Rent control and the tax break have huge impacts on the New York City housing market, and they're touchy for lawmakers in any year because the real estate industry is one of the biggest political donors in Albany. On the other side, tenant advocates and liberal groups have organized big rallies in New York and Albany to denounce the tax break and urge lawmakers to...» Read More
*He is Hong Kong's top tax payer for 5 years- report. HONG KONG, Jan 22- In late summer 2014, as mass protests rocked central Hong Kong, Canning Fok sat in his office quietly planning a business overhaul that would make his boss Li Ka- shing, Asia's richest man, richer still. After Li revealed the fruits of Fok's labour on Jan. 9, describing it as a "watershed" moment in the...
Jason Furman, Council of Economic Advisers, provides a preview of President Obama's State of the Union address on Tuesday night where he is expected to talk about tax reform.
Dave Prokupek, Jackson Hewitt, explains what taxpayers need to know to start filing their 2014 taxes and whether to expect delays. Also Prokupek discusses the benefits of filing early.
BEIJING, Jan 16- China will keep economic growth in a reasonable range this year and push forward fiscal reforms on taxes and overseas investment, top planning agency said on Friday. The government will take measures to further boost domestic demand in 2015, the National Development and Reform Commission said in a statement. It will also aim to keep stable...
Various factors, including a lack of coverage or whether or not a plan is subsidized, can affect an individual's refund total.
Some of those losers in your portfolio can save you money at tax time. Here's how to make them work for you.
TOKYO, Dec 16- Japan's government is considering lowering the corporate tax rate, one of the highest among major economies, by 2.5 percentage points next fiscal year to increase corporate competitiveness, the Nikkei newspaper reported. Japanese Prime Minister Shinzo Abe had been planning to lower the corporate tax rate over several years to around 20 percent...
Dec 10- Hilton Worldwide Holdings Inc is in talks to buy four properties from Blackstone Group LP and others for deferring tax payments from the sale of its Waldorf Astoria hotel in New York, Bloomberg reported. The company is planning to buy San Francisco's Parc 55 Wyndham, two Waldorf Astoria resorts in Key West and one in Orlando, Florida, the report said, citing...
Peter Boardman, Managing Director of Tradewinds, explains what a second tax hike means for Japan's retail sector and outlines what the government could do to help firms.
Robin Williams made provisions for his kids and tried to protect them from estate taxes, but experts say he could have done better by them.
Having a family talk about parents' goals for old age is never easy, but experts say it needs to happen more often. Here's how.
CNBC contributor Herb Weisbaum explains how consumers can combat an alarming trend in the underworld of tax fraud -- crooks pretending to be IRS or U.S. Treasury agents calling about a problem with your tax return. It's a scam that continues long after tax season officially ends.
Some $59 trillion will be passed down by 2061, and for charities, the potential is huge. Here's how they can tap the flow.
Philip Seymour Hoffman's will was 10 years old, and experts say that was just one of the problems.
When most people think taxes, usually the first word that comes to mind isn't 'logical.' It appears that is true outside of the United States as well.
A US appeals court struck down the IRS's authority to regulate tax-return preparers, dealing a blow to the Obama administration.
Tax season is here after a great year for the stock market, making this a good time to tally up the deductions you can use. Try these.
It's tax season, and once again IRS auditors are eyeing errors and omissions from returns. Here's what could trigger a second look from the feds.
Identity theft is already a serious problem—the No. 1 complaint to the FTC—and tax-related identity theft is a growing part of this crime spree.
This is your last chance to take advantage of dozens of tax credits and deductions that are going away.