Paul Kiel – San Jose Inside https://www.sanjoseinside.com A look inside San Jose politics and culture Tue, 26 Sep 2023 17:43:39 +0000 en-US hourly 1 https://wordpress.org/?v=5.6.12 TurboTax Parent Company Argues Free Tax Filing Program Will Harm Black Taxpayers https://www.sanjoseinside.com/business/turbotax-parent-company-argues-free-tax-filing-program-will-harm-black-taxpayers/ https://www.sanjoseinside.com/business/turbotax-parent-company-argues-free-tax-filing-program-will-harm-black-taxpayers/#comments Tue, 26 Sep 2023 17:43:39 +0000 https://www.sanjoseinside.com/?p=201206663 Articles published around the country repeat assertions by Mouintain View-based Intuit that an IRS pilot program offering free tax filing would hurt Black Americans. A researcher whose work is cited by Intuit says the company is misstating her findings.

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How Silicon Valley Moguls Save Millions in Taxes by Skirting a Century-Old Law https://www.sanjoseinside.com/news/investigative-reports/how-silicon-valley-moguls-save-millions-in-taxes-by-skirting-a-century-old-law/ https://www.sanjoseinside.com/news/investigative-reports/how-silicon-valley-moguls-save-millions-in-taxes-by-skirting-a-century-old-law/#comments Tue, 14 Feb 2023 00:34:20 +0000 https://www.sanjoseinside.com/?p=201202565 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.

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