Today news
About the same in other media
New York Business Owners Sidestep Billions in Federal Taxes With State’s Help
Reading now: 203
wsj.comNew York business owners are saving billions of dollars in taxes by using a state-approved system for sidestepping the $10,000 federal cap on state and local tax deductions.
Owners of closely held businesses paid the state $11 billion in pass-through entity taxes by the end of 2021, according to the state’s Department of Tax and Finance. Pass-through businesses usually don’t pay income taxes directly but pass income and deductions through to their owners’ individual returns.
Read more on wsj.comAbout this in other media
New York City’s mayor is getting paid in cryptocurrency. These are the bills he can (and can’t) pay theguardian.com /2 years ago
NYC Mayor to Receive 1st Paycheck in Crypto Converted via Coinbase blockchain.news /2 years ago
New York Mayor to receive first paycheck in cryptocurrency economictimes.indiatimes.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
