As tax season approaches, many Americans are feeling the pressure of potential IRS audits. While recent enforcement efforts have mainly targeted high-income individuals, large corporations, and complex partnerships, everyday taxpayers are not exempt from scrutiny. In fact, certain issues are more likely to trigger an audit, causing anxiety among taxpayers nationwide. With the Internal Revenue
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German travel giant TUI has recently reported a quarterly profit of 6 million euros ($6.46 million), a significant surprise that defies the expectations of the industry. Analyst consensus forecasts predicted a loss of 102 million euros in underlying earnings before interest and taxation (EBIT), making TUI’s swing to profit exceptionally positive news. This impressive turnaround
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Jeff Bezos, the founder of Amazon and one of the world’s richest individuals, made headlines last week when he sold $2 billion worth of stocks. However, what may have gone unnoticed is the significant tax advantage he gained by moving from Seattle to Miami. In this article, we will explore the tax implications of Bezos’
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