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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 - 1d -
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 - 11h -
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 - 2d -
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 - 3d -
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 - 3d -
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 - 2d -
'We don't need a Gail's' - the coffee shop boom dividing locals
The controversial cafe chain is expanding outside London but locals often have mixed feelings.BBC News - 5d -
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 - 5d -
USDA halts more than $1B in funding for local food banks, schools
The U.S. Department of Agriculture (USDA) says it has nixed more than $1 billion in funding for local food banks and schools by terminating two programs that aid state, tribal and territorial ...The Hill - 2d -
$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 - 2d -
'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 - 2d -
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 - 11h -
Local businesses grapple with Trump's tariffs as G7 envoys meet in Canada
DRUMMONDVILLE, Canada — Fury over President Donald Trump’s steel and aluminum tariffs is fueling growing anxiety across Canada — especially in this working-class Quebec city where some 18% of local ...NBC News - 1d -
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 - 13h -
Two men arrested in India over alleged rape of Israeli and local woman
The two women were said to have been stargazing with three male travellers when the incident took place. Two men have been arrested in India in connection with the alleged rape of an Israeli and a ...The Guardian - 5d -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
As the IRS faces mass layoffs, Congressional Democrats warn those staffing cuts could undermine the agency’s progress in collecting unpaid funds from “wealthy tax dodgers.”NBC News - 2d -
Should I pay off my tax debt before my credit card debt? Experts weigh in
Focusing on tax debt first can be a smart move, experts say, but that won't be the case for everyone.CBS News - 1d -
21 House Republicans ask leadership to limit changes to energy tax credits in reconciliation
A group of 21 House Republicans is asking a key committee to limit changes to energy tax credits passed under Democrats as the GOP seeks to overhaul the U.S. tax code. In a new letter dated ...The Hill - 3d -
Dr. Mehmet Oz may have underpaid Medicare and Social Security taxes, Senate Democratic memo finds
Dr. Mehmet Oz, President Donald Trump’s nominee to oversee the Center for Medicare and Medicare Services, may have “significantly” underpaid Medicare and Social Security taxes.NBC News - 11h -
Schiff on transgender athletes: Confident that 'local communities' can 'make decisions' to ensure sports 'safe,' 'fair'
Sen. Adam Schiff (D-Calif.) said Sunday he’s confident local communities can make their own decisions about whether to let trans athletes participate in women’s sports in a way that is “safe” and ...The Hill - 4d -
Congress poised to force $1B cut to local DC budget, surprising many lawmakers
Congress is poised to pass a President Trump-endorsed funding bill this week that D.C. officials warn would lead to a $1 billion cut to the district’s local budget, a move that has been catching ...The Hill - 6h -
Trump says Democrats would be to blame for shutdown, suggests it could delay tax cuts
President Trump said Thursday that Democrats would be to blame if government funding runs out this week and suggested a shutdown could delay GOP efforts to extend expiring tax cuts. "They do a ...The Hill - 10h -
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 - 5d -
Businesses bemoan Indian ‘tax terrorism’ and red tape
Officials vow to cut bureaucracy and fiscal burden amid fears they could hurt investmentFinancial Times - 5d -
Flights briefly disrupted in oil-rich Kuwait, local media say
Flights to the small, oil-rich country of Kuwait were briefly disrupted under unclear circumstancesABC News - 5d -
Joan Dye Gussow, Pioneer of Eating Locally, Is Dead at 96
An indefatigable gardener, she was one of the first nutritionists to emphasize the connections between farming practices and consumers’ health.The New York Times - 4d -
USDA cancels $1 billion in local meal funding for schools and food banks
The USDA said it is promoting wiser government spending, but schools say it will make it tougher to serve healthy meals.CBS News - 2d -
Balance of power: Loch Ness hydro storage schemes fuel local anxiety
As energy firms race to meet challenges of storing power, critics worry about fluctuations in the depth of the loch. Brian Shaw stood at the edge of Loch Ness and pointed to a band of glistening ...The Guardian - 1d -
Trouble is brewing for local beer companies as Trump slaps tariffs on aluminum
The math is tight for Thom Cheston.NBC News - 1d -
Threshold for filing ‘side hustle’ tax return to rise to £3,000 in UK
Cash earnings to increase from current level of £1,000 in boost to people who sell goods onlineFinancial Times - 2d -
Gavin Newsom’s Podcast Hosts Steve Bannon, Covering Musk, Trump and Taxes
The California governor hosted one of the architects of President Trump’s political movement on his new podcast, and their friendly sparring revealed a few points of agreement.The New York Times - 1d -
‘Be careful about this’: Warnings abound as GOP considers writing off tax cuts
Republicans will discuss the accounting maneuver with President Donald Trump on Thursday.Politico - 1d -
‘A horrible situation’: the entrepreneurs caught in R&D tax credit debacle
Small businesses owners have been targeted in HMRC crackdownFinancial Times - 42m -
Tariffs could deal a blow to Chinatowns that have no choice but to import cultural goods, locals say
In Chinatowns across the country, people worry about the potential damage to business, loss of cultural traditions and the already high rates of poverty in these immigrant communities.NBC News - 4d -
One person in hospital but all crew accounted for after North Sea ships collide, says local MP – live
Graham Stuart says other 36 mariners across both crews are ‘safe and accounted for’. Full story: UK coastguard scrambled after ship collision Transport secretary Heidi Alexander has expressed ...The Guardian - 3d