Webinar: Income & Estate Tax Implications Under The Biden-Harris Administration
A forward looking discussion on potential impacts and policies of the newly elected Biden-Harris administration.
Rich Wall Streeters Face Shock Tax Hike While Rest of Wealthy Escape
Wealthy Americans, who were girding for the biggest set of tax increases in three decades just a year ago, now look mostly safe from higher levies for years to come.
Proposed end of carried interest would mean tax hike for rich Wall Streeters
The tax deal in the Senate would eliminate the tax break used by private equity and hedge fund managers.
Paying Domestic Help Free Of Taxes Just Got Trickier
New IRS rules mean high-net-worth clients may not be properly accounting for Social Security or workers comp when paying their domestic help—especially if they use certain payment methods.
Tax Changes Could Spell Trouble For Clients Who Pay Domestic Staff
New IRS rules require reporting income for some transactions of just $600 or more, down from a much higher previous threshold. Wealthy clients who routinely pay domestic help and other workers could get tripped up in tax reporting.
What the wealthy can fear from a new IRS rule on $600 payments
A new law that requires cash apps and online marketplaces including Venmo and eBay to send tax documents to millions of Americans is ensnaring a surprising demographic: the wealthy.