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Biden Gets Corporate Taxes Backward
A reduced rate wasn’t a ‘giveaway’ to large firms. It set off an economic boom and increased wages.The Wall Street Journal - World - Joe Biden -
Retirees urged to be cautious over pension tax changes
Industry fears return of the lifetime allowance if Labour wins the electionFinancial Times - World -
IRS free tax filing program to be available nationwide starting in 2025
The IRS will expand Direct File, its free tax filing program, nationwide starting in 2025, the agency and the U.S. Department of the Treasury announced.CNBC - Business -
The Fight Over Taxes Shows the Enormous Policy Stakes of the Trump-Biden Election
The 2024 election is a choice between two fundamentally different visions for our country.The New York Times - Top stories -
Trump tax cut extensions keep getting more expensive: Analysis
Estimations for the cost of extending the Trump tax cuts have gone up every year, and it’s not exactly clear why, according to an analysis by the Committee for a Responsible Federal Budget (CRFB), a Washington think tank. Extending the expiring ...The Hill - Politics - Donald Trump -
IRS Starts Expansion of Government Alternative to Private Tax Software
Direct File, the Internal Revenue Service’s free electronic tax-filing pilot program, will become permanent and expand to more taxpayers starting next year.The Wall Street Journal - World -
UK voters resigned to tax rises despite Tory and Labour assurances
Financial Times/Ipsos poll shows scepticism over both main parties’ promises on dealing with stretched state financesFinancial Times - Business - United Kingdom -
Tory and Labour tax avoidance crackdown is ‘tall order’, say experts
Analysts cast doubt over pledges to deliver up to £6bn in savings by tackling tax dodgingFinancial Times - Business -
You Bought Gold at Costco. What Are the Taxes When You Sell It?
Learning the tax rules on gold could help avoid costly mistakes.The Wall Street Journal - World -
Cost of Trump tax cuts soars 50% amid ‘abuse’ of business loopholes
Extending the 2017 tax law that was the signature achievement of Donald Trump’s administration will cost 50% more than originally forecast, because wealthy taxpayers have found loopholes that significantly reduce their tax burdens.MarketWatch - Business - Donald Trump -
Parties should avoid tax pledges they may come to regret
Reforming taxation could help deliver the holy grail of growth, but this campaign is hemming in both sidesFinancial Times - Business -
The IRS plans to offer free online tax prep in all 50 states. Here’s what it means for you.
The IRS plans to expand the types of tax returns it can handle with Direct File, the government’s free online tax-prep platform.MarketWatch - Business -
Here's why the minimum wage and some tax breaks don't budge despite inflation
The minimum wage and financial thresholds tied to things like Social Security taxes don't change along with the cost of living.CNBC - Business -
IRS Makes Free Tax Return Program Permanent and Asks All States to Join in 2025
The agency launched a pilot project in 12 states, and wants to build on its initial release, expanding it to federal and state filings in the rest of the country.Inc. - Business -
Direct File, the IRS's electronic tax-filing system that is free for users, will become a permanent program and expand to more taxpayers beginning next year.
Direct File, the IRS’s electronic tax-filing system that is free for users, will become a permanent program and expand to more taxpayers beginning next year.The Wall Street Journal - World