Latest in The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know
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The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know
The state and local tax deduction could change in 2025 as lawmakers debate Trump's tax cuts. Here's what to know.CNBC - 12h -
'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 - 1d -
How the Tax Bill Could Impact Your Wallet
Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security income.The New York Times - 2d -
Businesses bemoan Indian ‘tax terrorism’ and red tape
Officials vow to cut bureaucracy and fiscal burden amid fears they could hurt investmentFinancial Times - 4d -
How to calculate your Social Security tax obligations
Wondering what you'll pay in taxes on your Social Security benefits? Here's how to do the math.CBS News - 1d -
'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 - 1d -
Here's what to know about Social Security's new overpayment rule
The policy could lead to hardship for some elderly Americans, Social Security advocates say. Here's what to know.CBS News - 2d -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - 2d -
These accounts can be the 'worst possible asset’ for retirement, expert says. Here's why
Many investors don't plan for future taxes when contributing to traditional IRAs. Here are the key things to know.CNBC - 4d -
It’s ‘Maganomics’: Trump’s brash economic strategy is likely to end in crash or crisis | Jonathan Portes
Large tax cuts for the rich, import tariffs, and the competing interests of Republican nationalists and the techno-right is a dangerous combination. What connects Donald Trump’s approach to trade, ...The Guardian - 19h -
Greenland votes amid Trump invitation to join US: What to know
Greenland's upcoming national election could set the stage for a later referendum on its future control, as President Trump has renewed his quest to take over the natural resources-rich arctic land.The Hill - 2d -
‘Be careful about this’: Warnings abound as GOP considers writing off tax cuts
Republicans will discuss the accounting maneuver with President Donald Trump on Thursday.Politico - 10h -
21 House Republicans ask leadership to limit changes to energy tax credits in reconciliation
A group of 21 House Republicans is asking a key committee to limit changes to energy tax credits passed under Democrats as the GOP seeks to overhaul the U.S. tax code. In a new letter dated ...The Hill - 2d -
Trump says he considering cutting back on Canada tariffs as stock markets bounce
President Trump says he is considering reducing the new tariffs he announced on Canada's steel and aluminum as a response to Ontario's tax on electricity to the U.S. This comes as the stock markets ...CBS News - 1d -
Beware America’s fake fiscal conservatives
Republicans are indulging in budgetary chicanery in order to preserve Trump’s tax cutsFinancial Times - 2h -
What student loan borrowers should know as Trump targets Public Service Loan Forgiveness
President Donald Trump signed an executive order that aims to limit eligibility for a popular student loan forgiveness program. Here's what you need to know.CNBC - 2d -
Rules for Portable Batteries on Planes Are Changing. Here’s What to Know.
Some airlines in Asia are tightening restrictions. You may have to repack or turn off your batteries before boarding flights with certain carriers.The New York Times - 4h -
PFL FAQ: What big changes are coming this year?
Who's fighting in the PFL -- and who's not -- in 2025? Here's everything you need to know about the new format.ESPN - 14h -
Africa Received Billions in U.S. Aid. Here’s What It Will Lose.
The United States spent decades responding to conflicts and disease in Africa. The continent is now expected to be the hardest hit by the Trump administration’s aid cuts.The New York Times - 3d -
What is micro-cheating? Relationship experts share what to know.
Micro-cheating, whether intentional or not, can negatively impact a couple in a number of ways. Here's what to know, according to relationship experts.CBS News - 19h -
Protecting yourself from tax identity theft
Karla Dennis is an enrolled tax agent with KDA Incorporated, a tax strategy business. She joined CBS News to discuss how to protect yourself from someone stealing your identity and filing a tax ...CBS News - 1d -
Southwest Airlines as we know it is over. Here's what's changing, from bag fees to basic economy
Southwest will start charging customers to check bags, launch basic economy tickets in a bid to drive up revenue.CNBC - 20h -
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 - 4d -
Department of Education cuts half its workforce
The Department of Education cut half its workforce amid President Trump’s effort to abolish the agency. Trump touted the cuts, saying they shift responsibilities away from the federal bureaucracy ...NBC News - 8h -
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Mark Carney Will Be Canada’s Next Prime Minister. Here’s What to Know.
Mark Carney, a former central banker, now heads the Liberal Party and will soon lead Canada, tasked with responding to President Trump’s threats.The New York Times - 2d -
Six things that could get more expensive for Americans
Economists say the president's import taxes could result in higher prices for a range of products in the US.BBC News - 21h -
Gavin Newsom’s Podcast Hosts Steve Bannon, Covering Musk, Trump and Taxes
The California governor hosted one of the architects of President Trump’s political movement on his new podcast, and their friendly sparring revealed a few points of agreement.The New York Times - 16h -
$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 - 1d -
This retirement strategy is a 'game changer' for single-income, married couples, advisor says
If you're a single-income, married couple, you could use a spousal IRA to save more for retirement. Here's what to know.CNBC - 5d -
Are Schools Succeeding? Education Department Cuts Could Make It Hard to Know.
At least 800 education department research employees and outside partners have lost jobs. The cuts will decimate research and data collection.The New York Times - 10h -
Trump administration halts funding for two cybersecurity efforts
The Trump administration has cut millions of dollars in federal funding from two cybersecurity initiatives, including one dedicated to helping state and local election officialsABC News - 2d -
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 - 19h -
Canada’s Liberal Party To Elect New Leader and Prime Minister to Replace Trudeau: What to Know
Front-runner Mark Carney and underdog Chrystia Freeland, both established, centrist policymakers, are vying to succeed Justin Trudeau amid grave threats to Canada from the United States.The New York Times - 3d -
What Products Could Europe Levy in Retaliation to Trump’s Tariffs?
The European Union wants to force the United States to the negotiating table with retaliatory tariffs on a range of American products, including some from Republican strongholds.The New York Times - 20h -
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 - 3d -
Trump administration cancels disaster training for meteorologists amid staffing, travel cuts
The Trump administration has canceled a training that prepares meteorologists to forecast during disasters, The Hill has learned. The incident meteorologist training for the National Weather ...The Hill - 1d -
Champions League: Five things to know as we keep sleeping on Bayern Munich while PSG and Barcelona look legit
The round of 16 is over, and outside of Real Madrid, here's what to know as the quarterfinals arrive next monthCBS Sports - 8h -
Carney ready to talk trade with Trump if 'there's respect for Canada's sovereignty'
Prime minister-designate's comments follow Canada's reciprocal tariffs on US imports after Trump slapped taxes on steel and aluminium.BBC News - 11h