Mixed-Use Vehicles And Your Taxes

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  US Department of State plans to spend $400m on Tesla armoured vehicles

  Plan raises possibility of more conflicts of interest for Elon Musk as he leads efforts to slash government spending. The US Department of State is planning to spend $400m buying new Tesla armoured ...
  
  The Guardian - Feb. 13

• How long does the IRS give you to pay your taxes?

  If you think you'll owe money to the IRS for last year's taxes, here's how long you have to pay what's owed.
  
  CBS News - Feb. 10

• Home office deduction: Here's who qualifies and how to claim it on your taxes

  The home office deduction could provide a tax break on your 2024 return. Here's who qualifies and how to claim it.
  
  CNBC - Feb. 11

• What is the IRS three-year rule and how does it affect your taxes?

  It may not be the most well-known IRS rule, but it can still have a significant impact on your tax situation.
  
  CBS News - 6d

• How much should you pay to do your taxes? Maybe nothing — if you qualify for free tax prep.

  Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free. The IRS also has two different free filing options equipped for these ...
  
  MarketWatch - Feb. 8

• Thinking of making a statement by not paying your income taxes? This is what that could cost you.

  The penalties and fees add up for tax protesters, with little impact to show for it.
  
  MarketWatch - Feb. 13

• Here's the 'quick and dirty' way to withhold enough taxes from your paycheck, advisor says

  If your tax bill or refund is bigger than expected, it may be time to adjust your paycheck withholding. Here's an easy way to do it.
  
  CNBC - 5d

• This lesser-known tax strategy could help to reduce capital gains on your home sale

  Selling your home can trigger capital gains taxes, but there are ways to reduce or eliminate your bill, experts say. Here's what to know.
  
  CNBC - 1d

• Converting your home to a rental could trigger a 'tax bomb' when you sell, advisor says

  Converting your home to a rental could increase your taxes when you eventually sell the property. Here's what to know.
  
  CNBC - 22h

More from Inc.

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  Walmart’s Gloomy Sales Forecast Shows Customers Are Still Feeling the Inflation Squeeze

  The company’s earnings forecast for the fiscal year fell below analysts’ expectations.
  
  Inc. - 1h
• 

  Why Bring Trustworthy Is a Leadership Hack That Drives Success

  Leaders who cultivate trust can significantly reduce employee churn and improve organizational performance.
  
  Inc. - 1h
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  Anti-U.S. Hiring Bias Now Targeted by the Equal Employment Opportunity Commission

  As efforts to prosecute gender discrimination cases grind to a halt, the agency’s acting chair plans to enforce those discrimination laws against employers that ‘illegally’ favor non-American staff.
  
  Inc. - 2h
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  Jobless Claims Rise a Little, But Do Not Yet Reflect DOGE Layoffs

  Unemployment claims for the week of Feb. 15 were slightly more than expected, but don’t yet reflect the aggressive efforts of Elon Musk’s group.
  
  Inc. - 2h
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  Is Standing at Work All Day an Occupational Hazard?

  A recent report from the National Institute for Occupational Safety and Health details numerous negative effects from being on your feet for long periods, including low back pain, fatigue, muscle ...
  
  Inc. - 2h

More in Business

• Gold may soar past $3,000 — but at these prices you’re overpaying

  Why you can expect below-average returns from gold in coming years.
  
  MarketWatch - 18m
• 

  Trump Tests Fed’s Independence With Order Expanding Authority Over Agencies

  A directive calling for oversight over the central bank’s regulatory and supervisory responsibilities has set off alarm.
  
  The New York Times - 20m
• 

  Airbus Says U.S. Tariffs Would Be ‘Lose-Lose’ for Airline Industry

  The European airline maker, which is Boeing’s chief rival, said it would adapt to any new tariffs, including passing on costs to its customers.
  
  The New York Times - 26m

• Stagflation-like trend can’t be ruled out, Fed’s Musalem says

  The U.S. economy is facing the potential risk of a period in which the labor market softens as inflation heats up, St. Louis Federal Reserve Bank President Alberto Musalem said on Thursday.
  
  MarketWatch - 28m

• Amazon surpasses Walmart in revenue for first time

  Walmart reported $180.5 billion in sales during the most recent quarter while Amazon reeled in $187.8 billion.
  
  CNBC - 38m