Tag: Tax Break

Tax Code, Regulations and Guidance

Warren Buffett Hates This Tax Break — And Some of It Is on the Chopping Block

August 2, 2022

Via: Entrepreneur

Carried interest, a current tax break that can potentially impact startups, private equity, and the venture capital community, is back on the national legislative stage in a new bill titled, The Inflation Reduction Act of 2022. The bill has a […]

Tax Code, Regulations and Guidance

Biden Plan Limits Tax Break Used by Farmers

May 6, 2021

Via: The Wall Street Journal

President Biden has said his tax proposals would make big business and wealthy investors pay their fair share. His package would also likely deliver a blow to American farm owners by limiting a longstanding tax break. The provision allows landowners […]

Tax Code, Regulations and Guidance

Circuit Hears Debate on Clergy Housing Tax Break

October 26, 2018

Via: FindLaw

It turns out that taxes are not certain — particularly when it comes to religion. Judge Barbara Crabb made that point in Gaylor v. Mnuchin, when she said a tax break for the clergy is unconstitutional. Now the U.S. Seventh […]