Taxes

PM Hints Gambling Taxes May Rise in Autumn Budget
Prime Minister Sir Keir Starmer has hinted that gambling taxes could soon be going up, though he stopped just short of saying it outright. During an interview with ITV,...
Why Some Collectors Sell Their Artworks Through Trusts
A charitable remainder unitrust provides art collectors looking to sell with a stream of income and a smaller tax burden than they would face if they sold a work...
Zohran Mamdani won but has no mandate — it’s up to Kathy Hochul to save the city
Zohran Mamdani won a clear victory in the mayoral race Tuesday, but by far less than Democrats usually do; while the numbers aren’t final, at the very least nearly...
IRS revamps popular tax break for 401(k) contributions— and change could raise your tax bill
A popular tax break for workers nearing retirement age allowing them to make extra catch-up contributions is changing next year, which will limit access to some high earners. The...
FUSS and MUNRO: High-income families in Alberta pay majority of taxes
Article contentAs Alberta MLAs prepare to return to Edmonton for the fall session of the legislature, tax reform should be near the top of the agenda — with an...
Texas cities, counties may face new limits on raising property taxes
DALLAS (Texas Tribune) — Texas Republicans want to make it harder for cities and counties to raise property taxes — a move that would put local governments in a...
Texas AG under scrutiny for tax breaks, mortgage fraud
Texas Attorney General Ken Paxton and his wife, Angela, are longtime owners of a $1.5 million house in a gated community outside Dallas. In 2015, they snapped up a...
New Jersey tops nation’s highest property tax list at $9,413 while southern states offer relief
Property taxes are one of the most significant ongoing expenses homeowners face. The taxes are meant to fund local government services such as infrastructure, schools, and other essential systems. The...
Exclusive | NYC voters torn over Zohran Mamdani’s big plans to hike taxes on wealthy, corporations: poll
Democratic mayoral nominee Zohran Mamdani’s plans to hike taxes on corporations and wealthy New Yorkers has general election voters split, a new poll showed. Some 48% of voters were...
Congress’ newly passed bill means homeowners could save thousands in taxes
While President Donald Trump's newly passed "big, beautiful bill" makes sweeping changes to programs such as Medicaid and SNAP that have drawn significant opposition, there's some good news for...
Citigroup’s rich clients divert from US to UK despite higher taxes
[LONDON] Some of Citigroup’s wealthy clients are souring on the US and instead looking at the UK, even as Britain hikes taxes on its rich residents, according to one...
What Donald Trump’s “Big, Beautiful Bill” Does, And Does Not Do, For Hollywood
When Donald Trump signs the “Big, Beautiful Bill” on Friday, it will be a starting point for a big messaging battle with an eye on the 2026 midterms. Hollywood...