tax breaks for gifts to grandkids Headlines

  • Top Republican House tax writer floats 300-page tax bill on retirement plans and tax breaks

    A Republican who will soon step down as chairman of the U.S. House of Representatives tax committee late on Monday released a sweeping, nearly 300-page tax bill that he said would affect Americans’ retirement savings, numerous business tax breaks and redesign the Internal Revenue Service. Representative Kevin Brady, chairman of the House Ways and Means Committee only until early January, shepherded through the House and onto President Donald Trump’s desk in 2017 a large tax …

    Raw Story
  • The very unusual tax payer funded ‘Australian gifts’ for politicians to gift foreign diplomats

    Daily Mail Australia can reveal the many bizarre gifts deemed 'culturally appropriate' for our foreign guests from eucalyptus-flavoured vodka and platypus letter openers to large watermelon bowls.

    Mail Online
  • Amazon's New York headquarters could mean millions in tax breaks from Trump's tax plan

    Amazon announced it is splitting its second headquarters, or "HQ2", between Virginia and the the Long Island City neighborhood of Queens in New York City. Long Island City is a designated "opportunity zone," a tax benefit scheme that was rolled out as part of President Trump's tax reforms. Opportunity zones are meant to encourage businesses to invest in low-income areas, but critics have pointed out that Long Island City is not low-income. Amazon announced on Tuesday that its second...

    Business Insider
  • 20 Most-Overlooked Tax Breaks and Deductions

    Yes, tax reform eliminated or pared back a lot of popular write-offs. It's also true that many more people will now take the standard deduction instead of itemizing. But there are still plenty of hidden tax-saving opportunities to be found. In fact, the new law actually improved some tax breaks and added a few new ones. We've updated this popular guide to common tax deductions many filers may miss to ensure that your 2018 return is a money-saving masterpiece. Cut your tax bill to the bone by...

    www.kiplinger.com
  • Ivanka, Kushner could profit from tax break they pushed

    At an Oval Office gathering earlier this year, President Donald Trump began touting his administration's new real estate investment program, which offers massive tax breaks to developers who invest in downtrodden American communities. He then turned to one of the plan's strongest supporters.

    ABC News
  • How to give to family and friends — and avoid gift taxes

    Under federal tax law, it’s not the recipient but the gift giver who is subject to the gift tax. That’s why before you give, you’ll want to reference this list of basic rules:

    WTOP
  • Looking For A Beauty Gift That Won't Break The Bank? It's At Target

    If you're planning on banging out some early holiday shopping this weekend — before December 23rd when you'll inevitably reach the point of defeat while being elbowed in a painfully long checkout line at your third toy store stop — we salute your foresight. We also suggest you start at Target because the megastore has stocked its shelves with a ton of new seasonal goodies; the best of which can be found in the Beauty & Personal Care aisles. There, you'll find shelves filled with holiday gift...

    @refinery29
  • That prehistoric fossil in your attic may be a tax break

    How much of a tax break can you take by donating 3,400 bushels of soybeans? There just might be a market — and a deduction — for the strange items you give away.

    CNBC
  • Alders OK Route 34 Tax Breaks

    Alders greenlighted a 17-year tax abatement deal for a developer promising to transform 4.3 acres of vacant land on Route 34 into 56 affordable townhomes.

    New Haven Independent
  • 14 Tax Breaks You Won’t Believe Are Real

    Okay, admit it: As you've struggled with your tax return, trying to come up with some extra deductions to pump up your refund or reduce what you owe, you've taken a few flights of fancy. "Can I claim a deduction for all those blood donations at the Red Cross?" Nope. "How about a charitable contribution for all the time I donate to the church?" No, again. "Can I take my dog as a dependent?" Come on! On the other hand, your fellow taxpayers have successfully claimed write-offs for many things...

    www.kiplinger.com
  • 14 Nice-Try Tax Breaks Rejected by the IRS

    Over the years, taxpayers have concocted a lot of zany arguments to justify their tax breaks. We've come up with 14 of the most creative ones that the courts decided did not quite work. SEE ALSO: 14 Tax Breaks You Won't Believe Are Real

    www.kiplinger.com
  • AP: Ivanka, Kushner could profit from tax break they pushed

    WASHINGTON (AP) - At an Oval Office gathering earlier this year, President Donald Trump began touting his administration's new real estate investment program, which offers massive tax breaks to developers who invest in downtrodden American communities. He then turned to one of the plan's strongest supporters. "Ivanka, would you like

    www.washingtontimes.com
  • Ivanka, Jared Kushner could profit from tax break they pushed

    WASHINGTON — At an Oval Office gathering earlier this year, President Donald Trump began touting his administration’s new real estate investment program, which offers massive tax breaks to developers who invest in downtrodden American communities. He then turned to one of the plan’s strongest supporters. “Ivanka, would you like to say something?” Trump asked his

    New York Post
  • AP: Ivanka, Kushner could profit from tax break they pushed

    At an Oval Office gathering earlier this year, President Donald Trump began touting his administration's new real estate investment program, which offers massive tax breaks to developers who invest in

    thenewstribune
  • Report: Ivanka, Kushner could profit from tax break they pushed

    The Opportunity Zone program promoted by Ivanka Trump and her husband Jared Kushner — both senior White House advisers — could also benefit them financially, an AP investigation found.

    WTOP
  • AP: Ivanka, Kushner could profit from tax break they pushed

    WASHINGTON (AP) — At an Oval Office gathering earlier this year, President Donald Trump began touting his administration’s new “Opportunity Zone” program that offers massive tax breaks to developers who invest in downtrodden American communities.

    WTOP
  • AP: Ivanka, Kushner could profit from tax break they pushed

    WASHINGTON (AP) - At an Oval Office gathering earlier this year, President Donald Trump began touting his administration's new real estate investment program, which offers massive tax breaks to developers who invest in downtrodden American communities. He then turned to one of the plan's strongest supporters. "Ivanka, would you like

    www.washingtontimes.com
  • AP: Ivanka, Kushner could profit from tax break they pushed

    At an Oval Office gathering earlier this year, President Donald Trump began touting his administration's new real estate investment program, which offers massive tax breaks to developers who invest in

    charlotteobserver
  • AP: Ivanka, Kushner could profit from tax break they pushed

    At an Oval Office gathering earlier this year, President Donald Trump began touting his administration's new real estate investment program, which offers massive tax breaks to developers who invest in

    miamiherald
  • AP: Ivanka, Kushner could profit from tax break they pushed

    At an Oval Office gathering earlier this year, President Donald Trump began touting his administration's new "Opportunity Zone" program that offers massive tax breaks to developers who invest in downtrodden

    charlotteobserver
  • AP: Ivanka, Kushner could profit from tax break they pushed

    At an Oval Office gathering earlier this year, President Donald Trump began touting his administration's new "Opportunity Zone" program that offers massive tax breaks to developers who invest in downtrodden

    thenewstribune
  • AP: Ivanka, Kushner could profit from tax break they pushed

    An Associated Press investigation finds President Donald Trump's daughter and son-in law stand to benefit from a program they pushed that offers massive tax breaks to developers who invest in

    thenewstribune
  • A Plea from the Left and the Right to End ‘Temporary’ Tax Breaks

    Michael RaineyDecember 7, 2018There aren’t many issues that the left-leaning Economic Policy Institute and the right-libertarian, Koch-funded

    The Fiscal Times
  • EU ministers fail to break digital tax deadlock

    European Union finance ministers failed to agree a tax on digital revenues on Thursday, despite a last minute Franco-German plan to salvage the proposal by narrowing its focus to firms like Google and Facebook.

    in.reuters.com