Latest in Local Tax Deduction
Sort by
81 items
-
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 - 12h -
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 - 2d -
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 - 1d -
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 - 2d -
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 - 1d -
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 - 4d -
'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 - 4d -
$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 - 1d -
'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 - 1d -
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 - 1d -
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 - 11h -
Local businesses grapple with Trump's tariffs as G7 envoys meet in Canada
DRUMMONDVILLE, Quebec — 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 - 11h -
'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 - 1d -
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 - 4d -
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 - 19h -
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 - 2d -
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 - 3d -
Americans are using this strategy to save money on home insurance. Is it a good idea?
Homeowners frustrated with rising homeowners-insurance premiums are switching plans and opting for higher deductibles to manage their costs.MarketWatch - 1d -
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 - 4d -
Businesses bemoan Indian ‘tax terrorism’ and red tape
Officials vow to cut bureaucracy and fiscal burden amid fears they could hurt investmentFinancial Times - 4d -
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 - 3d -
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 - 1d -
Trouble is brewing for local beer companies as Trump slaps tariffs on aluminum
The math is tight for Thom Cheston.NBC News - 13h -
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 - 1d -
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 - 16h -
‘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 - 10h -
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 - 3d -
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 - 2d -
'You cannot erase history': Locals react to demolishing of Black Lives Matter plaza in Washington DC
"You can dig up concrete but you cannot erase history," said one resident of the capital.BBC News - 1d -
Reeves delays plan to reform cash Isas until after Spring Statement
City executives have urged chancellor to lower cap on tax-free savingsFinancial Times - 19h -
Beware America’s fake fiscal conservatives
Republicans are indulging in budgetary chicanery in order to preserve Trump’s tax cutsFinancial Times - 3h -
Saudi Arabia lifted a ban on cinemas. Now it just needs people to turn up
Local box office has struggled since movie ban was lifted in 2018Financial Times - 4d -
Million-dollar wage earners have already stopped paying into Social Security for 2025
In 2025, Social Security payroll taxes apply to wages up to $176,100. Workers with $1 million in annual wages have already stopped paying those taxes for the year.CNBC - 5d -
It’s ‘Maganomics’: Trump’s brash economic strategy is likely to end in crash or crisis | Jonathan Portes
Large tax cuts for the rich, import tariffs, and the competing interests of Republican nationalists and the techno-right is a dangerous combination. What connects Donald Trump’s approach to trade, ...The Guardian - 19h -
These accounts can be the 'worst possible asset’ for retirement, expert says. Here's why
Many investors don't plan for future taxes when contributing to traditional IRAs. Here are the key things to know.CNBC - 4d -
You can still claim a $1,400 stimulus check from the IRS—how to know if you qualify
You might be entitled to $1,400 in stimulus check money, but you'll have to file a 2021 tax return to claim it.CNBC - 3d