taxes
Damien has secretly worked multiple remote jobs, earning six figures on and off for years. To reduce his hefty tax burden, he’s used several strategies, including maxing out his 401(k).Damien, who works in IT support, is on track to earn $386,000 this year from three full-time remote jobs, two of…
Tiesto saved $28 million over six years through illegal offshore tax shelters, court documents show.Prosecutors now want the tax attorney who masterminded the scheme to personally pay most of it back.The tax attorney counters that Tiesto should be responsible for his own back taxes.On Thursday, DJ Tiesto, who earns millions…
Starbucks booked $1.3 billion in profit in a Swiss subsidiary over a decade, a new report says.The move appeared to reduce Starbucks’ tax bill in other countries.It’s the latest example of companies using tax havens to avoid tax rates in the US and elsewhere.A little-known Starbucks subsidiary in Switzerland appears…
Americans face potential tax bill changes as Trump’s 2017 tax package is set to expire this year.The 2017 Tax Cuts and Jobs Act lowered rates and shifted brackets for filers.Republicans plan to prioritize tax policy, aiming to extend cuts and reduce other taxes.Americans could see their tax bill change next…
