From tax lottery to tax credit: A better way to help disaster victims

A 'National Tragedy' in India: Popcorn Is Taxed Three Ways

Critics say the multiplicity of tax rates on the humble snack is emblematic of why India remains a difficult place to do business.

The Wall Street Journal - 2d

From tax lottery to tax credit: A better way to help disaster victims

As natural disasters leave many Americans facing economic hardship, the tax code's casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty tax ...

The Hill - 9h

A guide to a better credit score in 2025

CBS News' Jill Schlesinger explains how to improve your FICO score as national average hits 717

CBS News - 13h

Reeves to soften UK non-dom tax reforms

Chancellor tells Davos crowd that government had been ‘listening to concerns’

Financial Times - 16h

How is gold taxed?

Gold investments fall into several tax categories, experts say. Here's what to know this tax season.

CBS News - 16h

Trump’s assault on the global corporate tax regime

President threatens retaliation against ‘discriminatory’ levies on US multinationals

Financial Times - 1d

Cash or credit? How to best help elder caregivers.

The answer from caregivers is clear.

MarketWatch - 1d

Child tax credit: Could the amount change during Trump's presidency?

President Trump has returned to the White House, and with tax season just days away some Americans may be wondering how the 47th president's administration might affect their Child Tax Credit.

The Hill - 2d

Council urged to scrap 'rat tax'

A councillor has put forward an amendment to a recent review of pest control charges.

BBC News - 2d

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 - 5d

Senate GOP spikes House tax plans

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP rejects House conservative tax pitch Senate Republicans are tossing ...

The Hill - 6d

From L.A. wildfires to hurricanes, immigrants help rebuild after disasters. Some may face deportation

As the number of extreme weather events exacerbated by climate change increases, there is a growing workforce of laborers, many of them without legal status.

NBC News - 6d

What Did Trump’s Tax Cuts Do?

Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.

The New York Times - 6d

Everyone’s Favorite Small-Business Tax Deduction Gets a Boost for 2025 and More May Be on the Way

Section 179 gets a $30,000 increase, and keep your eye on bonus depreciation, too.

Inc. - 6d

Culture secretary rules out funding BBC from taxes

The culture secretary calls the TV licence "regressive" and is thinking "radically" about alternatives.

BBC News - 6d

Is a HELOC better than a credit card in 2025?

A HELOC could be better than a credit card this year, thanks to these three big reasons.

CBS News - Jan. 16

Cruz reintroduces bill exempting tips from federal taxes

Sen. Ted Cruz (R-Texas) reintroduced legislation to exempt federal taxes on tips in an effort to support service industry workers. “American workers in many industries rely on tipped wages to make ...

The Hill - Jan. 16

Here's how the child tax credit could change in 2025

The increased child tax credit could expire after 2025 without action from Congress. Here's what families need to know.

CNBC - Jan. 16

What to Know About the E.V. Tax Credit That Trump Might Repeal

Rules for a $7,500 tax break for electric vehicle purchases and leases recently changed, but more far-reaching changes are expected when President-elect Donald J. Trump takes office.

The New York Times - Jan. 16

Tax Deadline for 2024 Disaster-Hit Small Businesses Nears

The IRS cautions many small businesses that the filing extension periods given after natural disasters last year will end in early February, though other will have until May.

Inc. - Jan. 15

How to Pay Your Taxes Online

Paying US federal and state taxes online can be confusing, and one wrong move can result in penalties or extra money owed. We break it down so you can have the most worry-free tax filing possible.

Wired - Jan. 14

Trump’s return raises prospect of global tax war

Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffs

Financial Times - Jan. 12

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 - Jan. 11

Democrats prepare for Affordable Care Act tax credit fight

Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Democrats prep case for extended ACA subsidies The extended Affordable Care Act subsidies credited with ...

The Hill - Jan. 10

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 - Jan. 10

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 - Jan. 10

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 - Jan. 10

How to help Southern California wildfire victims

Nearly 180,000 people have been forced from their homes by the devastating wildfires burning in Southern California. They include Dale Fielder, who is sheltering at the Pasadena Convention Center ...

CBS News - Jan. 9

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 - Jan. 9

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 - Jan. 9

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 - Jan. 9

Tax lessons for governments from Henry George

The 19th-century political economist understood that the whole of society should benefit from outsized profits

Financial Times - Jan. 9

How to help victims of Southern California wildfires

Nonprofit groups are working to distribute essential supplies to those impacted.

CBS News - Jan. 8

How to help victims of LA wildfires

The Red Cross Cross and Salvation Army are already mobilizing to help victims.

The Hill - Jan. 8

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