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I.R.S. Fires 6,700 Employees Amid Tax Filing Season
The layoffs at the Internal Revenue Service came alongside additional firings at the Transportation Security Administration and the C.I.A.The New York Times - 1d -
IRS layoffs underway around the country as millions prepare to file taxes
The IRS has begun laying off more than 6,000 new and newly promoted employees across the country as part of the push to slash the federal government, sources say.ABC News - 1d -
What Do the Mass IRS Layoffs Mean for Your Business Tax Filings?
The IRS just laid off at least 6,000 employees, which could lead to slower processing times–or lax enforcement.Inc. - 1d -
Don't wait to file your taxes this season, experts say. Here's why
Nearly one-third of Americans procrastinate filing their taxes. But here's why you shouldn't wait this season, experts say.CNBC - 22h -
Here's how IRS layoffs could impact your tax filing and refund this season
Thousands of IRS employees are expected to lose their jobs as Elon Musk's Department of Government Efficiency, or DOGE, continues cuts to federal spending.CNBC - 1d -
Trump’s IRS layoffs have some Americans asking: ‘Why bother’ filing taxes this year?
Accountants say some clients are wondering if they should blow off their taxes amid IRS cutbacks.MarketWatch - 4h -
Nikola, Electric Truck Maker, Files for Bankruptcy
The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a viable business.The New York Times - 2d -
Troubled electric vehicle maker Nikola files for bankruptcy protection
Troubled electric vehicle maker Nikola is filing for for Chapter 11 bankruptcy protectionABC News - 3d -
Migrants held at Guantanamo now allowed to phone attorneys, filing says
Migrants being held at the Guantanamo Bay prison camp are now being permitted to speak to their attorneys by phone, an ICE official said in a court filing.ABC News - 1d -
Iowa pollster facing Trump lawsuit files motion to dismiss
Veteran Iowa pollster J. Ann Selzer is seeking to dismiss President's Trump's lawsuit against her, the Des Moines Register and its parent company Gannett after a November survey incorrectly ...The Hill - 3h -
It’s time for Americans to withhold their taxes | Judith Levine
The point is not to deprive the government of funds. It’s to expose the regime’s criminality. Political power boils down to two things: votes and money. But when money buys presidents, senators and ...The Guardian - 2d -
Chinese Hospital Bankruptcies Soar Amid Financial Strains
Still recovering from heavy spending during the pandemic, hospitals are squeezed by a slumping economy and government efforts to curb health care spending.The New York Times - 2d -
H&R Block Coupons and Deals: $50 Off Tax Prep in 2025
When you visit your local H&R Block store, you can save up to $50 when you use one of our (unique) codes.Wired - 3d -
Google agrees to pay Italy $340 million to settle a tax evasion investigation
Italian prosecutors say they are seeking to drop a tax evasion investigation against Google after the tech giant agreed to pay a 326 million euro ($340 million) settlementABC News - 3d -
Cruise stocks tumble after Commerce Secretary Lutnick signals tax crackdown
Royal Caribbean was the hardest hit.CNBC - 1d -
What does DOGE's IRS shake-up mean for tax season?
DOGE wants access to filers’ data, and the commerce secretary says Trump wants to scrap the IRS. But filing a return remains mandatory — the earlier the better, tax advisers say.NBC News - 1d -
Did You Sell Concert Tickets or Clothes? You May Owe Taxes
If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore it, an expert says.The New York Times - 1d -
5 options to consider if you owe $10,000 (or more) in taxes
If you're facing a large tax debt that you can't pay, there are a few possible solutions worth considering.CBS News - 21h -
Will the expected IRS cuts delay my 2025 tax refund?
Tax accountants urge Americans to file early this year to avoid delays in getting your 2025 tax refund.CBS News - 20h -
President Trump should combine extending tax cuts with fixing Social Security
It would be good fiscal policy and probably good politicsMarketWatch - 21h -
Trump considers tariffs to counter digital services taxes on Big Tech
President orders probes into levies imposed by EU, UK and Turkey on US companiesFinancial Times - 18h -
The IRS is firing thousands of workers. Will it affect your tax refund?
With the IRS laying off thousands of employees Thursday, many Americans may be wondering if their tax returns – or their refunds – will be affected.The Hill - 3h -
Zelensky Meets Kellogg, U.S. Envoy to Ukraine, Amid Public Spat With Trump
Keith Kellogg and President Volodymyr Zelensky were expected to discuss possible paths to ending the war and ways to defuse tensions between Washington and Kyiv.The New York Times - 1d -
Amid Navy's demand for subs, recruitment efforts for shipbuilders begins in schools
It's part of a national effort by shipyards and the Navy to bring on 100,000 skilled workers over the next 10 years.CBS News - 1d -
U.S. envoy says talks with Ukraine are positive amid Trump criticism of Zelenskyy
Ukraine and European allies are being vigilant after a meeting between U.S. Envoy to Ukraine Keith Kellogg and Ukrainian President Volodymyr Zelenskyy. Kellogg praised what he called a "positive" ...CBS News - 1d -
Levin defends Zelensky, Ukraine amid sharp words from Trump
Conservative pundit Mark Levin of Fox News on Wednesday sought to defend Ukraine President Volodymyr Zelensky, who has come under days of criticism from President Trump over the Ukraine war. Levin ...The Hill - 1d -
Acting ICE director reassigned amid Trump administration's frustration with deportation numbers
The Trump administration has removed Caleb Vitello, the acting director of Immigration and Customs Enforcement, from his position and reassigned him within the agency. NBC News' Julia Ainsley ...NBC News - 22h -
LA mayor removes fire chief amid tensions over deadly wildfires
Los Angeles Mayor Karen Bass (D) has removed the city’s fire chief, Kristin Crowley, amid ongoing tensions over the handling of and response to the region's deadly January wildfires. Crowley was ...The Hill - 21h -
US stocks dip amid concerns over tariffs and consumer belt-tightening
All three major stock indexes moved decisively lower, extending sell-off in wake of dour economic reports. US stocks tumbled on Friday, extending a sell-off in the wake of dour economic reports and ...The Guardian - 20h -
Acting head of ICE reassigned amid frustrations over deportation efforts
Caleb Vitello was installed by President Trump to lead U.S. Immigration and Customs Enforcement in an acting capacity at the start of his second administration in January.CBS News - 21h -
Trump removes Ice chief amid apparent frustration over rate of deportations
Caleb Vitello reassigned as administration reportedly unhappy at slow rate of arrests and deportations. Donald Trump’s presidential administration has reassigned its top official at US Immigration ...The Guardian - 21h -
Trump administration pushes on with government cuts amid some signs of pushback
NBC News White House Correspondent Yamiche Alcindor and NBC News Capitol Hill Correspondent Melanie Zanona report on new firings in the federal government as some House Republicans are confronted ...NBC News - 21h -
Trump to meet with Polish president, amid discussions about Ukraine war
Polish President Andrzej Duda is expected to meet with President Trump on the sidelines of the Conservative Political Action conference on Saturday.CBS News - 16h -
Trump Fires Joint Chiefs Chairman Amid Flurry of Dismissals at Pentagon
The decision to fire Gen. Charles Q. Brown Jr., a four-star fighter pilot, upends a tradition in which the Joint Chiefs chairman traditionally remains in place as administrations change.The New York Times - 14h -
Wall Street sees major drop amid concerns over slowing economy
Wall Street saw a dramatic drop on Friday with the Dow Jones plunging nearly 750 points, and the S&P 500 and Nasdaq falling sharply amid fears of a slowing economy and stubborn inflation. CNBC’s ...NBC News - 5h -
Amid the Noise, Canada Reclaimed Its Throne as the ‘King of Hockey’
With more than a decade of built-up tension between the two rivals, more than just bragging rights were at stake, a columnist for The Athletic writes.The New York Times - 3h -
From weather apps to taxes: the trickle-down effects of Trump’s federal worker firings
Gutting of workforce will have far-reaching consequences as advocates warn of playing ‘Russian roulette’ with safety. You wake up to dark clouds outside, so you check the weather on your phone: a ...The Guardian - 2d -
Trump’s Plan to Kill Social Security Benefit Tax Could Accelerate Its Insolvency
Social security is already in danger. President Trump’s plan to get rid of income taxes on the benefit won’t save it. In fact, it’ll probably do the opposite.Inc. - 1d -
IRS employee among those fired by Trump during tax season speaks out
President Trump is eliminating more than 6,700 at the Internal Revenue Service at the height of tax season. Nancy Cordes looks at the impact of the cuts on the workers and Americans who depend on ...CBS News - 17h -
Will your tax preparer save you money or make costly mistakes? Look for these red flags.
How to make sure you get what you pay for.MarketWatch - 31m