ProPublica: How One Louisiana Billionaire Avoided Paying Federal Income Tax
After the Deepwater Horizon offshore drilling rig exploded in 2010, environmentalists surveying the damage in the Gulf of Mexico came upon a mystery.
After the Deepwater Horizon offshore drilling rig exploded in 2010, environmentalists surveying the damage in the Gulf of Mexico came upon a mystery.
Hobbies are a way to pile up gigantic tax write-offs that can be applied to passive income (money you earn for doing nothing).
The musical star’s estate originally told the IRS it was worth about $82 million, but the agency has pegged the real figure at about $163 million.
Dre is explaining the betrayal he feels his ex committed as they continue to battle over his $1 billion estate.
Contrary to expectations, many investors don’t have much to worry about. And while a few do, it’s nowhere near as bad as they feared.
Microsoft CEO Satya Nadella has sold 838,584 shares, yielding more than $285 million ahead of capital gains tax changes.
Couples usually have a feud over dividing their million-dollar belongings after a divorce, even their art collection.