6 stories from the week to October 5, 2025, in the order they matter to someone who pays the top rate.
October 1, 2025 at 11:05 PM PDT
Current and former staff sold stock at a $500 billion valuation with per-person payouts as high as $30 million, and how much they keep depends on what kind of equity they held.
New Treasury guidance halves the improvement threshold for rural Opportunity Zone projects and sets up a permanent program with a bigger tax break for capital gains invested outside cities.
The agency pulled back 2024 proposals that would have tightened Section 355, leaving current, more flexible law in place for owners planning to divide a closely held company.
A new Bank of America study finds affluent households increased total charitable giving by 30% since 2015 even as the share who donate anything fell from 91% to 81%.
Treasury's contingency plan says Inflation Reduction Act funding will keep all 74,300 IRS employees working through the first week of a shutdown, with no word on what happens after that.
A notice letting Dimensional Fund Advisors add an ETF share class to its mutual funds opens a structure that can cut capital-gain distributions for taxable investors industrywide.
General information, not tax, legal or investment advice.