Latest in Tax revenue collected by the IRS set to plummet, report says
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Tax revenue collected by the IRS set to plummet, report says
IRS officials are expecting tax revenue to drop by more than 10% by April 15, the Washington Post reported.CNBC - 4d -
IRS to pause modernization efforts under Trump
The Internal Revenue Service (IRS) is pausing the operational overhaul it started during the Biden administration and is set to make changes to its workforce, senior Treasury Department officials ...The Hill - Mar. 14 -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
Democrats says "wealthy tax dodgers" could see less IRS scrutiny amid agency layoffs. Here's what to know.CNBC - Mar. 11 -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
As the IRS faces mass layoffs, Congressional Democrats warn those staffing cuts could undermine the agency’s progress in collecting unpaid funds from “wealthy tax dodgers.”NBC News - Mar. 11 -
How the IRS can crack down on ghost tax return preparers
Indeed, thousands of tax return preparers systematically subvert the tax return filing process, rob the Treasury of revenue and undermine taxpayers’ faith in the system.The Hill - Mar. 8 -
IRS-ICE near agreement to share tax data for deportations: Report
This would mark a significant shift in longstanding IRS policy, which has traditionally kept taxpayer information strictly confidential.The Hill - 4d -
IRS nears deal with Ice to share data of undocumented immigrants – report
Immigration officials could give names and addresses to IRS amid concerns over Trump administration’s abuse of power. The US Internal Revenue Service (IRS) is reportedly nearing a deal to allow ...The Guardian - 5d -
IRS close to finalizing data-sharing agreement with ICE, sources say
The IRS is nearing an agreement with ICE that would allow immigration officials to use tax data for deportations, two sources familiar with the matter told ABC News.ABC News - 6d -
This retirement account is an ‘IOU to the IRS’ — but here’s when it makes sense, expert says
Your pre-tax IRA is subject to future income taxes, depending on your bracket. But it could offer planning opportunities, experts say.CNBC - Mar. 14 -
China’s Tax Revenue Declines as Its Leaders Brace for Trump’s Tariffs
Tax revenues have fallen, leaving the government with less money to help consumers or exporters as Beijing braces for President Trump’s tariffs.The New York Times - 6d -
IRS taxpayer help office in crosshairs
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Staff at IRS taxpayer help office on chopping block The Internal Revenue Service ...The Hill - Mar. 18 -
Barcelona finalise new Spotify Camp Nou deal to unlock fresh revenue stream
Barcelona have been working on a new partnership that is set to bring in additional revenue, with club president Joan Laporta personally overseeing the agreement. According to a report from SPORT, ...Yahoo Sports - Mar. 14 -
Small Businesses Report Revenue Declines and Dimming Optimism in Fed Report
More small businesses reported decreased revenue rather than gains for the first time since 2021.Inc. - 9h -
Trump news at a glance: reports of IRS data deal spark fears for undocumented migrant workers
Possible shift in taxpayer data use aligns with more aggressive Trump immigration policies – key US politics stories from Sunday at a glance. The US Internal Revenue Service is reportedly nearing ...The Guardian - 5d -
OpenAI expects revenue will triple to $12.7 billion this year, source says
OpenAI foresees revenue tripling this year to $12.7 billion, CNBC has confirmed.CNBC - 2d -
HMRC probes into unpaid capital gains tax trebled in 2023-24
UK tax agency is under growing pressure from government to increase revenue by improving complianceFinancial Times - Mar. 16 -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - Mar. 11 -
Women’s Elite Sports Revenues Will Generate More Than $2.35 Billion in 2025
The latest revenue projections reflect global growth of 240 percent over four years, according to a new report.Inc. - Mar. 18 -
Elite women's sports revenue 'set to top £1.8bn in 2025'
Global revenue generated by elite women's sports is predicted to exceed £1.8bn in 2025, with finance experts Deloitte stating the "commercial appeal of women's sport and its athletes has never been ...BBC News - Mar. 18 -
Stocks plummet after hot inflation report
Stocks sold off Friday after new federal data showed prices rising faster than expected, reigniting inflation fears on Wall Street. The Dow Jones Industrial Average was down more than 630 points ...The Hill - 13h -
Stocks plummet after hot inflation report
Stocks sold off Friday after new federal data showed prices rising faster than expected, reigniting inflation fears on Wall Street. The Dow Jones Industrial Average was down more than 630 points ...The Hill - 13h -
Volkswagen expects revenue to grow in 2025, says it feels 'all-American' as tariffs loom
The carmaking giant said it expects to see revenue growth in 2025.CNBC - Mar. 11 -
Treasury Department to cut IRS taxpayer advocate staff
The Trump administration is intending to make cuts to the office of the National Taxpayer Advocate (NTA) — its third announced staffing reduction at the Internal Revenue Service that comes amid a ...The Hill - Mar. 18 -
Here's how to get your tax refund quickly and invest it
According to the IRS, 61.4 million tax returns have been received and more than 60.7 have been processed. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss how to get your ...CBS News - Mar. 18 -
The IRS isn’t ICE for a reason: Let’s keep it that way
Having tax agents cooperate with immigration enforcement efforts will be costly, wasteful and possibly illegal.The Hill - 16h -
Deloitte predicts global revenues in women’s sport will reach $2.35bn in 2025
Basketball leaps ahead of football and set to hit $1bn But Fifa study shows stark reality facing many clubs Revenues in elite women’s sports are growing significantly faster than previously ...The Guardian - Mar. 18 -
State and local tax deduction could change amid Trump's tax cuts debate. Here's what to know.
As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say.NBC News - Mar. 13 -
GOP senator says 'tariffs is a tax' and Trump understands 'completely'
A GOP senator says President Trump's tariffs are a tax on American consumers, and Trump knows but the goal is to create open markets and long-term fairnessThe Hill - Mar. 13 -
US-Canada airline bookings plummet 70 percent: Report
Airline bookings between the U.S. and Canada are down by 70 percent compared to the same time last year, according to the aviation analytics company OAG. According to new data, airline capacity has ...The Hill - 1d -
3/10: The Daily Report
Lindsey Reiser reports on the stock market’s plummet following President Trump's comments on a possible recession, the Trump administration's cancelation of most remaining USAID programs and ...CBS News - Mar. 11 -
UK mulls big tech tax changes to avoid US tariffs
Rachel Reeves says talks are "ongoing" about the Digital Services Tax, paid by giants like Amazon.BBC News - 5d -
EU set to limit Apple and Meta fines to avoid Trump ire
Brussels to push ahead with enforcing digital rules on Big Tech groups but with low financial penalties for breachesFinancial Times - 1d -
EU set to limit Apple and Meta fines to avoid Trump ire
Brussels to push ahead with enforcing digital rules on Big Tech groups but with low financial penalties for breachesFinancial Times - 1d -
Personal finance experts react to the Spring Statement
From another crackdown on tax collection, to Isa threats and investing in defence stocksFinancial Times - 2d -
Morning Report — Democrats target Trump but battle each other
In today's issue: Looming budget and tax battles in Congress threaten Democratic lawmakers, who are in open, internal revolt, even as weakened party leaders say they can thwart President Trump and ...The Hill - Mar. 17 -
You can still claim a $1,400 stimulus check from the IRS—how to know if you qualify
You might be entitled to $1,400 in stimulus check money, but you'll have to file a 2021 tax return to claim it.CNBC - Mar. 9 -
Confidence plummeting among UK food and drink manufacturers, survey shows
Food and Drink Federation says business confidence fell to -47% amid inflation, energy and labour pressures. Confidence is tumbling among Britain’s food and drink manufacturers, as inflationary ...The Guardian - 2d -
Multiple vehicles set on fire at Tesla center in Las Vegas, police say
Police are investigating a fire involving several vehicles at a Tesla Collision Center in the southwest valley, which was reported around 2:45 a.m.The Hill - Mar. 18 -
Should I pay off my tax debt before my credit card debt? Experts weigh in
Focusing on tax debt first can be a smart move, experts say, but that won't be the case for everyone.CBS News - Mar. 12 -
Juventus set to sack coach Thiago Motta: reports
Serie A giants Juventus are set to sack coach Thiago Motta less than one season into his tenure, Italian media reported Sunday.According to the Italian press, Juventus could announce Motta's ...Yahoo Sports - 5d
