Trump wants to close the carried interest tax loophole, a longtime target of Democrats
The Trump administration's list of tax priorities includes eliminating a loophole that benefits private equity firms, hedge ...
General Motors is set to report earnings before the bell. Here's what Wall Street expects
While investors will be watching GM’s quarterly results, they will also be focused on its guidance for 2025 and any changes ...
Did you know the IRS taxes your bank account? Don’t get caught off guard
IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...
How does the mortgage interest tax deduction work? Experts explain
"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from ...
O-I Glass Reports Full Year and Fourth Quarter 2024 Results
O-I Glass, Inc. (“O-I”) (NYSE: OI) today reported financial results for the full year and fourth quarter ended December 31, 2024.
Volume trends in cigarettes, FMCG key for ITC as Q3 disappoints
ITC delivered disappointing results with earnings before interest and tax or Ebit margin down in cigarettes and FMCG segments ...
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Can you still file taxes from previous years in 2025? How to avoid interest and penalties
Unlike penalties, interest continues accumulating indefinitely until the tax debt is fully paid. If you owe taxes and cannot pay in full, the IRS offers payment plans and installment agreements to ...
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Whirlpool Stock Plunges After Appliance Maker Predicts Weaker Earnings
Whirlpool said it expects a steep earnings drop this year due to ... Whirlpool projected its profit margin before interest and taxes will grow year over year.