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Murphy says tax records 'potentially compromised' by Musk
Sen. Chris Murphy (D-Conn.) said Americans’ tax records could be “potentially compromised” by Elon Musk and his Department of Government Efficiency (DOGE). Murphy joined CNN’s Jake Tapper on ...The Hill - 11h -
Millions yet to file tax returns as deadline looms
People risk a penalty, the HMRC has warned, without a reasonable excuse for delays.BBC News - 4d -
Roman Abramovich’s tax affairs must be investigated, MPs say
Cross-party group on tax calls for HMRC to act after Guardian investigation finds former Chelsea owner may owe up to £1bn. Roman Abramovich may owe HMRC £1bn, analysis shows Revealed: how ...The Guardian - 4d -
These child tax credit mistakes can halt your refund, experts say
It's easy to make child tax credit mistakes when filing your return. Here are common errors that could delay your refund.CNBC - 4d -
4 ways a tax relief service can reduce your tax bill
If you owe back taxes to the IRS, the right tax relief service could help reduce your bill. Here's how.CBS News - 5d -
Your tax return could be 'flagged for audit' without these key forms, experts say
Many taxpayers are eager to file returns quickly to collect a refund, but it’s important to gather the necessary tax forms first, experts say.NBC News - 5d -
Your tax return could be ‘flagged for audit’ without these key forms, experts say
Your tax return could trigger an IRS audit if you skip key tax forms, experts say. Here's a checklist of forms and when to expect them.CNBC - 5d -
Tax scams: What to watch for in 2025
Each year, scammers refine their tactics to trick taxpayers out of their money. Here's what to watch for this year.CBS News - 6d -
IRS starts new tax rule for digital income
A new rule being implemented for the 2024 tax year means revenue over $5,000 collected through platforms like PayPal or Venmo has to be reported. That includes payments for concert tickets, clothes ...CBS News - 6d -
Bans, Fees, Taxes. Can Anything Stop Overtourism?
Efforts to limit visitors in tourist hot spots have had mixed results, at best. Competing interests have a way of impeding attempts to stem the tide.The New York Times - 6d -
Abramovich dodged millions in tax with superyachts-for-hire scheme
Shell companies were used to charter the sanctioned oligarch’s yachts to himself, evading VAT, BBC reveals.BBC News - Jan. 28 -
Why the IRS may be coming to tax your cryptocurrency
This is how many crypto investors evade taxes.MarketWatch - Jan. 27 -
Here's how to get the 'fastest refund possible' as tax season opens, experts say
Tax season opens Monday. Here's how to get a faster tax refund this season, according to experts.CNBC - Jan. 27 -
3.4mn tax returns still to be filed as deadline looms
HMRC is taking a tougher line on fines, experts warnFinancial Times - Jan. 25 -
'Good luck with that': Democrats dubious of working with Trump on taxes
Democrats are sounding highly dubious about working with Republicans on tax reform after President Trump said Thursday he’s interested in a bipartisan approach to one of the top Republican ...The Hill - Jan. 24 -
Edinburgh becomes first 'tourist tax' city in Scotland
A tourist tax designed to raise £50m annually will be introduced to Edinburgh from next year.BBC News - Jan. 24 -
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UK to soften tax rules for wealthy foreigners after millionaire exodus, Rachel Reeves says
The U.K. is to soften some planned changes to its controversial non-dom tax rule following concerns of a millionaire exodus, the Treasury has confirmed.CNBC - Jan. 24 -
‘Will I be caught in a 76% inheritance tax trap?’
The questions families are asking their advisers, following the IHT shake-upFinancial Times - Jan. 24 -
From tax lottery to tax credit: A better way to help disaster victims
As natural disasters leave many Americans facing economic hardship, the tax code's casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty tax ...The Hill - Jan. 23 -
Reeves to soften UK non-dom tax reforms
Chancellor tells Davos crowd that government had been ‘listening to concerns’Financial Times - Jan. 23 -
How is gold taxed?
Gold investments fall into several tax categories, experts say. Here's what to know this tax season.CBS News - Jan. 23 -
Trump’s assault on the global corporate tax regime
President threatens retaliation against ‘discriminatory’ levies on US multinationalsFinancial Times - Jan. 22 -
A 'National Tragedy' in India: Popcorn Is Taxed Three Ways
Critics say the multiplicity of tax rates on the humble snack is emblematic of why India remains a difficult place to do business.The Wall Street Journal - Jan. 22 -
This free tax filing option is 'fast and simple,' IRS says. Here's who can use it
Roughly 70% of taxpayers are eligible for IRS Free File. Here's how to know if you qualify.CNBC - Jan. 21 -
Council urged to scrap 'rat tax'
A councillor has put forward an amendment to a recent review of pest control charges.BBC News - Jan. 21 -
Tax breaks are becoming more generous for natural-disaster victims — just in time for Los Angeles wildfire victims, experts say
A longtime effort to make tax breaks more generous for victims of natural disasters is finally coming to fruition just as wildfire victims are staring at billions of dollars of devastation around ...MarketWatch - Jan. 18 -
Senate GOP spikes House tax plans
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP rejects House conservative tax pitch Senate Republicans are tossing ...The Hill - Jan. 17 -
What Did Trump’s Tax Cuts Do?
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.The New York Times - Jan. 17 -
How to Pay Your Taxes Online
Paying US federal and state taxes online can be confusing, and one wrong move can result in penalties or extra money owed. We break it down so you can have the most worry-free tax filing possible.Wired - Jan. 14 -
Trump’s return raises prospect of global tax war
Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffsFinancial Times - Jan. 12 -
Here’s when you can file your 2024 taxes — and what’s new this year with refunds, tax laws and free tax prep
Income-tax refunds averaged more than $3,100 last year. How much will they be this year?MarketWatch - Jan. 11 -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - Jan. 10 -
IRS announces the start of the 2025 tax season
The 2025 tax season will begin on Jan. 27 for individual taxpayers. Here are some options to file your 2024 taxes for free.CNBC - Jan. 10 -
Reeves faces 'difficult decisions' on tax and spending
The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.BBC News - Jan. 10 -
Does the IRS ever forgive back taxes?
The IRS may be known for taking a hard stance on tax debt repayment, but that isn't always the case.CBS News - Jan. 9 -
Canadiens Players Hit Hardest By Taxes
The Hockey News had a tax expert produce tax returns for player earning $3 million USD in all 32 markets and the data shows the Canadiens' player really are hit the hardest by taxes.Yahoo Sports - Jan. 9 -
Tax lessons for governments from Henry George
The 19th-century political economist understood that the whole of society should benefit from outsized profitsFinancial Times - Jan. 9 -
Tax refund delays still plague millions of Americans, report says
Millions of taxpayers continue to struggle with delays in refunds from the IRS, a new tax advocate report says.CBS News - Jan. 8 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6