Tax Benefits - Truenewj

What you need to know before making financial donations

amefika4 months ago03 mins

If you’re thinking about gifting your loved ones, here are some tax and logistical considerations. Gift logistics Unless you’re writing a check from your bank account, the logistics of donating funds can get a little complicated. If you want to make a gift from your IRA, your only option is to sell a portion, then…

Vistra expands its gas fleet with the acquisition of Cogentrix for billion

Vistra expands its gas fleet with the acquisition of Cogentrix for $4 billion

amefika5 months ago04 mins

Vistra Corp. (VST) has reached a deal to significantly expand its U.S. generation footprint, agreeing to acquire the portfolio of Cogentrix Energy in a transaction valued at approximately $4 billion, including assumed debt and tax benefits. The acquisition brings approximately 5,500 megawatts of modern natural gas-fired capacity to Vistra’s fleet, strengthening its position in three…