#tax break

[shinisenko]

No One Tried To Stop Half Billion Dollar Corporate Tax Break In Millionaires Tax In WA Senate

The Washington State Senate took a historic step toward fixing the state’s notoriously regressive tax code when it approved a 9.9% income ta

[idroolinmysleep]

Life hack: Save money by buying a private jet

A tax break known as bonus depreciation now lets business owners deduct 100% of certain purchases from their taxable income. Americans are t

Bloomberg reported yesterday that ultra-wealthy Americans are taking full advantage of a new rule in the One Big Beautiful Bill Act that allows them to completely write off certain high-value assets. … President Trump’s landmark legislation expanded a tax break known as bonus depreciation, which now lets business owners deduct 100% of certain purchases from their taxable income. Eligible splurges include yachts, cars, racehorses, and private jets—as long as they’re used for business more than half of the time.

I’m sure there’s a lot of wiggle room on what constitutes “business use.” And I love this line from the original Bloomberg article:

“It’s a big game,” said Johnson, who asked not to include the name of his business to avoid IRS scrutiny.

Oh, nothing sketchy going on here at all, huh?

Meanwhile, no more SNAP benefits during the government shutdown because “the well has run dry.” smh.

[hautecouturehues]

[realestateprosfl]

Now that we are in Tax Season 😭lets think about how owning a home helps you with your taxes next year! 😍 That’s three reasons in the pro column for buying a home! What are some of the other reasons on your list? #flroridarealestatebroker #homebuyertips #firsttimebuyer #househuntingtips #mortgagetips #downpaymenttips #taxbreaks

[atlaslisboa]

Americans rush to Portugal ahead of changes to expat tax breaks | Bloomberg

“People are panicking, rushing, trying to see how they get in before it all goes away,” said Daniela Lopes Costa, a tax lawyer in Lisbon, according to Bloomberg. Related, or rather, something different: Portugal extends tax breaks for foreign residents despite house price concerns (Dec. 4) Previously: Americans are leaving Portugal as golden visa honeymoon ends (June) Number of Americans…

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[hautecouturehues]

[hautecouturehues]

[masigl4179]

Tune in for part 3 of the latest #taxtipthursday series called "Attention Businesses: File on Time or Pay the Price!" Today we're talking about how your personal tax return may be delayed