Latest in Paying Income Taxes
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Thinking of making a statement by not paying your income taxes? This is what that could cost you.
The penalties and fees add up for tax protesters, with little impact to show for it.MarketWatch - 54m -
Recording artists want Congress to force radio stations to pay them for their songs
The American Music Fairness Act would ensure performers, not just songwriters, get paid when an AM/FM radio station plays their music.NBC News - 2h -
Illinois County to Pay $10 Million After Fatal Shooting of Black Woman
A Sangamon County deputy fatally shot Sonya Massey, 36, last year, after she called to report a prowler outside her home in Springfield, Ill. The former deputy has been charged with murder.The New York Times - 15h -
Dept. of Ed: Title IX does not apply to athlete pay
Title IX does not apply to name, image and likeness deals, the U.S. Department of Education said Wednesday, rescinding the Biden administration's guidance that schools must equitably distribute ...ESPN - 18h -
Does bankruptcy clear tax debt?
Clearing your IRS tax debt by filing for bankruptcy may not be as simple as you think.CBS News - 19h -
Will I avoid the Social Security earnings limit by putting 85% of my income into my 401(k)?
“If I apply for Social Security will the money that I put into my 401(k) count towards my gross income?”MarketWatch - 22h -
Waste to pay officers we can't sack, says Met chief
Millions could be spent paying officers on leave after losing their vetting status, Sir Mark Rowley says.BBC News - 1d -
Trump Wants Sheriffs to Aid Deportation Efforts, but Who Would Pay?
The Trump administration is counting on the nation’s sheriffs to assist in enforcing its immigration policies, but holding undocumented immigrants in local jails comes with a price tag.The New York Times - 1d -
HMRC ‘vastly underestimating’ UK tax evasion, MPs say
Cross-party committee warns agency is not ‘sufficiently curious’ about scale of illegal practiceFinancial Times - 1d -
Home office deduction: Here's who qualifies and how to claim it on your taxes
The home office deduction could provide a tax break on your 2024 return. Here's who qualifies and how to claim it.CNBC - 1d -
Reeves faces cutting spending or raising taxes as UK growth disappoints
Chancellor’s fiscal headroom has been wiped out, according to preliminary forecasts by watchdogFinancial Times - 1d -
Disney cuts diversity category from executive pay scheme
Entertainment group faced allegations from conservative politicians that it pushed ‘woke’ agendaFinancial Times - 1d -
Home equity loan tax deductions: What to remember this tax season
A home equity loan has important tax benefits that users should remember this filing season. Here's what to know.CBS News - 1d -
How do tax extensions work?
It's important to understand what a tax extension does and doesn't do or you could end up making costly mistakes.CBS News - 1d -
Super Bowl overreactions vs. reality: Jalen Hurts gets another one? Rematch incoming? Chiefs dynasty over?
Lets dig into some broader topics after Philadelphia's Super Bowl routCBS Sports - 1d -
New brackets, deductions and credits for taxes
It's tax filing time and if you're working on your 2024 return then you might be seeing changes with brackets, rates and other parts of the tax code. CBS News business analyst Jill Schlesinger has ...CBS News - 1d -
Trump's taunting of Canada will pay dividends: Bill O'Reilly
“Those of use who live in the real world — not the ideological, crazy world — we know it’s just hyperbole."The Hill - 2d -
Why Trump and Google Are Paying Employees to Quit—and What It Means for Your Business
The tens of thousands of workers who’ve left their jobs under government pressure or because of large corporate layoffs represent a wealth of expertise that can benefit your company.Inc. - 2d -
There will be no exemptions to new tax on metals, says Trump
The move threatens to have a big impact in Canada, a major source of the metals in the US.BBC News - 2d -
Trump expresses confidence Democrats will help extend tax cuts
President Trump expressed confidence that Democrats will help Republicans extend his 2017-era tax cuts, despite the minority party showing no interest in helping with the president’s agenda. The ...The Hill - 2d -
How long does the IRS give you to pay your taxes?
If you think you'll owe money to the IRS for last year's taxes, here's how long you have to pay what's owed.CBS News - 2d -
House Republicans could raise student loan bills to pay for Trump's tax cuts
As House Republicans look for ways to slash spending to fund President Donald Trump’s tax cuts, they’ve floated proposals that could raise federal student loan bills for millions of borrowers.NBC News - 2d -
To pay for Trump's tax cuts, House Republicans could raise student loan bills for millions of borrowers
As House Republicans look for ways to cut spending to fund President Trump's tax cuts, they've floated plans that may raise student loan bills for millions.CNBC - 2d -
Tax season 2025: All the deadlines taxpayers should know
Taxpayers should be aware of the deadlines for this year's tax season to avoid extra fees and penalties.CBS News - 2d -
Hundreds of tractors block Westminster in inheritance tax protest
Farmers from across the UK protesting in London against changes to inheritance tax.BBC News - 2d -
Yes, income from your winning Super Bowl wager on the Eagles is taxable. So were winning bets on the election in November.
Prediction-market winnings are taxable income, even if platforms don’t send a notice reporting the money to the recipient and the IRS.MarketWatch - 3d -
1 in 5 taxpayers are missing out on thousands with this tax credit
The IRS estimates one in five eligible taxpayers don't claim the earned income tax credit on their tax returns, missing out on thousands of dollars.The Hill - 3d -
Inside the House GOP clash over tax cuts
Hardliners are squaring off against their top tax writer as Republicans try to assemble a package President Donald Trump's priorities.Politico - 3d -
Poor customer service hitting trust in UK tax authority
Both individuals and most businesses have lost faith in HMRC, spending watchdog findsFinancial Times - 3d -
Typical homebuyers in Los Angeles, San Francisco and San Diego spend up to 78% of income on housing
In many major U.S. cities, the cost of owning a home is twice what financial planners recommend spending.CNBC - 3d -
Ransomware Attacks Climbed in 2024—but Some Companies Are Just Refusing to Pay Hackers
Businesses actually paid out less to hackers last year than the year before. Here’s how to protect your company.Inc. - 4d -
French court orders cop to pay woman who reported sexual assault
Activists said the case reflected how many police officers treated victims of sexual violence.CBS News - 4d -
How much should you pay to do your taxes? Maybe nothing — if you qualify for free tax prep.
Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free. The IRS also has two different free filing options equipped for these ...MarketWatch - 4d -
Graham's plan for Trump tax cuts
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Graham rolls out plan to tackle Trump agenda Senate Budget Committee Chair ...The Hill - 5d -
How to Pay Off Credit Card Debt
A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for reducing that debt, starting with looking at your spending habits.The New York Times - 5d -
Wall Street Prepares to Defend Carried Interest, a Favored Tax Break, Again
President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break that has survived time after time.The New York Times - 5d -
Tariff Uncertainty Taxes the Auto Industry
For some in the car industry, the uncertainty surrounding a US-border trade war is almost worse than the tariffs themselves. If the tariffs go through, the costs might get passed down to buyers.Wired - Feb. 6