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In Just 22 Years, Peter Thiel Turned $2,000 Into $5 Billion, Tax-Free. Here’s How
Granted, Thiel’s Roth IRA return is astronomical, but the approach he used can be broadly applied.Inc. - Dec. 8 -
Stillborn baby's teddy helps parents discuss grief
Writing books about lost children give parents chance to remember them and keep saying their names.BBC News - Dec. 8 -
Musiala's brace helps Bayern beat Heidenheim
Two second-half goals from substitute Jamal Musiala gave Bundesliga leaders Bayern Munich a nervous 4-2 victory over visitors Heidenheim on Saturday.ESPN - Dec. 8 -
Trump’s promise to tax imported goods could spell trouble for US auto industry
Automakers face uncertainty as top-selling vehicles, such as the Ford F-150 truck, are sourced from around the globe. Few vehicles are as emblematic of the American auto industry’s might as the ...The Guardian - Dec. 7 -
Athens Revives Hadrian’s Aqueduct to Help With Water Crunch
Hadrian’s Aqueduct supplied water to Greece’s capital for centuries but was then largely abandoned. It’s being revived to ease water scarcity amid global warming.The New York Times - Dec. 7 -
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. - Dec. 6 -
Billy Long Promised Huge Tax Refunds. Now Trump Wants Him to Lead the I.R.S.
Since leaving Congress in 2023, Billy Long has peddled a pandemic-era tax credit that the I.R.S. has warned is a magnet for fraud.The New York Times - Dec. 6 -
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 - Dec. 6 -
No plan for more tax rises but we can't rule it out - Starmer
The PM says voters can judge him at the next general election on whether their living standards have improved.BBC News - Dec. 6 -
UK’s largest estates pay an average of £9mn in inheritance tax
Wealthiest estates face prospect of higher rates of liability following the BudgetFinancial Times - Dec. 6 -
No need for 'large' council tax hikes - Robison
The finance secretary says a record funding deal should prevent an increase - but the decision will rest with local authorities.BBC News - Dec. 5 -
Ending Trump’s 2017 Tax Cuts Won’t Effect GDP, Budget Office Finds
Key provisions of the returning president’s 2017 Tax Cuts and Jobs Act will expire next year if Republicans don’t renew them.Inc. - Dec. 5 -
More Americans are living in malls, as developers get creative to help ease the housing crisis
Real estate developers are building housing inside of or next to shopping malls as department stores like Macy's, JC Penney and Sears shrink or cease to exist.CNBC - Dec. 5 -
EV tax credit is 'catastrophically stupid,' says incoming Ohio Senator and 'car czar' Bernie Moreno
Ohio Senator-elect Bernie Moreno said the $7,500 EV tax credit should be eliminated and instead let the automakers and consumers decide what cars to buy.CNBC - Dec. 5 -
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Number of people caught in 60% ‘tax trap’ up 45% in two years
Rise for taxpayers earning more than £100,000 blamed on frozen thresholds and wage inflationFinancial Times - Dec. 5 -
Trump’s populist 'mandate' could disrupt business tax reform wish list
Congress, and the GOP, has changed since then-President Trump and Republicans crafted the 2017 Tax Cuts and Jobs Act. And while Speaker Mike Johnson (R-La.) and GOP leadership are gunning to get a ...The Hill - Dec. 5 -
Top Republicans collide on strategy for Trump tax agenda
House and Senate Republicans are clashing over how to advance President-elect Trump's tax agenda after incoming Senate Majority Leader John Thune (R-S.D.) offered a plan that would put off tax ...The Hill - Dec. 5 -
Silver Jewelry Helps Chile’s Indigenous Guard Their Heritage
Skilled artisans among the Mapuche are creating pieces that reflect their worldview.The New York Times - Dec. 5 -
How Jensen Huang, CEO of Nvidia, Is Avoiding Billions in Taxes
The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in the federal estate and gift taxes, which have quietly been eviscerated.The New York Times - Dec. 5 -
On Trump tax cuts, energy and immigration plans, clash emerges between House, Senate GOP leaders
Jason Smith, Chair of House Ways and Means, tells CNBC that his voting majority will be extremely slim for passing President-elect Trump's tax cut promises.CNBC - Dec. 5 -
Ireland urged to set aside more of its corporate tax windfall
Country’s independent fiscal watchdog calls for Norwegian-style approach to saving surplus cashFinancial Times - Dec. 5 -
What happens if Trump ends the electric vehicle tax credit?
President-elect Donald Trump has signaled he wants to end the $7,500 tax credit for electric vehicle buyers. Albert Gore III, executive director of the Zero Emission Transportation Association, ...CBS News - Dec. 4 -
My friend declared bankruptcy. Can creditors still go after him for child support, back taxes and student debt?
“Most of those old debts are credit-card debts.”MarketWatch - Dec. 4 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
You could score a tax break by gifting crypto to charity — but there may be some pitfalls
There's been a surge of crypto donations to charity. Here's what to know before transferring digital currency.CNBC - Dec. 4 -
Judge in Hunter Biden tax case calls president's pardon statement an attempt to 'rewrite history'
The judge who presided over the California tax fraud case against Hunter Biden called out the president for mischaracterizing and minimizing the charges against his son in announcing why he was ...NBC News - Dec. 4 -
Scammer helped speeding drivers dodge penalty points
Khuram Yaqoob raked in thousands of pounds as he gave the authorities fictitious names.BBC News - Dec. 4 -
Deutsche Bank chief calls for relief on regulation and ‘rethink’ on tax
Call comes amid discontent with Germany’s ruling coalition ahead of snap election in FebruaryFinancial Times - 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 -
Will my loved ones have to pay tax on my pension when I die?
I’m worried about the new rules that mean my pension is subject to inheritance taxFinancial Times - Dec. 4 -
Judge in Hunter Biden's tax case accepts pardon despite calling it 'unconstitutional'
Two days after President Biden issued a blanket pardon to his son Hunter Biden, the younger Biden's federal gun case has been terminated by the judge overseeing the case.ABC News - Dec. 3 -
Judge in Hunter Biden tax case rebukes president’s claims of unfair treatment
The federal judge overseeing Hunter Biden’s tax case issued a sharp rebuke of President Biden’s claims his son was unfairly prosecuted in new court filings Tuesday night. U.S. District Judge Mark ...The Hill - Dec. 4 -
Thune lays out plan for separate border and tax reconciliation bills
Incoming Senate Majority Leader John Thune (R-S.D.) laid out an ambitious plan at the Senate Republican retreat Tuesday for Congress to move first next year on a budget reconciliation package that ...The Hill - Dec. 3 -
Hospital group launches ad campaign for disaster relief tax credits
A major hospital trade group launched a six-figure ad campaign this week calling on Congress to extend disaster relief tax credits that the group says will help facilities recover from hurricanes ...The Hill - Dec. 3 -
Mega Millions jackpot hits $541M: What's the tax bill?
Someone could become a millionaire Tuesday night.The Hill - Dec. 3 -
7 tips from a tax influencer as she approaches retirement at 70
Phyllis Jo Kubey is still on a continuing education journey as retirement loomsMarketWatch - Dec. 3 -
George Osborne is a walking ad for a wealth tax. Labour should target the inheritocracy | Polly Toynbee
‘Tax wealth, not work’ would be a powerful message for Starmer and Reeves – are they bold enough to pursue it?. Now he’s retired from casting millions of people into poverty, George Osborne has ...The Guardian - Dec. 3 -
Trump’s tax plans: Housing credits ‘in play,’ and there’s buzz over a short extension for expiring cuts
One veteran analyst is predicting that housing tax credits will get included in the GOP’s big tax package next year. Separately, some GOP lawmakers reportedly have talked about using the package to ...MarketWatch - Dec. 3 -
Special counsel objects to dismissing Hunter Biden tax case after pardon
Special counsel David Weiss rejected suggestions that he selectively prosecuted Hunter Biden in court filings where he also objected to dismissing charges following a sweeping pardon. President ...The Hill - Dec. 2