Congress accidentally left a hole in the 2017 tax law that is now allowing big companies to save tens or hundreds of millions of dollars that would otherwise have gone to taxes.
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CNBC - Business
Republican House speaker floats deregulation and tax cuts — not tariffs — to pay for Trump proposals
Republican Speaker Mike Johnson is hours away from a House vote on his six-month funding bill, less than two weeks away from a partial government shutdown.50 minutes ago - Donald Trump -
CBS News - Top stories
Save big on Dewalt tools at Amazon ahead of October Prime Day
Starting a fall project? Grab these must-have Dewalt tools on sale ahead of Amazon's October Prime Day event.2 hours ago -
The Hill - Politics
Telehealth is a lifeline for opioid use disorder. Congress must save it.
In a country where just 1 in 4 people in need of treatment services receive any, expanding access to buprenorphine via telehealth is the best way to connect more people to lifesaving care.2 hours ago -
Inc. - Business
This Company Is Giving Office Water Coolers a High-Tech Makeover. Hybrid Workers Are Big Fans
Bevi's sustainable water dispensers have seen less use post-pandemic--yet the company is hitting new revenue highs, thanks to hybrid employees' enthusiasm.3 hours ago -
MarketWatch - Business
Want to stay in a 5-star European hotel for $140 a night? Follow this travel rule.
Avoid the major cities and visit under-the-radar destinations to save big bucks. Who needs Paris when you can have Poland?4 hours ago -
MarketWatch - Business
We have $1 million in high-yield savings and CDs set aside to buy a house. Should we move our money if the Fed cuts rates?
We have a lot of cash on hand for a specific purpose, but we won’t be able to live off the income if interest rates drop.5 hours ago -
MarketWatch - Business
My father makes after-tax contributions to his 401(k). Should he take these as his RMD or leave them for his beneficiaries?
“My father is a widower, so any beneficiary would be a non-spouse.”6 hours ago -
CBS News - Top stories
Kamala Harris talks child care tax plan in NABJ interview
Vice President Kamala Harris addressed her childcare tax plan in Philadelphia Tuesday during an interview with the National Association of Black Journalists. CBS News campaign reporter Shawna ...7 hours ago - Kamala Harris -
The Hill - Politics
Biden administration proposes wide eligibility for EV charger tax credit
The Biden administration has proposed a rule maximizing the number of electric vehicle (EV) chargers that can qualify for tax credits. Prior to the proposed rule, it was unclear whether the tax ...7 hours ago - Joe Biden -
The Hill - Politics
Kamala Harris will raise your taxes, no matter what she's saying now
Kamala Harris has promised not to raise taxes for those making less than $400,000, but her proposed tax credits and deductions are not actual tax cuts, and she has promised to let the 2017 Trump ...8 hours ago - Kamala Harris -
BBC News - Top stories
We might only have 15 healthy summers left, say brothers at risk of dementia
They hope their 903-mile challenge will play a part in “finding a cure for dementia”.8 hours ago -
The Hill - Politics
Biden's climate law got zero GOP votes. Some Republicans think its energy tax credits are worth saving
As President Biden’s signature climate law spurs energy investments in Republican-led districts, many Republican members are getting on board with keeping at least some of its tax credits — ...10 hours ago - Republican Party -
The Hill - Politics
Democrats target tax avoidance before cuts expire in 2025
Democrats are going after tax avoidance from big companies and wealthy individuals as the debate on taxes heats up ahead of tax code expirations scheduled for next year. A new set of proposed rules ...10 hours ago -
Financial Times - World
Lib Dem call to tax rich more may be a poor pitch to its base
Ed Davey urges Labour to increase spending to ‘winterproof’ the NHS in a strategic move11 hours ago -
The New York Times - Sports
Arch Manning Could Have Left Texas. But It Made More Sense to Stay.
Despite being the backup quarterback, Manning’s commitment to the Longhorns never wavered.15 hours ago -
Financial Times - World
Tax threat and negativity undermine investment efforts, business leaders warn
Industry executives air concerns over prime minister and chancellor’s gloomy comments about public finances16 hours ago -
The New York Times - Top stories
Trump Suggests Restoring the State and Local Tax Break He Once Limited
Former President Donald J. Trump’s 2017 tax law capped the state and local tax deduction at $10,000. He said on Tuesday that he would lift that limit.21 hours ago - Donald Trump -
GameSpot - Tech
Prime Big Deal Days Returns In October, And Early Deals Are Available Now
Amazon announced its next big 48-hour sale, Prime Big Deal Days , will take place October 8 and 9. The event is essentially Prime Day round two, giving Prime members a chance to grabs tons of ...22 hours ago -
NBC News - Top stories
Trump calls for undoing part of his own tax law, vowing to 'get SALT back'
Donald Trump called for rolling back part of his signature tax law Tuesday, suggesting he would seek to reinstate the state and local tax deduction or SALT.22 hours ago - Donald Trump -
CNBC - Business
Trump, who signed SALT deduction cap into law, now vows to 'get SALT back'
Donald Trump made the promise about state and local taxes in a Truth Social post attempting to court New York voters to back him in the presidential election.22 hours ago -
CNBC - Business
GOP House Speaker Johnson backs keeping some of Biden's clean energy tax credits
In an exclusive interview with CNBC, Johnson says he will use "a scalpel and not a sledgehammer" in deciding which IRA tax credits to try to roll back.23 hours ago - Joe Biden -
Financial Times - Business
Trump vows to restore homeowner tax break he scrapped
Former US president courts wealthy suburban voters with pledge to ‘get Salt back’23 hours ago - Donald Trump -
The Hill - Politics
Rep. Horsford introduces bill to eliminate taxes on tips
Rep. Steven Horsford (D-Nev.) has introduced the Tipped Income Protection and Support (TIPS) Act to eliminate federal taxes on tips and subminimum wages for tipped workers.Yesterday -
CNBC - Business
Harris-Trump election has Big Tech 'at a crossroads' after slump in dealmaking
With regulators making it hard for large tech companies to do significant deals, M&A transaction volume in the industry continues to drop.Yesterday - Donald Trump -
CBS News - Top stories
Dip into big savings with the best hot tub deals for fall 2024
From budget-friendly options to luxury spas, we've found the best hot tubs at unbeatable prices for 2024.Yesterday -
CNBC - Business
Your inherited individual retirement account could trigger a 'tax bomb,' advisor says. How to avoid it
If you've inherited a pretax individual retirement account since 2020, you could face a sizable tax bill without proper planning. Here's what to know.Yesterday -
Financial Times - Business
Lib Dems to press Rachel Reeves to raise taxes on banks and wealthy
Ed Davey wraps up party conference saying rich should pay more to fund transformation of NHS and social careYesterday -
CBS Sports - Sports
College Football Playoff bracket: What Week 4's rankings could look like as SEC, Big Ten fill up the field
The expanded College Football Playoff is heavy on SEC and Big Ten teams while a Group of Five threat controls its own destinyYesterday - College Football -
Inc. - Business
Report: More Than 4 Million Older Workers Have Left the Workforce Since 2020
The silver tsunami is already making waves. And businesses in the trade and service industries will soon find it even harder to find workers, according to a new report.Yesterday -
The Guardian - World
Biden’s green policies will save 200,000 lives and have boosted clean energy jobs, data shows
Two separate reports find policies will save Americans from pollution in coming decades and added nearly 150,000 jobs. The environmental policies of Joe Biden’s administration will save ...Yesterday - Joe Biden -
Financial Times - Business
London’s ailing junior stock market cannot withstand a tax raid
Abolition of Aim would make it harder to stimulate investor interest in smaller companiesYesterday -
The Wall Street Journal - World
One Million Are Now Dead or Injured in the Russia-Ukraine War
The high losses on both sides are posing problems on the battlefield and accelerating demographic fears.Yesterday - Ukraine -
The Guardian - World
The cement company that paid millions to Isis: was Lafarge complicit in crimes against humanity?
The French cement giant started operating in Syria just before the civil war erupted. When Islamic State took over the region, Lafarge paid them protection money so it could keep trading. The ...Yesterday -
Financial Times - World
Do I owe UK tax on my crypto assets?
I’ve had a letter from HMRC; does this mean I've made a mistake on my last tax return?Yesterday - United Kingdom -
Wired - Tech
The Trumps Have Gone Full Crypto With World Liberty Financial
After coming out in favor of crypto, the Trump family is launching a venture of its own. You’ll just have to wait for the details.Yesterday - Donald Trump -
CNBC - Business
E.l.f. Beauty CEO says low prices have helped company thrive as cosmetics industry slows
E.l.f. Beauty CEO Tarang Amin told CNBC's Jim Cramer on Monday the budget-conscious nature of the products has helped the company perform well.Yesterday