Latest in Profit Tax
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Tax tips for remote workers
If you're still working from home, you might be looking into some home office deductions as you prepare your taxes. Money and personal finance reporter Medora Lee joined CBS News to discuss those ...CBS News - 1d -
BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources and a bigger investment in oil and natural gas production.The New York Times - Feb. 11 -
Increase Profit Through the Psychology of New Beginnings
Embrace the fresh start effect to grow your business in 2025.Inc. - 3d -
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 - Feb. 11 -
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 -
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 - Feb. 8 -
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 - Feb. 11 -
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 - Feb. 11 -
Does bankruptcy clear tax debt?
Clearing your IRS tax debt by filing for bankruptcy may not be as simple as you think.CBS News - Feb. 12 -
Mixed-Use Vehicles And Your Taxes
For vehicles that are used for both business and personal reasons, it’s important to have the details right.Inc. - 3d -
Tax season: How to file for free
Here are some options to file your taxes for free in 2025 before the April 15 deadline.The Hill - 2d -
What are the requirements for IRS tax forgiveness?
The IRS could forgive a portion of your tax debt, but only if you meet certain requirements. Here's what they are.CBS News - 3h -
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 - Feb. 9 -
Hundreds of tractors block Westminster in inheritance tax protest
Farmers from across the UK protesting in London against changes to inheritance tax.BBC News - Feb. 10 -
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 - Feb. 11 -
Don’t let the loophole lobby decide the tax debate
Republicans took one step forward during the 2017 reforms, and this is their chance to avoid taking two steps back.The Hill - 5d -
5 Ways to Make Tax Season Easier
Avoid common tax season pitfalls with these expert strategies to streamline communication, stay organized, and stress less.Inc. - 4d -
Prominent Cryptocurrency Investor Faces Senate Tax Inquiry
The Finance Committee’s top Democrat sent a letter last month to Dan Morehead, the founder of Pantera Capital, about the investigation.The New York Times - 4d -
Prominent Cryptocurrency Investor Faces Senate Tax Inquiry
The Finance Committee’s top Democrat sent a letter last month to Dan Morehead, the founder of Pantera Capital, about the investigation.The New York Times - 4d -
HMRC ditches crackdown on private equity tax
UK tax authority rows back on changes to whether limited liability partners can be seen as employeesFinancial Times - 1d -
Labour will have to ditch tax pledges sooner or later
Spending cuts to fund increased defence spending will not impress UK voters and something will have to giveFinancial Times - 1d -
UK Treasury rejects farmers’ inheritance tax compromise
Government will not back down on reforms outlined in Budget, industry told during meeting with officialsFinancial Times - 1d -
Nvidia Supplier SK Hynix Posts Record Profit on AI Boom
The South Korean memory-chip maker reported record quarterly and annual results after stronger-than-expected earnings for the final quarter of 2024 on robust chip demand.The Wall Street Journal - Jan. 22 -
Amazon Reports 88% Rise in Profits but Says Growth Could Slow
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.The New York Times - Feb. 6 -
Singapore’s DBS reports record profits as long-serving chief bows out
City-state’s biggest lender buoyed by strong commercial and wealth management performancesFinancial Times - Feb. 10 -
Rockwell Automation crushes profit estimates but says customers are still cautious
Rockwell’s numbers eased investor concerns after the company missed sales estimates in three of the last six quarters.MarketWatch - Feb. 10 -
We're adding to our position in a sliding stock and booking profits in a 2025 winner
We're making a pair of trades Monday as Wall Street rallies to kick off the week.CNBC - Feb. 10 -
BP set to scale back green investments as profits drop sharply
The oil giant is widely expected to say it will scale back on renewables later this month.BBC News - Feb. 11 -
UniCredit posts record profit as Orcel ups dealmaking stakes
Italian lender says its holding in insurer Generali is now above 5%Financial Times - Feb. 11 -
Snap’s increased AI spending may push profits even further out
Guggenheim downgraded Snap’s stock, warning that increased AI investments could defer operating profits until 2027.MarketWatch - Feb. 11 -
India’s online brokers brace for profits hit after regulatory clampdown
Intervention to calm frenzied derivatives trading has brought down volumes by 70%Financial Times - Feb. 12 -
Tycoon profited after India relaxed border security rules for energy park
Exclusive: Military experts raise concerns over change to protocols on Pakistan border to allow project that was handed to billionaire Gautam Adani. The Indian government relaxed national security ...The Guardian - Feb. 12 -
We're trimming a stock on a 17-session winning streak and booking big profits
You have to go all the way back to Jan. 16 to find its last down day.CNBC - Feb. 12 -
Kraft Heinz wraps up ‘challenging’ year with a profit warning as stock drops
The company said it’s “committed to making the necessary investments to drive top-line improvement, while remaining disciplined.”MarketWatch - Feb. 12 -
Honda's nine-month profit down year-on-year as it ends talks with Nissan
Japanese automaker Honda is reporting a 7% decline in profit for the nine months that ended in December as it terminated talks on business integration with NissanABC News - 6d -
Molson Coors’ focus on pushing premium brands leads to upbeat profit outlook
Molson Coors saw higher prices helping to offset continued volume declines.MarketWatch - 6d -
How Manchester United are making big profits and huge losses at the same time
Three months after club predicted an annual profit of up to £160m, more job losses are pending to tackle financial crisis. When Sir Jim Ratcliffe’s minority investment in Manchester United was ...The Guardian - 4d