Portability Election Denied Due to Failure to Follow Treasury Regs

Published on August 20, 2025

Tax Court decision illustrates the scope of the special reporting rule.

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Wager for Half-Point Rate Reduction Faces Test of Powell Remarks

August 20, 2025
Traders are piling into one specific options wager that relies on a dovish Federal Reserve slashing interest rates by over a quarter-point next month.

Vehicle Sales Rise 7.1% in July

August 20, 2025
Vehicle sales saw their first monthly increase in four months, with a seasonally adjusted annual rate of 16.411 million units in July. That represents a 7.1% increase from the previous month, according to the Bureau of Economic Analysis (BEA).