My North Carolina home was hit hard by Hurricane Helene, resulting in $78,000 in damages — can I deduct those big losses on my 2025 tax return?
When Hurricane Helene ravaged North Carolina, it left destruction in its path — and plenty of questions among homeowners ...
My N.C. home was hit by Hurricane Helene, resulting in $78K in damages — can I deduct losses on my 2025 tax return?
For example, if you suffered $78,000 in damages but received $48,000 from your insurer, only the uncovered $30,000 can be considered. You’ll also owe the IRS a share, depending on whether your losses ...
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'Bitcoin Jesus' tax charges violate US constitution, lawyers claim
Lawyers for Roger Ver, the cryptocurrency advocate known as Bitcoin Jesus, urged a US judge to dismiss his tax evasion ...
What Trump’s plan to end IRS ‘overstepping’ could mean for audits of rich people — and call hold times for everyone else
The Biden administration tried turbocharging the Internal Revenue Service’s tax-collection capabilities with billions in ...
Money from the Inflation Reduction Act marks largest ever federal investment in the Great Salt Lake
The federal government announced its largest investment toward the Great Salt Lake to date on Monday, awarding Utah $50 ...
'I'm trying not to go bankrupt': My husband of 24 years asked for a divorce. He wants my cell-phone records. Should I report him for tax fraud?
'I would like to keep the house because my grown children and grandchildren reside there' ...
ServiceNow, Inc. (NOW) UBS Global Technology and AI Conference
UBS Global Technology and AI Conference December 3, 2024 5:35 PM ETCorporate ParticipantsGina Mastantuono - Chief ...
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IRS warns of holiday shopping scams
The Internal Revenue Service is warning taxpayers to approach holiday shopping with extra caution as scammers look to check ...
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FHFA Announces Deemed-Issuance Ratio for 2025 Calendar Year
In accordance with IRS guidelines on the trading of Uniform Mortgage-Backed Securities, the FHFA has set forth the ...
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How to Avoid the Tax Trap of the Wash-Sale Rule
Tech tools can automate oversight of multiple accounts to ensure compliance while protecting investment gains.
Hogan Lovells, Reed Smith Add Tax Partners in DC, San Francisco
Hogan Lovells has brought aboard Jay Singer as a partner in the firm's corporate and finance practice group in the Washington ...
4 Ways To Prepare for the Changes Coming for 401(k)s and IRAs in 2025
Every year, the Internal Revenue Service (IRS) will make cost-of-living adjustments to American retirement plans, with the ...