Subscribe to Updates
Get the latest finance and business news and updates directly to your inbox.
Trending
tax
Jennifer and Paul Tessmer-Tuck used to owe a lot in taxes. Loading audio narration… “Our single biggest expense every year was our state and federal taxes, for sure,” Jennifer, a physician at a major Minneapolis hospital, told Business Insider.That changed when they started buying real estate. A unique IRS designation…
New York City’s new mayor, Zohran Mamdani, is making good on his campaign promise of taxing the rich. Loading audio narration… On Thursday, Mamdani and New York Governor Kathy Hochul jointly announced a new tax proposal aimed at wealthy people who own second homes in the city.The proposed pied-à-terre tax…
It’s a truth universally acknowledged that a single man with a crypto wallet must be in want of a West Village girlfriend. Jane Austen’s heroines had their balls and soirees; the downtown women of today have the Tax Day Party. Loading audio narration… Attendees rode a rickety, manually operated elevator…
A New York City tax proposal targeting ultrawealthy homeowners is drawing fierce backlash from business and financial figures. Loading audio narration… “NYC is cooked,” wrote Austin-based entrepreneur Jason Calacanis in a post on X, capturing a wave of alarm among investors, executives, and conservative commentators after Gov. Kathy Hochul and…









