Tag Archives: Tax

High Earners Age 50 and Older Are About to Lose a Major 401(k) Tax Break – The Wall Street Journal

High Earners Age 50 and Older Are About to Lose a Major 401(k) Tax Break  The Wall Street Journal New Regulations for Retirement Catch Up Contributions  FEDmanager Treasury, IRS finalize rule for 401(k) catch-up contributions. What it means for higher earners  CNBC New IRS Retirement Rules Could Shake Up Homeowners’ Nest Eggs Under SECURE 2.0 Act  Realtor.com Saving for retirement is getting more expensive  qz.com …

Read More »

Good bye to the $7,500 EV tax credit. What’s that mean for EV prices?

Good bye to the ,500 EV tax credit. What’s that mean for EV prices?

Facebook Tweet Email Link Sales of electric vehicles in the United States are almost certain to tumble when the $7,500 federal tax credit for EV buyers expires on October 1, leaving automakers and car buyers wondering where prices will go. The tax credit, which was passed in 2022 as part of the Biden administration’s legislative push to support EVs and …

Read More »

Tesla makes a big change to reflect new IRS EV tax credit rules

Tesla makes a big change to reflect new IRS EV tax credit rules

Tesla has made a big change in terms of its ordering process to reflect the new rules regarding the $7,500 EV tax credit, which the IRS adjusted the rules to just a few weeks ago. The EV tax credit is set to expire on September 30, bringing an end to a program that has been widely advantageous to consumers and …

Read More »

Greece’s once notorious tax system becomes one of Europe’s most efficient

Greece’s once notorious tax system becomes one of Europe’s most efficient

ATHENS, Greece (AP) — With a pristine white exterior, the Greece tax authority’s new headquarters looks out of place on a clogged industrial artery outside Athens. A former shopping mall and ice rink, the building has been overhauled into an ultramodern digital center that has led the rescue of the nation’s ailing finance and tax sector. It is teeming with …

Read More »

Modi’s tax cuts will give India a festive spending boost

Modi’s tax cuts will give India a festive spending boost

Nikhil Inamdar & Archana ShuklaBBC News, Mumbai LightRocket via Getty Images Lower GST rates coincide with the beginning of a long festive season in India Starting Monday, the daily economic burdens of millions of Indians could ease slightly. Staples like milk and bread, life and medical insurance and life-saving drugs will become tax-free. Consumption tax on small cars, television sets …

Read More »

Tax credits for home efficiency upgrades or a dream EV expire soon, but you can still grab them

Tax credits for home efficiency upgrades or a dream EV expire soon, but you can still grab them

Tax incentives that saved U.S. residents thousands of dollars on home efficiency upgrades, clean energy installations and electric vehicles are expiring this year. That means people who want to take advantage of them before they disappear have to act quickly. “There is still time, but the clock is ticking,” said Zach Pierce, head of policy at Rewiring America, a nonprofit …

Read More »

Strip Club Executives Bribed Tax Auditor With Lap Dances, Charges Say – The New York Times

Strip Club Executives Bribed Tax Auditor With Lap Dances, Charges Say  The New York Times RCI Hospitality strip club execs bribed tax auditor with comped dances: NY AG  CNBC Strip club executives charged with bribing NY official to avoid paying $8M in taxes  ABC News Major NYC strip club group bribed state auditor with lap dances, avoided $8M in taxes: AG  New York Post …

Read More »

Ex-NY state tax auditor implicated in strip club bribery scheme – Times Union

Ex-NY state tax auditor implicated in strip club bribery scheme  Times Union Strip Club Executives Bribed Tax Auditor With Lap Dances, Charges Say  The New York Times RCI Hospitality strip club execs bribed tax auditor with comped dances: NY AG  CNBC Strip club executives accused of bribing tax auditor with private dances and other perks  AP News Major NYC strip club group bribed state …

Read More »

Attorney General James Indicts Strip Club Company Executives for Multimillion Dollar Tax Fraud Scheme and Bribery of State Tax Auditor

Attorney General James Indicts Strip Club Company Executives for Multimillion Dollar Tax Fraud Scheme and Bribery of State Tax Auditor

NEW YORK – New York Attorney General Letitia James today announced the indictments of top executives of RCI Hospitality Holdings, Inc. (RCI), a company that owns and operates strip clubs throughout the country, for their roles in a major, multimillion dollar criminal tax fraud and bribery scheme. An investigation by the Office of the Attorney General (OAG) revealed that RCI …

Read More »

RCI strip club executives charged with bribery, tax fraud

RCI strip club executives charged with bribery, tax fraud

Five top executives of publicly traded strip club operator RCI Hospitality Holdings — including its CEO Eric Langan — have been indicted in connection with a multi-million-dollar criminal tax fraud and bribery scheme, New York Attorney General Letitia James announced Tuesday. The scheme included RCI executives allegedly bribing a New York state Department of Taxation and Finance auditor and supervisor …

Read More »