Federal Tax Charges
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NBC News - Top stories
Trump's tax reversal punctuates a flurry of freebies defining the 2024 election
As president, Donald Trump slashed a lucrative tax break enjoyed by coastal donors and suburban swing-state voters. Now, he's promising to give back the deduction — if only they will put him back ...30 minutes ago - Donald Trump -
The Hill - Politics
Republicans rebuff global tax provision as Treasury implements possible workaround
House leadership and top Republican tax writers doubled down on their rejection this week of an international tax provision within an Organization for Economic Cooperation and Development (OECD) ...47 minutes ago - Republican Party -
Inc. - Business
Treasury Plans Bigger Tax Breaks for EV Charger Installations
A new rule proposed Wednesday by the Treasury Department could mean tax credits of up to $1,000 for individuals and $100,000 for businesses if they install electric vehicle chargers.4 hours ago -
The New York Times - Business
Has the Federal Reserve Pulled Off a Soft Landing?
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank overstepped its bounds.5 hours ago - Federal Reserve -
The Guardian - World
Sweden cuts tax on flying despite admitting it would increase emissions
Campaigners criticise decision to scrap tax introduced in 2018 amid rise of ‘flight shame’ movement. Campaigners have accused the Swedish government of doing “everything in its power to stop ...8 hours ago -
Financial Times - Business
Bank of England holds rates at 5%
MPC indicates it may lower borrowing costs again as soon as November8 hours ago -
CBS News - Top stories
Sean "Diddy" Combs denied bail again, will remain in jail on federal sex trafficking charges
Sean "Diddy" Combs is still behind bars Thursday after a second judge denied him bail in his federal sex trafficking case. Combs could remain in jail for at least a year before the trial begins. ...8 hours ago -
Financial Times - World
FirstFT: Fed easing cycle begins as focus moves to protecting jobs
Also in today’s newsletter, Hizbollah reels after twin attacks, and JPMorgan appoints ‘wellbeing’ tsar11 hours ago -
The New York Times - Business
Trump Floats an Array of Expensive Tax Cuts to Win Votes
Whether he is speaking to retirees, corporate executives or tipped workers, former President Donald J. Trump has made a habit of promising tax cuts that could cost trillions.18 hours ago - Donald Trump -
NBC News - Top stories
Federal reserve cuts interest rates by 0.5%
The Federal Reserve announced it's cutting interest rates for the first time since the beginning of the Covid-19 pandemic. The rates will be reduced by half a percentage point in effort to cushion ...Yesterday - Federal Reserve -
CBS News - Top stories
Interest rates expected cut from Federal Reserve
The Federal Reserve is expected to announce the first interest rate cut since 2020. CBS News business analyst Jill Schlesinger breaks down what economists predict may occur during today's ...Yesterday - Federal Reserve -
ESPN - Sports
Judge dismisses federal lawsuit against Dolan
A judge on Tuesday dismissed a federal lawsuit filed by a woman who accused James Dolan, chairman of Madison Square Garden and governor of the Knicks and Rangers, of unwanted sex nearly a decade ago.Yesterday -
BBC News - Top stories
No charge for woman who spread fake name after Southport attack
Bernadette Spofforth apologises for sharing a tweet which included a fake name of the Southport attacker.Yesterday -
CBS News - Top stories
Kamala Harris talks child care tax plan in NABJ interview
Vice President Kamala Harris addressed her childcare tax plan in Philadelphia Tuesday during an interview with the National Association of Black Journalists. CBS News campaign reporter Shawna ...Yesterday - Kamala Harris -
The Hill - Politics
Biden administration proposes wide eligibility for EV charger tax credit
The Biden administration has proposed a rule maximizing the number of electric vehicle (EV) chargers that can qualify for tax credits. Prior to the proposed rule, it was unclear whether the tax ...Yesterday - Joe Biden -
The Hill - Politics
Kamala Harris will raise your taxes, no matter what she's saying now
Kamala Harris has promised not to raise taxes for those making less than $400,000, but her proposed tax credits and deductions are not actual tax cuts, and she has promised to let the 2017 Trump ...Yesterday - Kamala Harris -
The Hill - Politics
Democrats target tax avoidance before cuts expire in 2025
Democrats are going after tax avoidance from big companies and wealthy individuals as the debate on taxes heats up ahead of tax code expirations scheduled for next year. A new set of proposed rules ...Yesterday -
Financial Times - World
Lib Dem call to tax rich more may be a poor pitch to its base
Ed Davey urges Labour to increase spending to ‘winterproof’ the NHS in a strategic moveYesterday -
Financial Times - World
Tax threat and negativity undermine investment efforts, business leaders warn
Industry executives air concerns over prime minister and chancellor’s gloomy comments about public financesYesterday -
CBS News - Top stories
Inside the courtroom as Sean "Diddy" Combs pleaded not guilty to federal charges
A judge denied hip-hop mogul Sean "Diddy" Combs' request for a $50 million bond Tuesday after Combs pleaded not guilty to federal counts of racketeering, conspiracy, sex trafficking and ...Yesterday -
The New York Times - Top stories
Trump Suggests Restoring the State and Local Tax Break He Once Limited
Former President Donald J. Trump’s 2017 tax law capped the state and local tax deduction at $10,000. He said on Tuesday that he would lift that limit.Yesterday - Donald Trump -
The Hill - Politics
Former governors press for election certification by federal deadline
Former governors pressed for election certification by the federal December deadline, saying the process "is not open to debate" in a Tuesday letter addressed to current governors. “The voters in ...Yesterday -
NBC News - Top stories
Trump calls for undoing part of his own tax law, vowing to 'get SALT back'
Donald Trump called for rolling back part of his signature tax law Tuesday, suggesting he would seek to reinstate the state and local tax deduction or SALT.Yesterday - Donald Trump -
CBS News - Top stories
Sean "Diddy" Combs pleads not guilty to federal charges. What's next in case?
Music mogul Sean "Diddy" Combs pleaded not guilty to federal charges against him following a probe by Homeland Security Investigations that appears to be ongoing. CBS News legal contributor Jessica ...2 days ago -
CNBC - Business
GOP House Speaker Johnson backs keeping some of Biden's clean energy tax credits
In an exclusive interview with CNBC, Johnson says he will use "a scalpel and not a sledgehammer" in deciding which IRA tax credits to try to roll back.2 days ago - Joe Biden -
Financial Times - Business
Trump vows to restore homeowner tax break he scrapped
Former US president courts wealthy suburban voters with pledge to ‘get Salt back’2 days ago - Donald Trump -
The Hill - Politics
Rep. Horsford introduces bill to eliminate taxes on tips
Rep. Steven Horsford (D-Nev.) has introduced the Tipped Income Protection and Support (TIPS) Act to eliminate federal taxes on tips and subminimum wages for tipped workers.2 days ago -
CNBC - Business
Your inherited individual retirement account could trigger a 'tax bomb,' advisor says. How to avoid it
If you've inherited a pretax individual retirement account since 2020, you could face a sizable tax bill without proper planning. Here's what to know.2 days ago -
CBS News - Top stories
Senate to vote on federal IVF protections
Senate leaders are voting Tuesday on legislation that would establish a nationwide right to in vitro fertilization. CBS News congressional correspondent Scott MacFarlane has more.2 days ago -
NBC News - Top stories
Prosecutors outline federal sex trafficking charges against Sean 'Diddy' Combs
Federal prosecutors allege rap mogul Sean "Diddy" Combs used drugs and violence to control victims of an illicit sex ring over a span of more than 16 years.2 days ago -
Financial Times - Business
Lib Dems to press Rachel Reeves to raise taxes on banks and wealthy
Ed Davey wraps up party conference saying rich should pay more to fund transformation of NHS and social care2 days ago -
The Hill - Politics
Judge refuses Meadows’s request to move Arizona charges to federal court
A judge on Monday denied a request by Mark Meadows, former President Trump’s White House chief of staff, to move his criminal charges in Arizona from state to federal court. U.S. District Judge ...2 days ago -
NBC News - Top stories
Sean Combs arrested at NYC hotel by federal authorities
Music mogul Sean “Diddy” Combs was arrested at a New York hotel by federal agents based on a sealed indictment filed by the Southern District of New York. NBC News’ Julia Ainsley recaps how the ...2 days ago -
Financial Times - Business
London’s ailing junior stock market cannot withstand a tax raid
Abolition of Aim would make it harder to stimulate investor interest in smaller companies2 days ago -
ABC News - Entertainment
Sean 'Diddy' Combs is arrested in New York after federal indictment
Prosecutors say Sean “Diddy” Combs was arrested late Monday in New York, where he faces a sealed criminal indictment2 days ago - New York -
Financial Times - World
Do I owe UK tax on my crypto assets?
I’ve had a letter from HMRC; does this mean I've made a mistake on my last tax return?2 days ago - United Kingdom -
ABC News - Entertainment
Sean ‘Diddy’ Combs faces federal charges in New York, his lawyer says
Sean ‘Diddy’ Combs faces federal charges in New York, his lawyer says2 days ago - New York -
CBS News - Entertainment
Sean "Diddy" Combs charged with sex trafficking, ordered held without bail
Sean "Diddy" Combs pleaded not guilty to federal charges on Tuesday after he was taken into custody in New York.2 days ago