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Mega Millions Jackpot
Business

Mega Millions Jackpot Hits $1.15B; Winner Faces Major Taxes

The Mega Millions jackpot has soared to an estimated $1.15 billion, following the Christmas Eve drawing, which saw no winners for the previously...

Internal Revenue Service Headquarters Building
Policy

IRS Targets Tax Loophole for High Earners

The Internal Revenue Service (IRS) has announced its intention to tighten regulations on a popular tax loophole used by high earners. This loophole...