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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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2 mins read

Elon Musk says his taxes are simple and that he doesn't use offshore accounts or tax shelters in response to Sen. Warren's 'freeloading' claims

Elon Musk told The Babylon Bee that he could do his taxes himself "in a few hours." They're "super …

Grace Dean   


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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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3 mins read

I work an extra job because childcare costs more than my salary. It's either that or give up my career.

Bunny McFadden works at a nonprofit in San Francisco. She freelances at night for 10 hours a week t…

Bunny McFadden   


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7 mins read

Why so many Olympians are broke

Sixty percent of elite athletes said they weren't financially stable. We break down why Olympians a…

Abby Narishkin,Mai Tejapaibul…   


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3 mins read

Donald Trump's longtime CFO Allen Weisselberg takes felony plea in Trump Organization payroll tax-dodge case

Under a felony plea deal in Manhattan, Allen Weisselberg will serve 100 days in NYC's notorious Rik…

Laura Italiano   


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2 mins read

USA Track and Field CEO earned $3.8 million last year, equal to 11% of all revenue for the non-profit, tax docs show

The $3.8 million taken home by Max Siegel represented 11% of all revenue made by the non-profit USA…

Cork Gaines   


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6 mins read

Warren Buffett is under fire for avoiding taxes. Give him a break.

The investor lives modestly, doesn't use popular tax loopholes, supports higher taxes on the wealth…

Theron Mohamed   


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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

These professionals are going to take home hefty bonuses, double digit increment

As India will be adopting the biggest tax reform-GST-the professional services firms are help…

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2 mins read

Burnout bonuses - Who to know to launch a hedge fund - Wall Street confessions

Top finance stories of the week: Credit Suisse, Apollo bonuses; investment banking analysts; who to…

Meredith Mazzilli   


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2 mins read

Sen. Kyrsten Sinema agreed to the Inflation Reduction Act but cut the carried-interest tax provision here's what that means for wealthy investors

Democrats and Republicans alike have advocated closing the carried-interest tax loophole but have f…

Matthew Loh   


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2 mins read

How To Calculate Net Salary In 2019-20

CTC which is cost to company is the total amount that a company is spending on you. You wi…

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4 mins read

Tech companies are starting to let their employees work from anywhere — as long as they take a lower salary

While employees at companies like Twitter and VMware can work remotely on a permanent basis, they c…

Avery Hartmans   


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3 mins read

How to calculate taxable Income in 2019-20 in old tax regime

Know the current income tax slabs for different salary ranges: …

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2 mins read

Wall Street bonuses plunged 17% in 2018

"Despite a sharp decline in the financial markets in the fourth quarter of 2018, the securities ind…

Arjun Reddy   


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4 mins read

Trump's lawyer says he's not worried prosecutors named Trump personally in the tax-fraud indictment against his namesake company

Donald Trump's lawyer Ronald Fischetti said he's confident the Manhattan DA's office wouldn't charg…

Jacob Shamsian   


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2 mins read

Ford's CEO Nets Nearly $12 Million In Performance Bonuses

Another $7 million of stock, at Monday's closing share price, came in the form of 543,734 shares fr…

Reuters   


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1 min read

Elon Musk made a gross sex joke at the chair of the Senate Finance Committee who criticized his Twitter poll about taxes

Sen. Ron Wyden said a Twitter poll should not decide if "the world's wealthiest man pays any taxes …

Sinéad Baker   


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2 mins read

'WHAT THE ACTUAL F***?????': Heiress Abigail Disney slams company for furloughing workers but protecting shareholder payouts and executive bonuses

Abigail Disney slammed the company's decision to furlough employees without first canceling plans t…

Taylor Nicole Rogers