Real estate is a cyclical business. Markets crash. Deals sour. But hard landings are rare for a savvy property mogul, thanks to the U.S. tax code. Take Harry Macklowe, a New York City developer. Macklowe, 81, hasn’t paid income tax since the 1980s, according to a court opinion in his divorce proceedings issued in December....
Wealth management is a service that is provided by wealth management companies where professional experts will provide financial, investment, tax advice. These experts also provide plans for a good retirement and estate planning. The investors will work with a wealth manager, who will provide information that they will get from various financial experts and it...
Don’t pay more than you need to: savvy strategies for tax planning, income taxes, tax credits and deductions, business taxation, charitable giving – plus updates on tax-law changes. The chance you underwithheld on your taxes in 2018 may be higher than you think. A 2018 report by the Government Accountability Office (GAO) suggests that 21%...
The tax authorities would acknowledge that most citizens are perfectly law-abiding. We know that we’re obliged to pay certain taxes and we ensure that they are paid in their entirety, with full disclosure, prior to the due date. However, there always seems to be a minority who do everything possible to flout the law and...
presented by www.MoneyTaxServices.com The Most-Overlooked Tax Deductions Years ago, the fellow running the IRS told Kiplinger’s Personal Finance magazine that he figured millions of taxpayers overpaid their taxes every year by overlooking just one of the money-savers listed here. We’ve updated all the key details in this popular slide show to ensure that your 2015...