Why Would Anyone Pay $40 Million for a Ferrari? The Tax Logic of Charity Auctions
Tax rules for charity auction purchases, explained by Fusion CPA using the $40M Ferrari sale and 2026’s new deduction floor, cap, and state rules.
Until this sneaky page is tracked down, here are some ways to find your way around…
Tax rules for charity auction purchases, explained by Fusion CPA using the $40M Ferrari sale and 2026’s new deduction floor, cap, and state rules.
Find out when your garage or yard sale may be considered capital gains and when you would need to declare your earnings from it.
Learn more about the various tax issues that independent contractors face.
Planning a high-income year? PTET elections, retirement plans, charitable bunching, and QSBS can all lower what you owe. Here’s how they work.
Tax apportionment splits business income across states. Fusion CPA explains market-based sourcing, cost of performance, and Georgia’s nexus rules.
If you’ve recently expanded your business into Florida, these tax filing requirements for entities and individuals will help you accurately report earnings to the IRS and local governments.
