Democrats want to tax hedge funders by closing a loophole while Republicans cling to the hope that Sinema will object

Democrats are suddenly tiptoeing closer to a deal on Biden's economic agenda, but closing the carri…

Warren Rojas,Juliana Kaplan   


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1 min read

The largest political advocacy donation in US history was made with a series of loopholes that helped a billionaire donor avoid paying taxes

Barre Seid donated $1.6 billion to a newly created political advocacy nonprofit known as Marble Fre…

Hannah Getahun   


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1 min read

The Fed may close the loophole that hid big losses at Silicon Valley Bank, report says

The Fed may end an exemption that lets some banks boost the amount of capital they report for regul…

Carla Mozée   


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4 mins read

Democrats saved Biden's agenda, but Sinema had her price: keeping a tax loophole for wealthy investors even Trump wanted gone

The past three presidents — including Trump — have tried to get rid of a tax loophole f…

Jacob Zinkula,Juliana Kaplan,…   


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4 mins read

Manchin and Sinema are on a collision course over closing a tax loophole for rich Americans. It could upend Biden's $790 billion deal.

It's possible Democrats will wait days, if not weeks, before Sinema breaks her silence on a surpris…

Joseph Zeballos-Roig,Juliana …   


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3 mins read

Democrats may leave a tax loophole billionaires love untouched. Closing it would dent the fortunes of Jeff Bezos and Elon Musk.

"Stepped-up basis" lets billionaires transfer assets without paying taxes. Closing it could help ra…

Joseph Zeballos-Roig,Ben Winck   


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10 mins read

ProPublica's billionaire tax data shows the importance of closing 2 key tax loopholes. Here's how.

Our tax code has two massive tax loopholes that reward billionaires like Mark Zuckerberg, Jeff Bezo…

Josh Barro   


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2 mins read

Jamie Dimon reveals what he would do as president: Tax people like Bill Ackman more

JPMorgan CEO Jamie Dimon said that if he were president, he'd make the wealthy — like Bill Ackman —…

Madeline Berg   


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2 mins read

Laila Maidan