Latest in 50,000 Tax Break
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Tax breaks are becoming more generous for natural-disaster victims — just in time for Los Angeles wildfire victims, experts say
A longtime effort to make tax breaks more generous for victims of natural disasters is finally coming to fruition just as wildfire victims are staring at billions of dollars of devastation around ...MarketWatch - 21h -
Timberwolves' Anthony Edwards picks up fifth fine of season as NBA docks him $50,000 for 'obscene gesture'
Edwards is up to $285,000 in fines this seasonCBS Sports - 1d -
How Trump could break Bitcoin
Donald Trump's promise to turn the U.S. into a global hub for cryptocurrency innovation and his proposal to create a Bitcoin strategic reserve could lead to increased government oversight, ...The Hill - 2d -
The Old World Is Breaking Down. A New One Is Breaking Through.
Four trends are converging to make life much scarier.The New York Times - 3d -
Trump’s return raises prospect of global tax war
Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffsFinancial Times - 3d -
Here’s when you can file your 2024 taxes — and what’s new this year with refunds, tax laws and free tax prep
Income-tax refunds averaged more than $3,100 last year. How much will they be this year?MarketWatch - 4d -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - 4d -
The Weather Won’t Give Southern California’s Firefighters a Break
The dry, windy conditions that help the fires spread are poised to persist.The New York Times - 4d -
IRS announces the start of the 2025 tax season
The 2025 tax season will begin on Jan. 27 for individual taxpayers. Here are some options to file your 2024 taxes for free.CNBC - 4d -
Breaking down the unconditional discharge sentence for Trump
President-elect Donald Trump has been sentenced to unconditional discharge for his New York "hush money" trial conviction. CBS News' Jessica Levinson, Weijia Jiang and Katrina Kaufman have analysis ...CBS News - 4d -
Reeves faces 'difficult decisions' on tax and spending
The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.BBC News - 4d -
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.The New York Times - 5d -
VW's Scout has more than 50,000 EV reservations as automaker aims to grow U.S. share
LAS VEGAS — Scout Motors has received more than 50,000 refundable reservation deposits for its first electric pickups and SUVs, according to Volkswagen CEO Oliver Blume.NBC News - 5d -
Does the IRS ever forgive back taxes?
The IRS may be known for taking a hard stance on tax debt repayment, but that isn't always the case.CBS News - 5d -
Warren questions Trump IRS nominee's experience, promotion of tax credit
Sen. Elizabeth Warren (D-Mass.) voiced concerns about President-elect Trump’s nominee to lead the Internal Revenue Service (IRS) on Wednesday, pressing him for answers about his previous experience ...The Hill - 5d -
Canadiens Players Hit Hardest By Taxes
The Hockey News had a tax expert produce tax returns for player earning $3 million USD in all 32 markets and the data shows the Canadiens' player really are hit the hardest by taxes.Yahoo Sports - 5d -
Tax lessons for governments from Henry George
The 19th-century political economist understood that the whole of society should benefit from outsized profitsFinancial Times - 5d -
H&R Block Coupons and Deals: 15% Off Tax Prep in 2025
When you do your own taxes with the help of H&R Block software (or a human, if you need it), you can get 15% off.Wired - 6d -
The Papers: 'Apocalypse' LA and 'Reeves faces extra tax rises'
Wednesday's headlines include wildfires in LA and economists warning of rising government borrowing costs.BBC News - 6d -
Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.
President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.The New York Times - 6d -
UK recruiters report fresh slowdown in hiring as planned tax rises bite
Survey results will heighten investor concerns over stagflation threat in economyFinancial Times - 6d -
VW's Scout has more than 50,000 reservations for upcoming EVs as automaker aims to grow U.S. share
Volkswagen, which revived the old American brand, said Scout is part of its plan to grow its market share in the U.S.CNBC - 6d -
Tax refund delays still plague millions of Americans, report says
Millions of taxpayers continue to struggle with delays in refunds from the IRS, a new tax advocate report says.CBS News - 6d -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - 6d -
As student loan bills become a normal part of life again, tax break will be available to many
There's one upside to your student loan payments: They might qualify you for a tax break.CNBC - Jan. 7 -
Biden expands wind and solar tax credit to nuclear, hydropower, geothermal energy
The Biden administration on Tuesday finalized a guidance that expands a tax credit that has historically applied only to wind and solar power to a range of other energy technologies. Under a new ...The Hill - Jan. 7 -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - Jan. 7 -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
Trump backs massive single bill for taxes, border and energy
Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.Politico - Jan. 5 -
Polish wealth managers warn against tax changes for family foundations
Structure was set up in 2023 to encourage money to stay in the countryFinancial Times - Jan. 5 -
Steep costs of Irish reunification deter Dublin despite tax windfall
Ending division between north and south could lead to €20bn bill every year for two decadesFinancial Times - Jan. 5 -
LeBron: 'Humbling' to break MJ's 30-point record
With an 18-foot jumper with 5:58 to play, LeBron James reached at least 30 points in the regular season for the 563rd time in his career, breaking the record established by Michael Jordan in 2003.ESPN - Jan. 4 -
DraftKings tests a subscription service as it looks to offset high New York taxes
DraftKings is testing the subscription service in New York, which is tied for the highest tax rate on sports wagering in the country.CNBC - Jan. 3 -
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.The Wall Street Journal - Jan. 3 -
Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - Jan. 3 -
UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - Jan. 3 -
Is This the Year Laos Breaks Through?
The Southeast Asian country has lagged behind Vietnam and Thailand when it comes to tourism. The government hopes new hotels, roads and a train system will put Laos on visitors’ lists.The New York Times - Jan. 2 -
Prescott taking security seriously amid break-ins
Even before a number of high-profile athletes were targeted by robberies over the past few months, Cowboys quarterback Dak Prescott has taken security seriously.ESPN - Jan. 1 -
Here are 9 states cutting their individual income taxes on Jan. 1
Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.CBS News - Jan. 1
