Latest in New Tax Cut
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Waiting for a large new tax cut? GLWT
Behold, the messy sausage-making of US budgetsFinancial Times - 11h -
Businesses Are Betting on a Tax Cut Extension
The federal budget debate has big implications for the economy. Despite questions about the math, investors expect an extension of the 2017 tax cuts.The New York Times - Feb. 22 -
Companies are unprepared for new tax trade-off in 2025
As the Tax Cuts and Jobs Act is set to expire later this year, companies are preparing for potential trade wars and tariffs, and the White House is weighing a strategy that could include a tariff ...The Hill - Feb. 24 -
Will the expected IRS cuts delay my 2025 tax refund?
Tax accountants urge Americans to file early this year to avoid delays in getting your 2025 tax refund.CBS News - Feb. 21 -
President Trump should combine extending tax cuts with fixing Social Security
It would be good fiscal policy and probably good politicsMarketWatch - Feb. 23 -
Europe must cut electricity taxes, warn Iberdrola and EDP bosses
Energy company chiefs say EU must ‘urgently’ remove various taxes and simplify billsFinancial Times - Feb. 25 -
US House passes budget resolution to cut taxes and spending by trillions
Bill would lead to large increase in America’s deficit, independent analysts sayFinancial Times - 6d -
Why the Fed’s inflation fight could be a victim of Trump’s tariffs and tax cuts
Trump is moving fast and breaking things. That’s creating more chaos than progress.MarketWatch - 3h -
Slashing Medicaid to Pay for Trump’s Tax Cuts Could Lead to Vast State Shortfalls
Republicans have proposed lowering the federal share of costs for Medicaid expansions, which could reshape the program by gutting one of the Affordable Care Act’s major provisions.The New York Times - 6d -
Inside Republicans' budget plan that extends Trump tax cuts, potentially threatens Medicaid
After a lot of back-and-forth on Tuesday night, House Republicans were able to narrowly adopt a budget resolution that would advance President Trump's agenda. The proposal passed in a 217-215 vote. ...CBS News - 6d -
Republicans consider major budget change to obscure deficit impact of extending Trump's tax cuts
WASHINGTON — Republicans are considering a far-reaching change to the budget process that would obscure the deficit impact of extending President Donald Trump’s multitrillion-dollar tax cuts in ...NBC News - 4d -
Latest news on Trump's alarming EPA cuts remarks
The White House says President Trump mispoke when he alluded to deep staff cuts at the Environmental Protection Agency. This comes as a new budget plan passed in the House and fears remain about ...CBS News - 5d -
This New Drug Could Help End the HIV Epidemic—but US Funding Cuts Are Killing Its Rollout
Lenacapavir, a twice yearly injection that prevents HIV transmission, was named the breakthrough medicine of 2024. But without US foreign aid dollars, its delivery to millions worldwide is under ...Wired - Feb. 21 -
Lester Holt to exit NBC Nightly News as MSNBC cuts Ayman Mohyeldin’s show
Holt to step down as anchor as Katie Phang and Jonathan Capehart, whose shows also canceled, to remain at MSNBC. NBC’s Lester Holt is stepping down as anchor of its Nightly News show, and MSNBC’s ...The Guardian - Feb. 24 -
Most Americans in new survey support funding increases as Trump admin seeks cuts
Far more Americans support increasing federal funding in key areas than those who favor decreasing funding, according to a new survey, even as the Trump administration seeks sweeping cuts to ...The Hill - 2d -
Americans divided on Trump's effort to cut federal workforce, CBS News poll finds
According to new CBS News polling, most Americans believe President Trump is transforming the federal government, but they are divided on whether that's a good thing. CBS News executive director of ...CBS News - 1d -
When to hire a tax attorney
There are a number of instances in which hiring a tax attorney makes more sense than the alternatives.CBS News - Feb. 25 -
Australia news live: Tropical Cyclone Alfred updates – power cuts in NSW and Queensland as gale force winds and 10-metre waves hit coast
Thousands without electricity in Byron Bay region and in Queensland as waves top 10m in Tweed area. Follow today’s news live. Get our breaking news email , free app or daily news podcast ...The Guardian - 18m -
It’s time for Americans to withhold their taxes | Judith Levine
The point is not to deprive the government of funds. It’s to expose the regime’s criminality. Political power boils down to two things: votes and money. But when money buys presidents, senators and ...The Guardian - Feb. 20 -
Can you dispute your tax bill with the IRS?
Receiving an unexpected tax bill from the IRS doesn't mean you're automatically obligated to pay it.CBS News - Feb. 24 -
Technology is speeding up tax season, but not the audit process
Politicians on both sides of the political aisles should relish giving their constituents a much-deserved psychological rest after completing their tax-return filing duties.The Hill - Feb. 25 -
How much does tax relief cost (and is it worth it)?
If you owe money to the IRS, tax relief could be worth considering, but there are extra costs that come with it.CBS News - 6d -
5 obstacles facing the GOP tax agenda
The House voted Tuesday to pass a budget resolution that will act as the blueprint for the GOP’s domestic agenda, with the extension of President Trump's 2017 tax cuts at the center. While the bill ...The Hill - 5d -
Who can help me with IRS tax debt?
If you owe the IRS money for back taxes and need some extra help, there are a few different options to consider.CBS News - 8h -
Google agrees to pay Italy $340 million to settle a tax evasion investigation
Italian prosecutors say they are seeking to drop a tax evasion investigation against Google after the tech giant agreed to pay a 326 million euro ($340 million) settlementABC News - Feb. 19 -
Cruise stocks tumble after Commerce Secretary Lutnick signals tax crackdown
Royal Caribbean was the hardest hit.CNBC - Feb. 20 -
IRS layoffs underway around the country as millions prepare to file taxes
The IRS has begun laying off more than 6,000 new and newly promoted employees across the country as part of the push to slash the federal government, sources say.ABC News - Feb. 20 -
What does DOGE's IRS shake-up mean for tax season?
DOGE wants access to filers’ data, and the commerce secretary says Trump wants to scrap the IRS. But filing a return remains mandatory — the earlier the better, tax advisers say.NBC News - Feb. 20 -
What Do the Mass IRS Layoffs Mean for Your Business Tax Filings?
The IRS just laid off at least 6,000 employees, which could lead to slower processing times–or lax enforcement.Inc. - Feb. 21 -
I.R.S. Fires 6,700 Employees Amid Tax Filing Season
The layoffs at the Internal Revenue Service came alongside additional firings at the Transportation Security Administration and the C.I.A.The New York Times - Feb. 21 -
Did You Sell Concert Tickets or Clothes? You May Owe Taxes
If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore it, an expert says.The New York Times - Feb. 21 -
Don't wait to file your taxes this season, experts say. Here's why
Nearly one-third of Americans procrastinate filing their taxes. But here's why you shouldn't wait this season, experts say.CNBC - Feb. 21 -
5 options to consider if you owe $10,000 (or more) in taxes
If you're facing a large tax debt that you can't pay, there are a few possible solutions worth considering.CBS News - Feb. 21 -
Trump considers tariffs to counter digital services taxes on Big Tech
President orders probes into levies imposed by EU, UK and Turkey on US companiesFinancial Times - Feb. 22 -
The IRS is firing thousands of workers. Will it affect your tax refund?
With the IRS laying off thousands of employees Thursday, many Americans may be wondering if their tax returns – or their refunds – will be affected.The Hill - Feb. 22 -
