If the SALT deduction were fully reinstated, the top 1% of taxpayers would face a tax increase less than half as large as that if the current cap on the write-off were retained, according to the Tax Foundation.
Consignor alleged fraud because artwork sold for $2 million more than agreement provided.
Whose rare books command the most money: Batman, Superman, Spider-Man or someone else?
How wealthy families are giving.
The $3.5 trillion Build Back Better Act provides a variety of changes across the Tax Code.
As younger generations come into wealth and begin their search for an advisor, they will use the same digital means to find them that they use for any other service or product.
Among the $2 trillion in tax hikes is a proposal to add commodities, currencies and digital assets to the so-called wash-sale rule.
It currently sits at 20%.
It's all about the taxes.
Is it just a game of political 'whack-a-mole?'
