Latest in Irs Cuts
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Vestas to Cut Jobs at U.K. Factory
Vestas Wind Systems could cut hundreds of jobs at its Isle of Wight factory as it plans to repurpose the site to manufacture onshore turbine blades.The Wall Street Journal - 21h -
IRS: There's a key deadline approaching for required minimum distributions
If you're age 73 or older and retired, the annual deadline for required minimum distributions, or RMDs, is approaching. Here's what investors need to know.CNBC - 14h -
Bank of Canada warns Trump’s tariffs will ‘dramatically’ hit growth
Central bank has slashed borrowing costs five times this year in an effort to combat unemployment and boost growthFinancial Times - 16h -
Democrats fear more IRS cuts in funding fight with GOP
The White House and congressional Democrats are fighting to protect $20 billion in funds for the IRS as the tax collection agency faces significant changes next year. As bipartisan funding talks ...The Hill - 23h -
People will die in storm power cuts, councillor says
Thousands in Wales are still waiting for power to be restored after Storm Darragh.BBC News - 1d -
Reeves vows to cut 'waste' in spending review
The chancellor says "efficiency savings" will ensure enough funding for key public services.BBC News - 1d -
Designer Brands Cuts 2024 Outlook
Designer Brands said its sales fell in the third quarter and cut its outlook for the year as unfavorable weather and economic uncertainty reduced consumer spending. Shares fell premarket.The Wall Street Journal - 1d -
Ashtead to Move Listing to U.S., Cuts Guidance
The equipment rental company cited commercial construction dynamics in the U.S. for lowering its guidance and said the country is its natural long-term listing venue.The Wall Street Journal - 2d -
Blackhawks goalie Mrazek to IR with groin injury
The Blackhawks hav placed goaltender Petr Mrazek on injured reserve on Sunday with a left groin injury.ESPN - 3d -
Eagles' Dallas Goedert IR bound due to knee injury, TE eligible to return in Week 18 vs. Giants, per report
The reported plan is for Goedert to return for the playoffsCBS Sports - 4d -
Wealthy Americans are still ducking the IRS crackdown on non-filers
WASHINGTON — Tens of thousands of wealthy Americans are not complying with recently revamped Internal Revenue Service efforts to get them to file tax returns, according to data obtained exclusively ...NBC News - 5d -
Jets' Hall, Gardner likely sit vs. Fins; Mosley to IR
Jets running back Breece Hall (knee) and cornerback Sauce Gardner (hamstring) are expected to miss Sunday's game against the Dolphins. Linebacker C.J. Mosley (neck) has also been put on IR.ESPN - 5d -
Trump’s IRS Pick Billy Long is Sweet on the Fraud-Plagued Employee Retention Tax Credit
Some lawmakers say Trump’s new pick to lead the Internal Revenue Service is “a bizarre choice.”Inc. - 5d -
Bad to worse: Jets' Breece Hall and Sauce Gardner doubtful for Sunday. C.J. Mosley to IR
The Jets had injury news on a trio of stars.Yahoo Sports - 5d -
Trump's pick for IRS commissioner, former congressman Billy Long, receives mixed response from Washington, tax community
President-elect Donald Trump will nominate former Missouri congressman Billy Long for IRS commissioner, which has received a mixed response.CNBC - 5d -
Wealthy Americans are still ducking the IRS crackdown on non-filers
Tens of thousands of wealthy Americans are not complying with recently revamped IRS efforts to get them to file tax returns.CNBC - 5d -
Trump’s pick for IRS chief would lead an agency he once wanted to scrap. Here’s how he might run it.
President-elect Donald Trump wants the Internal Revenue Service under new management, and experts say change is coming. The question is how deep it will go.MarketWatch - 6d -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - 6d -
Here's what to know about Trump's pick to lead the IRS, Billy Long
President-elect Donald Trump wants former lawmaker and auctioneer Billy Long to replace IRS Commissioner Danny Werfel.CBS News - 6d -
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Frasers Group Tumbles After Guidance Cut
The U.K. sports-fashion retailer lost $540.4 million off its market value after it lowered expectations for its fiscal year, citing recent tough business conditions and weak consumer confidence.The Wall Street Journal - 6d -
Jags QB Lawrence to IR, likely ending his season
The Jaguars are placing quarterback Trevor Lawrence on injured reserve, likely ending his season.ESPN - Dec. 4 -
Trump names Billy Long as IRS head
President-elect Donald Trump said he would nominate Rep. Billy Long (R-Miss.) to serve as the Commissioner of the Internal Revenue Service (IRS) in a Wednesday post on Truth Social. “I am pleased ...The Hill - Dec. 4 -
Victim-support cut to be devastating, charity says
The cut follows government promises of stronger protections for victims of crimes such as stalking.BBC News - Dec. 4 -
What Trump’s plan to end IRS ‘overstepping’ could mean for audits of rich people — and call hold times for everyone else
The incoming Trump team wants to change the IRS mentality from “we’re the tax police,” one expert said.MarketWatch - Dec. 4 -
These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
California cuts back on water deliveries, anticipating dry year ahead
California's cities may only receive about 5 percent of the water deliveries they have requested this year, with dry and warm conditions expected to persist through the winter, state officials ...The Hill - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
'Everyone wins except the IRS' with this legal charitable donation strategy, advisor says
If you're donating money on Giving Tuesday, you may score a bigger tax break by gifting profitable investments. Here's what to know.CNBC - Dec. 3 -
49ers RBs McCaffrey, Mason both headed to IR
49ers running backs Christian McCaffrey and Jordan Mason are both headed to injured reserve.ESPN - Dec. 3 -
Restoring Nomura’s credibility will take more than pay cuts
Taint of latest scandal overshadows bank’s growing earnings and could have long-lasting consequencesFinancial Times - Dec. 3 -
German job cuts darken mood of election campaign
Snap February poll comes as Europe’s largest economy faces its toughest challenges for decadesFinancial Times - Dec. 3 -
Christian McCaffrey knee injury update: 49ers RB expected to miss six weeks after being placed on IR
The star running back was injured in Sunday night's blowout loss to the BillsCBS Sports - Dec. 3 -
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected turns orders and manufacturing restructuring plans.The Wall Street Journal - Dec. 2 -
49ers running back Christian McCaffrey headed to IR with an injured right knee
San Francisco 49ers running back Christian McCaffrey will not need surgery on his injured right knee but he will miss the rest of the regular seasonABC News - Dec. 2 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2 -
NFL news, injury updates: Christian McCaffrey likely done for season, Trevor Lawrence on IR, Azeez Al-Shaair 3-game suspension upheld
Another massive blow to the 49ers in an injury-plagued yearYahoo Sports - Dec. 2