Rich Americans Cut Tax Bills With Money-Losing Bonds
Rich Americans nursing big bond losses in the year inflation roared back are discovering there’s a silver lining to the pain in their portfolios.
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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.
How Elite Hobbies Let Billionaires Pay No Tax
Hobbies are a way to pile up gigantic tax write-offs that can be applied to passive income (money you earn for doing nothing).
Pop Star Prince’s Estate Fight With IRS Set for March Trial
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.
Dr. Dre Hands Over Copy Of Prenup To Court That His Ex-Wife Nicole Claimed Mogul Tore Up
Dre is explaining the betrayal he feels his ex committed as they continue to battle over his $1 billion estate.
Here's Why Millions of Affluent Investors Can Relax About the Tax Bill
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 Dumps Half of Shares Ahead of Capital Gains Tax Change
Microsoft CEO Satya Nadella has sold 838,584 shares, yielding more than $285 million ahead of capital gains tax changes.
