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Roth IRA owners face unexpected tax complication with new Saver's Match benefit arriving in 2027

The Saver's Match, a new federal retirement benefit created under the SECURE 2.0 Act of 2022, will replace the existing Saver's Credit starting in 2027. It offers up to $1,000 per year directly deposited into qualifying Americans' retirement accounts. However, Roth IRA owners fac

Newsfinancepersonalretirement planning

bit.ly·Business by Flipboard·3h ago·6 min read

Economists challenge claims of millionaire flight from New York over proposed tax increases

Opinionpoliticsbusinesstax policy

Shared by @mayor.nyc.gov on Bluesky ↗

amny.com9h ago

Outdated capital gains tax threshold on home sales sparks debate amid housing shortage

Newsfinancereal estatepolitics

Shared by @usatoday.com on Bluesky ↗

bit.ly11h ago

Bezos and Cardone propose eliminating federal income taxes for middle-class Americans

Newsfinancepoliticstax policy

Shared by @sacbee.com on Bluesky ↗

bit.ly1d ago

Bezos and Cardone unite in call to end federal income taxes for middle-class Americans

Newsfinancepoliticstax policy

Shared by @idahostatesman.com on Bluesky ↗

bit.ly1d ago

Trump Administration Policies Enable $40 Billion in Corporate Tax Avoidance Through Offshore Havens

Newspoliticsbusinesstax policy

Shared by @amarten.bsky.social on Bluesky ↗

nytimes.com1d ago

How Peter Thiel Used a Roth IRA to Build a $5 Billion Tax-Free Fortune

Insightfinancepoliticstax policy

Shared by @propublica.org on Bluesky ↗

propublica.org22h ago

Capital gains tax changes are not an attack on young home buyers

The article argues that claims about capital gains tax changes in the Budget harming young people's ability to buy homes by undermining stock market investment strategies are unfounded and nonsense.

Opinionfinancepoliticshousing

thepoint.com.au·Trending Finance·3d ago·1 min read

Small business owners criticize Labor's capital gains tax concession changes as insufficient

Small business owners, including an Indigenous startup called Yarn'n, are criticizing Labor's proposed changes to capital gains tax (CGT) concessions. While the government has signaled willingness to update the definition of a small business to expand access to CGT concessions, b

Newspoliticsbusinesssmall business

abc.net.au·Business by Flipboard·3d ago·6 min read

Social Security tax surprise: Why many retirees face unexpected tax bills on benefits

The article discusses a growing issue where retirees are surprised to learn that their Social Security benefits may be taxable, contrary to the long-held assumption that benefits are tax-free. It highlights declining retiree confidence in Social Security (dropping to 61%) and ris

Insightfinancepersonalretirement planning

bit.ly·Business by Flipboard·3d ago·11 min read

New York City passes pied-a-terre tax targeting luxury second homes; Ken Griffin's tax bill would more than triple

Newsfinancereal estatepolitics

cnbc.com3d ago

Labor's capital gains tax uncertainty prompts biotech talent concerns in Australia

Newspoliticsbiotechnologybusiness

Shared by @punchumgum.bsky.social on Bluesky ↗

abc.net.au4d ago

New York's Luxury Pied-À-Terre Tax on Secondary Homes Set for July Implementation

Newsreal estatepoliticsnews

Shared by @forbes.com on Bluesky ↗

forbes.com4d ago

How America's oligarchs evade accountability while the IRS stands powerless

Opinionpoliticsbusinesstax policy

Shared by @diane52a.bsky.social on Bluesky ↗

motherjones.com3h ago

Jeff Bezos proposes zero federal income tax for bottom half of earners; data shows low earners already pay minimal rates

Newsfinancepoliticstax policy

Shared by @margotsibley25.bsky.social on Bluesky ↗

cnbc.com4d ago

UK Chancellor Reeves amends PE tax regime, targeting oil and gas firms first

Newsfinancebusinesstax policy

Shared by @uk-nb.bsky.social on Bluesky ↗

newsbeep.com4d ago

Tax avoidance by corporations undermines meaning of Dutch tax rates

This opinion piece argues that nominal tax rates in the Netherlands are becoming less meaningful because large corporations and wealthy individuals can avoid paying them through loopholes and avoidance schemes. The article criticizes how the business lobby, represented by PwC, do

Opinionpoliticsbusinesstax policy

buff.ly·📰 News·4d ago·4 min read

Understanding the Conversion Between Wealth Tax and Income Tax Rates

Insightfinancepoliticseconomics

paulgraham.com9d ago