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Carvana shares soared over 30% in after-hours trading after reporting first-quarter revenue of more than a billion, beating analyst estimates. The company forecast a sequential rise in adjusted core profit and retail unit sales growth, surprising analysts who expected a sales decline. Adjusted earnings before interest, tax, depreciation, and amortization were more than $200 million, exceeding estimates. Carvana's inventory of unsold used vehicles on dealer lots rose 9% from a year ago. High interest rates have pushed some consumers to the used car market for better deals than new vehicles.

Carvana Reports Stellar Q1 Results, as High Interest Rates Push Buyers to the Used Car Market. Shares Soar 30%.

⏲ 0:35 👁 4.9M

11Alive

What to know about tax season | Expert weighs in on 2021 taxes

⏲ 1 minute 59 seconds 👁 941

C-SPAN

2021 Tax Filing Season

⏲ 5 minutes 43 seconds 👁 593

We ask the people of London how they’d feel if alcohol prices went up in order to tackle consumption.

Would increasing alcohol prices reduce consumption?

⏲ 1:0 👁 33.3M

National Association of Tax Professionals (NATP)

Changes for the 2021 tax season tax pros should know about

⏲ 11 minutes 28 seconds 👁 1.9K

Logan Allec

How to Start Preparing For 2021 Tax Season NOW

⏲ 18 minutes 6 seconds 👁 1.4K

The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.

IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed

⏲ 1:29 👁 3.1M

TODAY

What You Need To Know About Your 2021 Taxes

⏲ 4 minutes 44 seconds 👁 12.1K

Sprintax

Sprintax Returns Walkthrough Video - 2021 Tax Season

⏲ 10 minutes 21 seconds 👁 5.1K

The Inland Revenue Board (LHDN) regularly monitors its data to identify companies and individuals who do not pay taxes.<br/><br/>LHDN chief executive officer Datuk Dr Abu Tariq Jamaluddin said the revenue-collecting agency has a legal right to take stern action, such as conducting searches on premises.<br/><br/>Read more at https://shorturl.at/bCG03<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline

LHDN monitors data regularly to identify non-taxpayers, says CEO

⏲ 2:29 👁 64.7M

Jason Walter

Demand for High Risk Mortgage Loans Just Increased

⏲ 12 minutes 26 seconds 👁 2.7K

The Power of Zero

First Glimpse at Tax Brackets in 2026 (And How Much More You’ll Have to Pay)

⏲ 7 minutes 30 seconds 👁 550

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