Tag: owe

Kanye West could owe ‘millions’ amid mounting lawsuits

Rapper Ye (born Kanye West) could soon have to pony up millions of dollars as her faces mounting lawsuits — including his ex-assistant’s for sexual harassment — and “real estate issues.” The 47-year-old “Heartless” rapper’s potential forthcoming financial strife is exacerbated by the fact that he “doesn’t have any endorsement deals coming in because people […]

What Does Paramount Owe Investors?

Although exclusive talks between Paramount Global and Skydance Media are expected to end without a deal, questions linger about controlling shareholder Shari Redstone’s duty to minority investors, some of whom have vocally opposed the merger on grounds that their interests have taken a backseat in negotiations. A Paramount investor, in a complaint filed on April […]

How Much Does He Owe From His Bitcoin Gains?

‘Bitcoin Jesus’ Roger Ver Charged With Tax Fraud: How Much Does He Owe From His Bitcoin Gains? Traders often forget about the capital gains taxes they owe on trading profits throughout the year. But even if they did forget, nearly all of them still pay the taxes on what they’ve earned. Most will pay them […]

Will I Owe Taxes on Reinvested Dividends?

A woman looking at potential tax costs of her dividend reinvestments Investing in dividend stocks can create a nice stream of passive income. Instead of receiving payouts as cash, you can also use dividends to increase your holdings by reinvesting them to purchase additional shares of stock. Among other benefits, reinvesting dividends can help you […]

Will I Owe Capital Gains Taxes on Irrevocable Trusts?

capital gains tax on sale of home in irrevocable trust Investors use irrevocable trusts to protect their assets from creditors, lawsuits and estate taxes. However, when you sell a home in an irrevocable trust, that can complicate your tax situation. This is a guide to how it works and whether you’ll have to pay capital […]