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Rich retirees win if Trump ends taxes on Social Security benefits — but there are plenty of losers
Well-off retirees stand to gain thousands of dollars in tax savings every year if President Donald Trump succeeds in his bid to exempt Social Security benefits from income taxes, while younger ...MarketWatch - 1h -
HMRC ‘vastly underestimating’ UK tax evasion, MPs say
Cross-party committee warns agency is not ‘sufficiently curious’ about scale of illegal practiceFinancial Times - 3h -
Home office deduction: Here's who qualifies and how to claim it on your taxes
The home office deduction could provide a tax break on your 2024 return. Here's who qualifies and how to claim it.CNBC - 5h -
Reeves faces having to cut spending or raise taxes as UK growth disappoints
Chancellor’s headroom against her key budget rule has been wiped out, according to preliminary forecasts by watchdogFinancial Times - 5h -
Game Monument will let players fund titles by giving them credit inside games
Nate Pacyga had a big thought inside a cathedral, where he saw donors credited by their support of the Bath Abbey in the United Kingdom. He wondered why that can’t happen in video games. As game ...VentureBeat - 13h -
Trump Moves to Close Carried Interest Tax Loophole, Which Could Hurt Startups
The last three U.S. presidents have all called for an end to the tax break.Inc. - 1d -
Kanye West exits X, credits Elon Musk with 'allowing me to vent' via venomous rants
Ye, the rapper formerly known as Kanye West, logs out of X (formerly Twitter) after a weekend of more antisemitic posts. He left with a parting message: 'I appreciate Elon for allowing me to vent.'Los Angeles Times - 1d -
Inside the House GOP clash over tax cuts
Hardliners are squaring off against their top tax writer as Republicans try to assemble a package President Donald Trump's priorities.Politico - 2d -
Trump’s tariffs and tax plans are inflationary. Voters won’t tolerate it.
Trump can no sooner repeal the law of gravity than change some macroeconomic realities.MarketWatch - 5h -
3 simple ways to take control of your credit card debt this February
Between today's high rates and the recent uptick in spending, it's time to get your credit card debt under control.CBS News - 6h -
Home equity loan tax deductions: What to remember this tax season
A home equity loan has important tax benefits that users should remember this filing season. Here's what to know.CBS News - 8h -
How do tax extensions work?
It's important to understand what a tax extension does and doesn't do or you could end up making costly mistakes.CBS News - 8h -
We're buying more of an entertainment giant that didn't get credit for a strong quarter
The post-earnings decline, which took shares below $110 each, presents an opportunity to add to our position.CNBC - 9h -
New brackets, deductions and credits for taxes
It's tax filing time and if you're working on your 2024 return then you might be seeing changes with brackets, rates and other parts of the tax code. CBS News business analyst Jill Schlesinger has ...CBS News - 12h -
Thinking of not paying taxes? This is what it could cost you.
Penalties and fees could add up for tax protesters, for little impact.MarketWatch - 12h -
You only need 2 or 3 cards to maximize rewards, says credit expert—here's how to choose
The key to building a credit card strategy is to tailor your card usage to how you already spend, experts say.CNBC - 13h -
There will be no exemptions to new tax on metals, says Trump
The move threatens to have a big impact in Canada, a major source of the metals in the US.BBC News - 19h -
Trump expresses confidence Democrats will help extend tax cuts
President Trump expressed confidence that Democrats will help Republicans extend his 2017-era tax cuts, despite the minority party showing no interest in helping with the president’s agenda. The ...The Hill - 1d -
How long does the IRS give you to pay your taxes?
If you think you'll owe money to the IRS for last year's taxes, here's how long you have to pay what's owed.CBS News - 1d -
A Roth IRA offers a 'longer runway for tax-free investing,' advisor says. Here's how to use it
Your Roth IRA offers more time for 'tax-free investing,' advisors says. Here's how to use it.CNBC - 1d -
House Republicans could raise student loan bills to pay for Trump's tax cuts
As House Republicans look for ways to slash spending to fund President Donald Trump’s tax cuts, they’ve floated proposals that could raise federal student loan bills for millions of borrowers.NBC News - 1d -
To pay for Trump's tax cuts, House Republicans could raise student loan bills for millions of borrowers
As House Republicans look for ways to cut spending to fund President Trump's tax cuts, they've floated plans that may raise student loan bills for millions.CNBC - 1d -
Tax season 2025: All the deadlines taxpayers should know
Taxpayers should be aware of the deadlines for this year's tax season to avoid extra fees and penalties.CBS News - 1d -
Hundreds of tractors block Westminster in inheritance tax protest
Farmers from across the UK protesting in London against changes to inheritance tax.BBC News - 1d -
1 in 5 taxpayers are missing out on thousands with this tax credit
The IRS estimates one in five eligible taxpayers don't claim the earned income tax credit on their tax returns, missing out on thousands of dollars.The Hill - 1d -
Poor customer service hitting trust in UK tax authority
Both individuals and most businesses have lost faith in HMRC, spending watchdog findsFinancial Times - 2d -
A tax credit worth up to $7,830 often goes unclaimed: See who qualifies for the EITC
The IRS estimates that a fifth of eligible taxpayers fail to take advantage of the tax break each year.The Hill - 3d -
How much should you pay to do your taxes? Maybe nothing — if you qualify for free tax prep.
Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free. The IRS also has two different free filing options equipped for these ...MarketWatch - 3d -
The Papers: 'Trump wants UK tax cuts for tech giants' and 'hands off our ISAs'
A warning that axing ISAs could "trigger a mortgage crisis" is one of the stories on Saturday's fronts.BBC News - 3d -
Graham's plan for Trump tax cuts
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Graham rolls out plan to tackle Trump agenda Senate Budget Committee Chair ...The Hill - 4d -
RFK Jr. had up to $1.2 million in credit card debt — what experts say about tackling high balances
Robert F. Kennedy Jr.'s recent financial disclosures show a "massive" amount of credit card debt, according to experts.CNBC - 4d -
Trump wants to end a popular Wall Street tax break. What to know about the 'carried interest loophole'
President Donald Trump wants to end the carried interest loophole. Here's how the tax break benefits Wall Street investment managers.CNBC - 4d -
The IRS has issued 3.2 million tax refunds this year. Here’s the average payment
The IRS has issued 3.2 million tax refunds in 2025, as of Jan. 31. Here's the average payment.CNBC - 4d -
A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money
A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates would have unintended consequences.CNBC - 4d -
How to Pay Off Credit Card Debt
A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for reducing that debt, starting with looking at your spending habits.The New York Times - 4d -
Wall Street Prepares to Defend Carried Interest, a Favored Tax Break, Again
President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break that has survived time after time.The New York Times - 4d -
Tariff Uncertainty Taxes the Auto Industry
For some in the car industry, the uncertainty surrounding a US-border trade war is almost worse than the tariffs themselves. If the tariffs go through, the costs might get passed down to buyers.Wired - 5d