How to give away up to $11 million and save 40% on taxes

The new tax law allows wealthy individuals to save big by giving away up to $11.18 million without having it be subject to the 40 percent levy on gifts and estates. But this giveaway won't be around forever. Here's how to plan......»»

Category: topSource: moneycentralJun 14th, 2018

Tax Avoidance: Apple Claims HQ Buildings Worth Only $200 To Save On Taxes

Silicon Valley’s largest and most iconic companies are employing armies of lawyers to show that their buildings are worth a lot less than what county tax assessors state. In Santa Clara County, California, Apple Inc., the United .....»»

Category: blogSource: zerohedgeAug 16th, 2018

Airbnb hands over $10 million to nonprofits in new PR blitz

Airbnb aimed to prove Wednesday that its talk about the benefits of short-term rentals isn't merely hot air. At a morning event in Manhattan, the company announced it would give seven... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 15th, 2018

FT boss to give back part of $3.3 million salary after staff complain

Financial Times Chief Executive John Ridding is to give some of his 2.6 million pound ($3.3 million) salary back to the company after a group of the newspaper's reporters complained about his pay, according to an email to staff seen by Reuters......»»

Category: topSource: reutersAug 15th, 2018

Grow: You could be in for a shock if you’re one of 30 million people who will owe taxes next year

For 1 in 5 taxpayers, employers may not be withholding enough to cover their tax bills......»»

Category: topSource: marketwatchAug 13th, 2018

Tim Cook is worth $625 million and leads a $1 trillion company — but he reportedly buys discounted underwear and wants to give his money away after paying for his nephew’s tuition

Richard Drew/AP Apple CEO Tim Cook's net worth is estimated to be $625.37 million. That's mostly from Apple stock options. But the native Alabaman doe.....»»

Category: topSource: businessinsiderAug 12th, 2018

How investing $5 a day can lead you to $1 million

If you save $5 a day in an account with a 10 percent annual return, you'll have around $30,000 in 10 years, $330,000 in 30 years and $2.3 million in 50 years......»»

Category: topSource: moneycentralAug 10th, 2018

Malcolm Turnbull Gives $444 Million to an Arts Major to Save Reef

Malcolm Turnbull Gives $444 Million to an Arts Major to Save Reef What a festival stupidity Canberra has become, the Prime Minister has handed of $444m to an Arts Major to save Australia̵.....»»

Category: topSource: livetradingnewsAug 8th, 2018

Ban Makes Residents 60% More Likely to Quit, Protects Children

HUD’s new ban on smoking in almost 1 million taxpayer-subsidized apartments will save.....»»

Category: blogSource: valuewalkAug 7th, 2018

Wayside Technology Group, Inc. Reports 2018 Second Quarter and Declares Quarterly Dividend

Net operating results include impact of separation expenses, net of taxes of $2.0 million Second quarter 2018 Financial Highlights:   Net sales $43.9 millio.....»»

Category: earningsSource: benzingaAug 7th, 2018

Why you shouldn"t bank on $1M to get you through retirement anymore

Retirement, a time many of us dream about and save for. But even though you might think you're planning correctly, it turns out the magical retirement savings number of $1 million might no longer be enough to get by on......»»

Category: topSource: moneycentralAug 6th, 2018

Waukesha seeks $110 million federal loan for water project

Waukesha is competing for the chance to borrow about $110 million from the federal government to pay for its new Lake Michigan water system, a funding option that could save its ratepayers about $40 million......»»

Category: topSource: bizjournalsAug 3rd, 2018

Outside the Box: How the president and Congress can save 8.1 million seniors from poverty

Older workers are in bad jobs with low and stagnant wages......»»

Category: topSource: marketwatchAug 3rd, 2018

Some FT reporters call on CEO Ridding to give back part of $3.4 million pay

A group of Financial Times reporters have complained about the pay of CEO John Ridding, who earned 2.6 million pounds ($3.4 million) in 2017, and called for him to give back some of the money, according to an email seen by Reuters......»»

Category: topSource: reutersAug 3rd, 2018

McDonald"s was forced to quietly give 15 random people $1 million each after an ex-cop rigged the chain"s Monopoly giveaway (MCD)

Hollis Johnson McDonald's was required to give away $25 million to random customers in the aftermath of its Monopoly giveaway scandal.  The fast-food chain was defrauded out of more than $24 million in .....»»

Category: topSource: businessinsiderJul 31st, 2018

Trump"s idea for a $100 billion tax cut that would give 97% of its benefit to the wealthy is legally dubious

Drew Angerer/Getty Images President Donald Trump's administration is considering adjusting Treasury Department regulations to index capital-gains taxes to inflation. Such a change would result.....»»

Category: topSource: businessinsiderJul 31st, 2018

Outside the Box: This is what it really takes to become a 401(k) millionaire

The numbers make it seem like it shouldn’t be that hard to save at least $1 million by retirement age. But everything looks easier on paper than in real life......»»

Category: topSource: marketwatchJul 29th, 2018

9 smart ways to save money at Costco — every time you shop

Costco has a staggering 93 million members around the world......»»

Category: topSource: moneycentralJul 27th, 2018

9 Smart Ways to Save Money at Costco — Every Time You Shop

Costco has a staggering 93 million members around the world. They all essentially make the calculation that the Costco membership price is worth the cost because it provides access to special deals and saves them money over the lon.....»»

Category: topSource: moneycentralJul 27th, 2018

SoftBank-backed Improbable doubled its valuation to $2 billion after raising $50 million from a Chinese gaming giant

Improbable SoftBank-backed Improbable has raised $50 million via a strategic investment from Chinese gaming giant NetEase. The deal will see Improbable expand to China and give NetEase access to its core SpatialOS game technology. The fun.....»»

Category: topSource: businessinsiderJul 26th, 2018

AMD sees Q3 revenue of $1.7 billion give or take $50 million

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchJul 25th, 2018