Latest in Dodgy Tax Scheme
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Why Rachel Reeves may have to raise UK taxes in October
The chancellor is on track to meet her own fiscal rules, so why is there talk of tax rises in the autumn?BBC News - 8h -
These tax errors could delay your refund
We're less than a month out from tax day and if you still haven't filed there are some common mistakes you should try to avoid to make sure you get your refund in a timely fashion. Medora Lee, ...CBS News - Mar. 18 -
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 -
This inherited IRA rule change for 2025 could trigger a 25% tax penalty
There's an inherited IRA rule change for 2025 that could trigger a 25% tax penalty for certain heirs. Here's what investors need to know.CNBC - 3d -
Senate braces for high-stakes ruling that will decide the fate of Trump's tax cuts
Senators are expecting to receive a consequential decision that will shape whether Republicans can make President Donald Trump’s expiring tax cuts permanent.NBC News - 5h -
Senate braces for high-stakes ruling that will decide the fate of Trump's tax cuts
Senators are expecting to receive a consequential decision that will shape whether Republicans can make President Donald Trump’s expiring tax cuts permanent.NBC News - 5h -
Senate braces for high-stakes ruling that will decide the fate of Trump's tax cuts
Senators are expecting to receive a consequential decision that will shape whether Republicans can make President Donald Trump’s expiring tax cuts permanent.NBC News - 5h -
'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 -
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 -
CBO projects deficits will sharply rise if Trump tax cuts made permanent
New projections from Congress’s official legislative scorer show deficit levels will explode if the Trump tax cuts are made permanent and not simply extended. In response to an inquiry from House ...The Hill - 6d -
GOP heads into key stretch for ambitious Trump tax cut plan
Republicans on Capitol Hill are staring down a key three-week stretch in their effort to enact President Trump’s ambitious tax agenda, with hopes that the House will be able to advance a compromise ...The Hill - 4d -
Tax, spending divisions rankle Republicans despite momentum on reconciliation
Republican leaders in the House and Senate emerged from a meeting at the Treasury Department Tuesday afternoon sounding upbeat about their “big, beautiful bill” that has an extension of the 2017 ...The Hill - 15h -
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 -
UK watchdog tells banks to prepare for redress scheme on car loans
FCA to announce decision on compensation within six weeks of court rulingFinancial Times - Mar. 11 -
PwC cuts record number of UK partners and halts tech apprenticeship scheme
Moves come as consultants strain to protect annual profit pool of close to £1mn per partnerFinancial Times - Mar. 12 -
Balance of power: Loch Ness hydro storage schemes fuel local anxiety
As energy firms race to meet challenges of storing power, critics worry about fluctuations in the depth of the loch. Brian Shaw stood at the edge of Loch Ness and pointed to a band of glistening ...The Guardian - Mar. 12 -
Trump pardons former Tennessee lawmaker imprisoned in campaign fraud scheme
Brian Kelsey pleaded guilty to charges related to his attempts to funnel campaign money from his state legislative seat toward his failed 2016 congressional bid.CBS News - Mar. 12 -
UK’s Motability to crack down on misuse of motoring scheme for disabled people
Chief executive says most car buyers come from households on incomes of less than £20,000Financial Times - 2d -
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 - Mar. 10 -
Dr. Mehmet Oz may have underpaid Medicare and Social Security taxes, Senate Democratic memo finds
Dr. Mehmet Oz, President Donald Trump’s nominee to oversee the Center for Medicare and Medicare Services, may have “significantly” underpaid Medicare and Social Security taxes.NBC News - Mar. 13 -
Military families have special tax breaks — but the rules can be tricky, experts say
Many members of the U.S. military qualify for special tax breaks that aren't available to other Americans. Here's what to know about eligibility.CNBC - Mar. 14 -
Americans get a bigger tax break for buying an EV than for raising children. ‘What in the world are we doing?’
An examination of how the tax code treats different households shows that working families get far less support than some other taxpayers.MarketWatch - Mar. 20 -
The madness of the £100,000 childcare tax trap
With some parents requiring a 50 per cent pay rise to mitigate the effects of the threshold, the trap is zapping productivityFinancial Times - 6d -
Rachel Reeves: I will not 'tax and spend'
In an interview with the BBC's Laura Kuenssberg, the chancellor opened up on the public finances and how she's finding the job.BBC News - 5d -
Senate passes bill that seeks to keep D.C. government's use of local tax dollars intact
The government funding bill that's headed to the White House limits Washington, D.C.’s ability to fully use its local tax dollars. The Senate-passed measure aims to fix that.NBC News - Mar. 14 -
Lower Thames Crossing and Old Trafford projects are welcome investments
New infrastructure schemes show public-private partnership at its bestFinancial Times - 1d -
Nest pension fund says pledge to invest 30% in private markets is ‘not guaranteed’
State-backed retirement scheme will not compromise on value to meet targetFinancial Times - 20h -
Trump says Democrats would be to blame for shutdown, suggests it could delay tax cuts
President Trump said Thursday that Democrats would be to blame if government funding runs out this week and suggested a shutdown could delay GOP efforts to extend expiring tax cuts. "They do a ...The Hill - Mar. 13 -
Scammers Stole Their Retirement Savings. Then the Tax Bill Arrived.
The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the funds quickly disappeared.The New York Times - Mar. 8 -
Businesses bemoan Indian ‘tax terrorism’ and red tape
Officials vow to cut bureaucracy and fiscal burden amid fears they could hurt investmentFinancial Times - Mar. 9 -
Reeves will not raise taxes in Spring Statement, say officials
Chancellor will rely on a spending squeeze to try to ensure she complies with her fiscal rulesFinancial Times - Mar. 19 -
Even Republicans want to raise Social Security taxes
Wondering what fixing the program will look like? A new report gives us a clue.MarketWatch - Mar. 20 -
Volkswagen challenges $1.4bn ‘life and death’ tax bill
Also in this newsletter: X sues the government over ‘censorship’ and Viswanathan Anand’s mantraFinancial Times - 3d -
Reeves’ repair job avoids tax increases — for now
But government risks backlash over welfare cuts that will push tens of thousands into povertyFinancial Times - 1d -
The Papers: 'On the backs of the poor' and 'tax rise fears'
Reaction to the chancellor announcing billions in cuts and gloomy economic forecasts dominate the front pages.BBC News - 21h -
AI scammers on Amazon duped investors out of millions with 'passive income' scheme, FTC alleges
The company promised better returns than the stock market, with a co-founder appearing in TikTok videos with wads of cash alongside an image of Warren Buffett.CNBC - Mar. 18 -
Ask for Angela scheme was set up in my mum's memory - but more needs to be done
Angela Crompton's daughter has been speaking to the BBC about her life and the campaign in her name.BBC News - 14h
