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5 Ways to Lower Your New York State Tax Bill

The Motley Fool

Image source: Getty Images Ah, New York, the Empire State: home to the Big Apple, cascading waterfalls, and, not so proudly, some of the highest taxes in the nation. Whether you're a city slicker dodging taxis or a country dweller enjoying the serene landscapes, one thing unites all New Yorkers: the quest to lower that pesky tax bill.

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Here Are 8 Ways the Richest Americans Avoid Paying Taxes

The Motley Fool

Image source: Getty Images Have you ever heard that multi-billionaire Warren Buffett pays a lower federal income tax rate than his secretary? Many ultra-wealthy American households pay surprisingly low effective federal income tax rates, and in some cases, no taxes at all. No tax breaks are designed to only benefit billionaires.

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These Were the 5 Biggest Tax Scams That Snagged Small Business Owners

The Motley Fool

Image source: The Motley Fool/Upsplash It's never too early for small business owners to start thinking about taxes. Small business tax season goes all year round -- with quarterly estimated tax payments, payroll taxes, and other tax obligations specific to your state or industry.

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Billionaires Are Buying Up This Millionaire-Maker Stock

The Motley Fool

But at its current price of about $71 and enterprise value of $153 billion, Uber's stock still looks reasonably valued at 31 times forward earnings and 17 times next year's adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ). That might be why some billionaires have been loading up on Uber's stock.

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28.4% of Warren Buffett's $303 Billion Portfolio Is Invested in 3 Stocks He Plans to Hold Forever

The Motley Fool

Combined, they account for about 28.4% That bodes well for 2025, especially because discount revenue accounts for the vast majority of Amex's total sales. times analysts' estimates for 2025 EBITDA (earnings before interest, taxes, depreciation, and amortization). Image source: The Motley Fool. Card fees added $8.5

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Why Upstart Holdings Stock Was Skyrocketing This Week

The Motley Fool

Upstart also nearly reported a generally accepted accounting principles ( GAAP ) profit for the first time in years. It also expects an adjusted earnings before interest, taxes, depreciation, amortization ( EBITDA ) margin of 18%, and GAAP net income of at least breakeven.

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7 Ways Everyday People Become Millionaires

The Motley Fool

When they purchase a car, they keep it for the long haul It's no secret that vehicles depreciate in value the moment you drive them off the lot. They build an emergency fund Another thing that most wealthy people have in common (even before they become wealthy) is the value they put on having an emergency savings account.

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