Tax News

Tax News

• Market for Home Solar Systems Heats Up
  
  With falling costs and hefty tax credits for solar systems, more homeowners are harnessing the sun to save money.
  Kiplinger.  Tue, 16 Jul 2019 11:09:19 -0400.
• IRS Releases Draft Form of New 1040 Tailored for Seniors
  
  Easier-to-read form highlights retirement income streams and other tax benefits for citizens 65 and older.
  Kiplinger.  Mon, 15 Jul 2019 17:47:24 -0400.
• How a tax loophole is helping Silicon Valley workers save millions
  
  Here's one of the great windfalls in Silicon Valley: a provision in the tax code that allows employees at small companies to receive tens of millions of dollars in stock gains tax-free.
  Paul Sullivan.  American City Business Journals.  Fri, 12 Jul 2019 21:46:57 +0000.
• Making a Financial Gift? Read These Tax Implications First
  
  Higher gift tax exemptions open up planning opportunities. Let's take a look at the new limits and other exclusions to ensure full utilization of the increased lifetime exemption and annual exclusion amounts.
  Devyani Chamria.  Zacks.  Wed, 10 Jul 2019 10:39:00 GMT.
• New York Clears Way for Release of Trump's State Tax Returns
  
  Amendment to state tax law raises possibility of fresh avenues of inquiry for lawmakers investigating president's finances.
  Voice of America.  Mon, 08 Jul 2019 12:33:01 -0400.
• India hopes making electric vehicles cheaper will get more people to buy them
  
  India's finance minister said her government will provide additional income tax deduction on the interest paid on loans to buy electric cars.
  CNBC.  Mon, 08 Jul 2019 07:54 GMT.
• Sherwin-Williams expects $77 million charge in second quarter
  
  Sherwin-Williams Company said that it expects a charge of about $77 million in the second quarter, reflecting a loss in expected tax benefits related to its investment in mobile solar generators with DC Solar Solutions. ...
  Russell.  Furniture Today.  Wed, 03 Jul 2019 15:00:05 +0000.
• Elizabeth Warren offers reparations to gay couples who couldn't file joint tax returns
  
  Elizabeth Warren reintroduced a bill Thursday that would give financial reparations to same-sex couples for the years gay marriage was not legal on the federal level.
  Daily Mail.  Mon, 24 Jun 2019 18:46:07 GMT.
• Billionaires From Soros to Pritzker Heirs Call for Wealth Tax
  
  Some of the richest people in the U.S. are calling for a federal wealth tax.Financier George Soros, heiresses Regan Pritzker and Abigail Disney and Facebook Inc. ...
  Newsmax.  Mon, 24 Jun 2019 08:24:41 EDT.
• 'It's not about ourselves': Companies giving back this tax time
  
  The end of financial year can be a deductions rush: these entrepreneurs want to change focus.
  Kate Jones.  Sydney Morning Herald.  Mon, 24 Jun 2019 00:00:00 +1000.

• Adirectory.us Tax Page (Directory Page)
  
  This tax category page lists editorially-reviewed websites and web pages that pertain to this topic.
  http://www.adirectory.us/finance/tax-preparation/
  

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