Alex Jones Has $49.3M Tax Write Off, But Plaintiffs Pay IRS Tax On Verdict

A Texas jury in Alex Jones’ defamation trial rendered a verdict, ordering Jones to pay $45.2 million in punitive damages plus $4.1 million in compensatory damages to Neil Heslin and Scarlett Lewis, parents of a 6-year-old boy killed in the Sandy Hook school shooting. Jones broadcast false claims that the shooting was staged by “crisis … Read more

If Elon Musk Settles With Twitter, Taxes Will Play A Part

Elon Musk’s Tweet displayed on a screen and Twitter logo displayed on a phone screen (Photo … [+] illustration by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Elon Musk talks and tweets a lot about taxes, from how much he should pay on selling Tesla stock to high California taxes and why he … Read more

If Musk Settles With Twitter, Taxes Play A Part

It has been a wild ride, and it’s not over yet. First there was the offer by Elon Musk to buy the social media giant, the outrage, the pushback and more. Eventually, there was the deal struck for the Tesla TSLA tycoon to pay $44 billion for the platform. Famously feisty Musk complained about bots … Read more