Latest in Inheritance Tax Bill
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How to gift your way to a lower inheritance tax bill
As IHT bills hit a record high, financial planners recommend consumers plan before the rules change from 2027Financial Times - 2d -
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 - 9h -
How the Tax Bill Could Impact Your Wallet
Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security income.The New York Times - Mar. 10 -
Volkswagen’s $1.4bn tax bill in India
Also in this newsletter: X sues the government over ‘censorship’ and Viswanathan Anand’s mantraFinancial Times - 1h -
Volkswagen’s $1.4bn tax bill in India
Also in this newsletter: X sues the government over ‘censorship’ and Viswanathan Anand’s mantraFinancial Times - 1h -
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 -
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 -
Is Boston Celtics owner Wyc Grousbeck hinting his successor plans to cut salary?
"It’s not the luxury tax bill, it’s the basketball penalties," said GrousbeckYahoo Sports - 15h -
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Celtics' new ownership group already faces a difficult task
A group led by venture capitalist Bill Chisholm now owns the most successful franchise in league history, but a massive tax bill comes due next season.Yahoo Sports - 4d -
The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know
The state and local tax deduction could change in 2025 as lawmakers debate Trump's tax cuts. Here's what to know.CNBC - Mar. 12 -
There can be a 'survivor's penalty' after a spouse dies — here’s how to avoid it
After your spouse dies, you could face a surprise higher tax bill, financial experts say. But it's possible to prepare with advanced planning.CNBC - 6d -
Faisal Islam: No tax rises and no return to austerity but will it last?
The Spring Statement is "not a Budget", but the chancellor is facing major tax and spending challenges.BBC News - 9h -
Porter inherits talented West Virginia RB room
West Virginia has a new running backs coach, in the experienced Larry Porter. Porter, a 27-year coaching veteran, came to Morgantown after previously serving as the running backs coach and special ...Yahoo Sports - Mar. 15 -
State and local tax deduction could change amid Trump's tax cuts debate. Here's what to know.
As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say.NBC News - Mar. 13 -
Protecting yourself from tax identity theft
Karla Dennis is an enrolled tax agent with KDA Incorporated, a tax strategy business. She joined CBS News to discuss how to protect yourself from someone stealing your identity and filing a tax ...CBS News - Mar. 11 -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - Mar. 10 -
How to calculate your Social Security tax obligations
Wondering what you'll pay in taxes on your Social Security benefits? Here's how to do the math.CBS News - Mar. 11 -
The Papers: 'Starmer threatens Putin' and 'council tax soars'
Friday's front pages cover proposals for a Ukraine military deployment and council tax rises.BBC News - 3d -
How the IRS can crack down on ghost tax return preparers
Indeed, thousands of tax return preparers systematically subvert the tax return filing process, rob the Treasury of revenue and undermine taxpayers’ faith in the system.The Hill - Mar. 8 -
The looming budget question: Will Medicaid cuts fund tax cuts?
Republicans should focus tax cuts on middle-income and lower-income households that would provide greater support to the economy than tax cuts for the wealthy.The Hill - Mar. 14 -
Avoid drama with your will by adding this to your estate plan
The stakes are high for heirs who expect a hefty inheritanceMarketWatch - Mar. 14 -
How to avoid identity theft during tax season
Nearly two-thirds of people worry scammers will steal their personal information to file a fraudulent tax return, according to an Allstate Insurance survey.The Hill - 15h -
Cash in at Tax Time: Here Are the Small Business Tax Benefits of Financing and Leasing Equipment
Whether you finance or lease business equipment and vehicles, there are clear tax benefits unique to both. Here’s what you need to know.Inc. - 6d -
Laviska Shenault to sign with Bills
The Bills are set to add another player to their receiving corps.Yahoo Sports - Mar. 13 -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - Mar. 11 -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
Democrats says "wealthy tax dodgers" could see less IRS scrutiny amid agency layoffs. Here's what to know.CNBC - Mar. 11 -
5 smart tax moves seniors should make before April 15
Seniors who want to ease the stress and expenses that come with tax season should make these moves now.CBS News - Mar. 13 -
HMRC probes into unpaid capital gains tax trebled in 2023-24
UK tax agency is under growing pressure from government to increase revenue by improving complianceFinancial Times - Mar. 16 -
Do you have to pay taxes by April 15 if you file an extension?
Filing an extension doesn't necessarily change the date your tax payment is due. Here's why.CBS News - Mar. 17 -
Ethiopia introduces new tax to fill gap after USAID funding pause
Ethiopia’s parliament is introducing a new tax for all workers as part of measures to fill the financial gap left by the USAID funding pauseABC News - 4d -
China’s Tax Revenue Declines as Its Leaders Brace for Trump’s Tariffs
Tax revenues have fallen, leaving the government with less money to help consumers or exporters as Beijing braces for President Trump’s tariffs.The New York Times - 2d -
UK mulls big tech tax changes to avoid US tariffs
Rachel Reeves says talks are "ongoing" about the Digital Services Tax, paid by giants like Amazon.BBC News - 1d -
Tax revenue collected by the IRS set to plummet, report says
IRS officials are expecting tax revenue to drop by more than 10% by April 15, the Washington Post reported.CNBC - 10h -
American Dreamer review – Peter Dinklage is charmer in oddball tale of eccentric inheritance
Hardluck lecturer Dinklage stands to receive a mansion from rich widow Shirley MacLaine in underpowered comedy. This low-key oddity has the potential for some proper horsepower given the odd but ...The Guardian - Mar. 11 -
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 - 6d -
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 -
Two players recently signed by the Bills have been suspended by the NFL
Not good news for the Bills:Yahoo Sports - Mar. 15 -
Power rankings: PFF liked the Buffalo Bills during NFL free agency
PFF is positive on the Bills:Yahoo Sports - 3d -
Should I take money from my Roth IRA or leave it to my heirs?
“When inheriting a Roth, are there different rules for the spouse versus children?”MarketWatch - Mar. 17