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Does the IRS ever forgive back taxes?
The IRS may be known for taking a hard stance on tax debt repayment, but that isn't always the case.CBS News - 1h -
Warren questions Trump IRS nominee's experience, promotion of tax credit
Sen. Elizabeth Warren (D-Mass.) voiced concerns about President-elect Trump’s nominee to lead the Internal Revenue Service (IRS) on Wednesday, pressing him for answers about his previous experience ...The Hill - 2h -
Herrera's Liga MX start delayed due to MLS ban
Former Houston Dynamo FC designated player and recent Toluca signing Héctor Herrera must fulfill a three-game ban he received at the end of the last MLS season for spitting at the ref in the ...ESPN - 2h -
Tax lessons for governments from Henry George
The 19th-century political economist understood that the whole of society should benefit from outsized profitsFinancial Times - 7h -
H&R Block Coupons and Deals: 15% Off Tax Prep in 2025
When you do your own taxes with the help of H&R Block software (or a human, if you need it), you can get 15% off.Wired - 15h -
Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.
President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.The New York Times - 20h -
Oscar nominations delayed, voting extended due to L.A. fires
In a letter to members Wednesday, film academy Chief Executive Bill Kramer announced the postponement and offered condolences to those affected.Los Angeles Times - 23h -
Screen Actors Guild Awards cancel live nominations announcement due to wildfires
The Screen Actors Guild Awards nominations have canceled an in-person announcement planned for Wednesday morning due to devastating wildfires and winds in the Los Angeles areaABC News - 1d -
Canadiens Players Hit Hardest By Taxes
The Hockey News had a tax expert produce tax returns for player earning $3 million USD in all 32 markets and the data shows the Canadiens' player really are hit the hardest by taxes.Yahoo Sports - 6h -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - 7h -
Map shows hazardous air quality due to California fires
Millions woke up to hazy skies and poor air quality Wednesday morning as crews continued to fight the Palisades Fire in western Los Angeles, the Eaton Fire near Altadena and the Hurst/Sylmar Fire ...The Hill - 9h -
Paul Krugman thinks bond yields may be rising due to an ‘insanity premium’
Economist Paul Krugman says a rise in 10-year yields may be driven by President-elect Donald Trump’s economic policy pronouncements and other proposals.MarketWatch - 12h -
The Papers: 'Apocalypse' LA and 'Reeves faces extra tax rises'
Wednesday's headlines include wildfires in LA and economists warning of rising government borrowing costs.BBC News - 18h -
NHL postpones Kings' home game due to wildfires
The NHL postponed the Los Angeles Kings' home game against the Calgary Flames on Wednesday with several massive wildfires still burning across the greater Los Angeles area.ESPN - 21h -
State of emergency declared due to devastating California wildfires
Los Angeles remains in a state of emergency due to the deadly wildfires spreading across the county. CBS News correspondent Elisa Preston reports on the ground in Malibu.CBS News - 21h -
UK recruiters report fresh slowdown in hiring as planned tax rises bite
Survey results will heighten investor concerns over stagflation threat in economyFinancial Times - 22h -
Tax refund delays still plague millions of Americans, report says
Millions of taxpayers continue to struggle with delays in refunds from the IRS, a new tax advocate report says.CBS News - 1d -
Kings' home game vs. Flames postponed due to wildfires in Los Angeles
The Kings have announced that their home game against the Calgary Flames scheduled for Wednesday night would be postponed due to the wildfires in Los Angeles.Yahoo Sports - 1d -
Fallout Season 2 Production Delayed Due To Massive California Fires
The massive Palisades blaze in Southern California has prompted production to halt on a variety of projects in and around Los Angeles, including Fallout Season 2. The sophomore season was ...GameSpot - 1d -
Redick says family evacuated due to L.A. wildfires
Lakers coach JJ Redick called attention to the wildfires in the Pacific Palisades, saying his family was among those forced to evacuate.ESPN - 1d -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - 1d -
Biden expands wind and solar tax credit to nuclear, hydropower, geothermal energy
The Biden administration on Tuesday finalized a guidance that expands a tax credit that has historically applied only to wind and solar power to a range of other energy technologies. Under a new ...The Hill - 2d -
How soon can you file your 2024 income-tax return? Here’s your 2025 tax-season road map.
Tax season is just around the corner and it’s never too early to get startedMarketWatch - 2d -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - 2d -
Where fire danger is heightened due to dry weather
Parts of Southern California will be threatened with increased fire danger again in the coming days.ABC News - 2d -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - 3d -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - 3d -
Trump backs massive single bill for taxes, border and energy
Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.Politico - 3d -
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Polish wealth managers warn against tax changes for family foundations
Structure was set up in 2023 to encourage money to stay in the countryFinancial Times - 4d -
Steep costs of Irish reunification deter Dublin despite tax windfall
Ending division between north and south could lead to €20bn bill every year for two decadesFinancial Times - 4d -
Chiefs flight to Denver delayed due to icy conditions in Kansas City
Mother Nature is making it a bit harder for the Chiefs to get to Denver ahead of Sunday's game.Yahoo Sports - 5d -
DraftKings tests a subscription service as it looks to offset high New York taxes
DraftKings is testing the subscription service in New York, which is tied for the highest tax rate on sports wagering in the country.CNBC - 6d -
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.The Wall Street Journal - 6d -
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Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - 6d -
UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - 6d -
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Here are 9 states cutting their individual income taxes on Jan. 1
Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.CBS News - Jan. 1