ON THE EDGE: Progressive Democrats who’ve long sought to close California corporate tax loopholes say they may get a jolt ...
Many corporate executives who have donated company stock to their family foundations have earned bigger tax breaks by backdating their donations to correspond to peaks in the value of their shares or ...
Hundreds gathered in Salem to call on lawmakers to close corporate tax loopholes and protect essential services.
Democrats in the House and Senate say that new Treasury regulations will allow large corporations to avoid paying the corporate alternative minimum tax (CAMT). The CAMT is a sweeping tax rule that ...
NEW ORLEANS - The "Geoffrey Loophole," named after the familiar giraffe mascot of Toys R Us, is no fun for state taxing authorities. Under the loophole, local outlets of large national chain stores ...
In 2024, Tesla reported a profit of $7.1 billion but paid no corporate income tax, according to an analysis by the nonprofit Institute of Taxation and Economic Policy, or ITEP. That isn’t particularly ...
GOBankingRates spoke to some finance experts to find out about tax strategies the wealthy use -- and whether the average American can also benefit from them.
Tax avoidance strategies aren’t solely for the rich — plenty of tax deductions and credits are available for middle- and low-income taxpayers to seize too.