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News
Dueling State Approaches to Taxing Related Businesses: Explained
2+ day, 22+ hour ago (75+ words) Bloomberg Law News A recent Massachusetts decision called into question the dominant method for determining how to apportion a unitary group’s taxable income in combined filing states. The approach Massachusetts follows tends to bring in more money for states, and…...
How Would A Wealth Tax Work?
3+ day, 10+ hour ago (1057+ words) Jeff Bezos says raising his taxes is pointless. “You could double the taxes I pay and it’s not going to help that teacher in Queens,” he says. Well, he’s partly right. Bezos has gotten away with paying no income tax…...
New York City Reduces Unincorporated Business Tax Credit for High Earners
3+ day, 21+ hour ago (491+ words) Forvis Mazars US - Historically, taxpayers with taxable income of $142,000 or greater were entitled to a credit equal to 23 percent of their portion of the unincorporated business tax paid by entities subject to the tax in which the individuals were members,…...
Hollywood CEOs Are Spending Millions On Bodyguards As Threats Soar
3+ day, 22+ hour ago (653+ words) With attacks on corporate leaders at record levels, entertainment, media and tech chiefs now command security details that rival heads of state. And the tab is climbing fast. The Altman incident was a highly public moment involving a mogul, but…...
Mayors urged to take a slice of corporation tax
4+ day, 21+ min ago (380+ words) A think tank has said mayors should be given a share of corporation tax raised by businesses in their areas. The Centre for Cities claims about 2% of corporation tax – a tax some companies pay to the government on the money…...
Feeling squeezed, Natick businesses & landlords urge town not to go split tax rate route
4+ day, 11+ hour ago (380+ words) The chances of Natick adopting a split tax rate in the near future are just slightly higher than those of the town rebuilding the Charles River spillway. But the Select Board pledged during the $7m override discussions last year that it…...
Tax Strategy: The New Center of High-Net-Worth Planning
4+ day, 13+ hour ago (413+ words) Learn how proactive tax strategy deepens HNW client relationships, creates planning opportunities, and differentiates advisors in a competitive market. The good news is that your instincts are right if you’ve sensed that your HNW clients want more from you in…...
Kevin O'Leary Slams Mamdani's New York City Tax Plan as 'Sheer Blind Stupidity"
4+ day, 23+ hour ago (981+ words) Kevin O'Leary blasts NYC tax plan targeting the wealthy. A new proposal to raise taxes on wealthy individuals and corporations in New York City is reigniting a familiar debate: how to generate more revenue without pushing money and taxpayers out…...
More than 900 taxing districts on Long Island can make property tax bills difficult to understand
5+ day, 1+ hour ago (197+ words) News12 | Long Island More than 900 taxing districts on Long Island can make property tax bills difficult to understand Long Islanders are no strangers to high property taxes. But understanding exactly who is taxing you can be a challenge. Sep 8, 2026, 6:30 AM DEC,…...
Lawmakers Push Back On Resorts World NYC Tax Rate
4+ day, 23+ hour ago (621+ words) Ten Queens Democratic lawmakers have signed a letter urging New York State Gaming Commission Chairman Brian O'Dwyer to cut the effective tax rate Resorts World New York City says it owes the state, arguing the real figure runs well above…...