News about Nathan Anderson

According to certified public accountant Tom Wheelwright, major reforms introduced by the Internal Revenue Service (IRS) over the past few years may have confused some taxpayers. The Tax Cuts and Jobs Act, which was passed into place in 2017, made dramatic reforms to the tax landscape. President Biden made further revisions under the Inflation Reduction Act in 2022. These pieces of legislation have introduced new tax cuts and modified existing laws. Here's a look at some less well-known tax deductions that may be more beneficial to seniors.

Hindenburg Research reported a short position in Icahn Enterprises (IEP), on Tuesday, releasing a study arguing that the holding company was accused of misleading the value of its units and taking on too much debt. The paper pits two well-known activist investors, with Hindenburg led by Nathan Anderson (left), aiming at Icahn (right), a Wall Street veteran who made his fortune as a corporate raider. In afternoon trading on Tuesday, IEP (inset), which is owned by Icahn and had a market valuation of about $18 billion at the time, dropped by 20%.

Hindenburg Research reported on Thursday that it owed to its short position in Block and the company's findings from a two-year probe, alleging that the firm misled investors on key metrics, and encouraged predatory tactics and compliance worst-practices in order to fuel growth.' On the day, Block's shares fell nearly 15%, and Jack Dorsey's (main) net worth fell by 51% to $4.4 billion. Hindenburg, which was founded by Nathan Anderson (top right), benefits from taking significant stakes in the companies it promotes, so the company's stock will plummet as markets digest the claims regarding its research.