Income Tax - QuikReader

A 'National Tragedy' in India: Popcorn Is Taxed Three Ways

Critics say the multiplicity of tax rates on the humble snack is emblematic of why India remains a difficult place to do business.

The Wall Street Journal - 1d

Trump’s assault on the global corporate tax regime

President threatens retaliation against ‘discriminatory’ levies on US multinationals

Financial Times - 11h

Council urged to scrap 'rat tax'

A councillor has put forward an amendment to a recent review of pest control charges.

BBC News - 1d

Tulsi Gabbard raked in massive income engaging Republican audience, filing shows

Tulsi Gabbard reported a net worth of $55 million to $127 million, her personal financial disclosure report shows.

ABC News - 2d

Trump inauguration: Tech CEOs like Musk, Bezos and Zuckerberg score better seats than some incoming cabinet members

Companies like Amazon, Meta, Alphabet and OpenAI have donated $1 million apiece to the Trump Inauguration, and their leaders are in prime spots.

MarketWatch - 2d

Most Americans optimistic about incoming Trump presidency, CBS News poll shows

A new CBS News poll shows 60% of Americans feel optimistic about the next four years with Donald Trump as president. CBS News elections and surveys executive director Anthony Salvanto has more.

CBS News - 2d

Transcript: Incoming National Security Adviser Mike Waltz on "Face the Nation with Margaret Brennan," Jan. 19, 2025

The following is the full transcript of an interview with Rep. Mike Waltz, incoming Trump administration national security adviser, on "Face the Nation with Margaret Brennan" that aired on Jan. 19, ...

CBS News - 3d

Incoming National Security Adviser Mike Waltz says "Hamas will never govern Gaza"

Mike Waltz, who will take over as national security adviser in the incoming Trump administration, tells "Face the Nation with Margaret Brennan" that the new administration will support Israel if ...

CBS News - 3d

Trump team now 'reviewing' plans for Chicago ICE raids: Incoming border czar

President-elect Donald Trump's border czar said the incoming administration is now "reviewing" whether to launch removal operations in Chicago.

ABC News - 4d

I’m blindsided by extra Medicare charges because of my income. How do I avoid this situation?

A reader is trying to plan ahead to avoid the dreaded IRMAA, a surcharge that can come out of your Social Security check.

MarketWatch - 4d

How the hot EV market left middle-income Americans out in the cold

Electric vehicles made up about 9% of cars sold in the U.S. last year. Even with tax credits, they were too expensive for many middle-income households.

MarketWatch - 4d

Incoming British ambassador to US praises Trump in op-ed

The incoming British ambassador to the U.S. Peter Mandelson praised President-elect Trump in a new op-ed, predicting his forthcoming presidency will be one of the “most consequential” in recent ...

The Hill - 5d

Senate GOP spikes House tax plans

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP rejects House conservative tax pitch Senate Republicans are tossing ...

The Hill - 5d

D.C. Restaurants Look Ahead to Incoming Trump Administration

With Trump back in town, owners are wondering how the dining scene will shape up.

The New York Times - 5d

What Did Trump’s Tax Cuts Do?

Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.

The New York Times - 5d

Bank of America tops estimates on better-than-expected investment banking, interest income

The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.

CNBC - 6d

Morgan Stanley tops estimates on strong equities and fixed income trading revenue

The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.

CNBC - 6d

Hochul Proposes Cutting Income Taxes for Middle-Class New Yorkers

Gov. Kathy Hochul used her State of the State speech to focus on affordability and crime, vowing to place a police officer on every overnight subway train.

The New York Times - Jan. 14

How to Pay Your Taxes Online

Paying US federal and state taxes online can be confusing, and one wrong move can result in penalties or extra money owed. We break it down so you can have the most worry-free tax filing possible.

Wired - Jan. 14

Airlines turn to incoming government to resolve Ireland’s airport cap row

Industry hopes Dublin will resolve a long-running dispute caused by local planning restrictions

Financial Times - Jan. 14

Jamie Dimon on the economy, billionaires, and income inequality

The chairman and CEO of JPMorgan Chase explains why he's referred to cryptocurrencies like Bitcoin as a Ponzi scheme; his bank's efforts to improve the lives of lower-income Americans; and his ...

CBS News - Jan. 12

Trump’s return raises prospect of global tax war

Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffs

Financial Times - Jan. 12

Trump’s Day 1: Incoming president looks set to act on tariffs, crypto, energy and immigration

On his first day back in office, President-elect Donald Trump is planning to go big on executive orders and other actions, including ones that aim to rollback some of his predecessor’s policies. ...

MarketWatch - Jan. 11

Here’s when you can file your 2024 taxes — and what’s new this year with refunds, tax laws and free tax prep

Income-tax refunds averaged more than $3,100 last year. How much will they be this year?

MarketWatch - Jan. 11

Trump's incoming border czar says mass deportations will include workplace roundups

Tom Homan, President-elect Trump's incoming border czar, said mass deportations of undocumented migrants will include workplace enforcement operations. Homan also said the administration is ...

NBC News - Jan. 10

Trump's tax-cut obstacle course

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...

The Hill - Jan. 10

Trump administration will close down the Darien Gap, incoming border czar Tom Homan says

In an interview with NBC News, incoming Trump border czar Tom Homan said that people without criminal records may also get arrested in mass deportation raids.

NBC News - Jan. 10

IRS announces the start of the 2025 tax season

The 2025 tax season will begin on Jan. 27 for individual taxpayers. Here are some options to file your 2024 taxes for free.

CNBC - Jan. 10

Trump Organization Says Incoming President Will Separate Himself From Family Business

The company is set to release a series of ethics rules governing Donald Trump’s interactions with his business empire.

The Wall Street Journal - Jan. 10

Reeves faces 'difficult decisions' on tax and spending

The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.

BBC News - Jan. 10

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 - Jan. 9

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 - Jan. 9

Tax lessons for governments from Henry George

The 19th-century political economist understood that the whole of society should benefit from outsized profits

Financial Times - Jan. 9

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 started

MarketWatch - Jan. 7

Trump's incoming White House chief of staff says she won't tolerate drama

Leaks, office feuds and chaos were some of the things CBS News reported coming out of the West Wing during President-elect Donald Trump's first term. Susie Wiles, the incoming White House chief of ...

CBS News - Jan. 6