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Does bankruptcy clear tax debt?
Clearing your IRS tax debt by filing for bankruptcy may not be as simple as you think.CBS News - 1h -
Trump Tariffs on Steel and Aluminum May Raise U.S. Manufacturing Costs
Duties of 25 percent on steel and aluminum will flow through to car buyers, beer drinkers, home builders, oil drillers and other users of metal goods.The New York Times - 3h -
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Hydratac raises $3M for ‘extremely realistic’ shooter game
Hydratac, with just seven people working on a next-generation "extremely realistic" shooter game, has raised $3 million.VentureBeat - 1d -
Phynd raises $10M for subscription-free smart TV cloud gaming platform
Phynd raised $10 million for its subscription-free smart TV cloud gaming platform. It comes from a man with an interesting pedigree.VentureBeat - 1d -
Waterlily Raises $7 Million to Help Aging Americans Plan for Care
Most Americans are unprepared to cover long-term care. This startup’s AI model could change that.Inc. - 1d -
Israeli Hostages’ Accounts of Abuse Raise Alarms for Remaining Captives
Freed hostages have told of starvation, and relatives of others held in Gaza say officials have relayed accounts of torture.The New York Times - 1d -
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 - 2d -
Questions raised over Lord Mandelson’s work with Chinese ‘influence operation’
New ambassador to US and his consultancy firm under spotlight over links to agency said to have aim of co-opting western businesspeople. Peter Mandelson’s face appeared at the top of the screen. ...The Guardian - 12h -
Chinese cranes at U.S. ports raise homeland security concerns
A yearlong congressional investigation found that automated cranes built by ZPMC for U.S. ports could potentially be monitored by the Chinese government.CBS News - 17h -
Chinese cranes at U.S. ports raise national security concerns
Ship-to-shore cranes are essential to operations at U.S. ports, so a congressional investigation into their connection to a Chinese-owned company is sparking serious security concerns. Carter Evans ...CBS News - 18h -
HMRC ‘vastly underestimating’ UK tax evasion, MPs say
Cross-party committee warns agency is not ‘sufficiently curious’ about scale of illegal practiceFinancial Times - 18h -
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 - 20h -
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 - 23h -
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 - 23h -
UK interest rates are too restrictive
But uncertainty and a rise in near-term inflation warrants a cautious approach to cutsFinancial Times - 1d -
Strong Storm Expected to Soak Southern California, Raising Fears of Mudslides
It could be the biggest storm the area has seen so far this winter.The New York Times - 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 -
Thinking of not paying taxes? This is what it could cost you.
Penalties and fees could add up for tax protesters, for little impact.MarketWatch - 1d -
Israel's fatal shooting of a pregnant Palestinian woman raises fears in the West Bank
Palestinians say the fatal shooting of a pregnant 23-year-old in a refugee camp in the northern West Bank signals a worrying trend toward more lethal, warlike tactics by Israel in the occupied ...ABC News - 1d -
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 - 1d -
Former Treasury employee says DOGE access raises "real security questions"
Elon Musk's access to the Treasury's payment system is raising concerns about federal funding and personal data. Major Garrett speaks to a former Treasury employee about the role of the agency and ...CBS News - 1d -
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 - 1d -
Revelations of Israeli spyware abuse raise fears over possible use by Trump
After WhatsApp claimed 90 users were targeted last year, experts concerned over how US could use cyberweapons. Even as WhatsApp celebrated a major legal victory in December against NSO Group, the ...The Guardian - 1d -
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 - 1d -
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 -
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 - 2d -
New Zealand raises ‘concern’ as Cook Islands prepares to sign China deal
Deputy PM says New Zealand hasn’t been adequately consulted on an agreement the Cook Islands leader is expected to sign in Beijing this week. A diplomatic row has erupted between two tight-knit ...The Guardian - 2d -
Poor customer service hitting trust in UK tax authority
Both individuals and most businesses have lost faith in HMRC, spending watchdog findsFinancial Times - 2d -
GOP gains in voter registration raise red flags for Democrats
Republican gains in voter registration are raising red flags for Democrats in key states, underscoring the inroads the GOP made across the country in 2024. Active registered Republicans now ...The Hill - 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 -
The Papers: 'Trump wants UK tax cuts for tech giants' and 'hands off our ISAs'
A warning that axing ISAs could "trigger a mortgage crisis" is one of the stories on Saturday's fronts.BBC News - 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 - 4d -
Anduril in talks to raise money at $28 billion valuation as defense-tech booms
Anduril has signed a term sheet to raise up to $2.5 billion at a valuation of $28 billion, according to sources close to the company.CNBC - 4d -
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 -
Oscars flashback: Raising a glass to 'Sideways'
20 years ago, the adapted screenplay winner got the prize ahead of 'Before Sunset,' 'Million Dollar Baby,' 'Finding Neverland' and 'The Motorcycle Diaries.'Los Angeles Times - 6d -
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 - 6d