Brian Acton – San Jose Inside

How Silicon Valley Moguls Save Millions in Taxes by Skirting a Century-Old Law

Barry Holtzclaw — Tue, 14 Feb 2023 00:34:20 +0000

Congress outlawed tax deductions on “wash sales” in 1921, but Goldman Sachs and others have helped billionaires like Silicon Valley's Mark Zuckerberg, Brian Acton and Dustin Moskovitz see huge tax savings by selling stocks for a loss and then replacing them with nearly identical investments.

The post How Silicon Valley Moguls Save Millions in Taxes by Skirting a Century-Old Law appeared first on San Jose Inside.

Anonymous Buyer Saves Mountain View’s Red Rock Café

Emanuel Lee — Tue, 24 Nov 2020 18:00:52 +0000

The beloved café that’s served as a community hub for 15 years was in danger of folding as it incurred huge revenue losses from the pandemic.

The post Anonymous Buyer Saves Mountain View’s Red Rock Café appeared first on San Jose Inside.

Patrons Hope to Save Mountain View’s Beloved Red Rock Café

Emanuel Lee — Fri, 24 Jul 2020 13:00:43 +0000

Red Rock has served the community—literally—for over two decades, working with other nonprofits on charitable endeavors.

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