Major brands like Hertz and J.C. Penney issued six- and seven-figure payouts before asking bankruptcy courts to shield them from creditors during restructuring — often before erasing thousands of jobs — court and regulatory documents show.
The IRS is making a push to get people who haven't received a stimulus payment to use its online non-filers tool by Nov. 21. Low-income Americans who are non-filers were previously told they had until Oct. 15 to claim a payment.
Syndicated conservation easements -- tax breaks granted to protect undeveloped land -- have become increasingly common over the last decade -- but they are attracted increasing scrutiny from lawmakers and the IRS as a means for the wealthy to avoid paying their appropriate share of taxes.
Homeownership, which is so central to the American Dream, has been and far too often still is an unequal experience for Black families, in large part because of discriminatory policies endorsed by the federal government.