Latest in Says Tax Spend
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The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know
The state and local tax deduction could change in 2025 as lawmakers debate Trump's tax cuts. Here's what to know.CNBC - Mar. 12 -
These accounts can be the 'worst possible asset’ for retirement, expert says. Here's why
Many investors don't plan for future taxes when contributing to traditional IRAs. Here are the key things to know.CNBC - Mar. 8 -
Schumer says he will vote to advance GOP spending bill, lowering threat of shutdown
Senate Democratic Leader Chuck Schumer (N.Y.) announced on the Senate floor Thursday that he plans to vote to advance a House-passed six-month government funding bill, despite the strong opposition ...The Hill - Mar. 13 -
‘Good chance’ Reeves will have to raise taxes in autumn budget, thinktank says – UK politics live
Institute for Fiscal Studies also warns Reeves over her focus on sticking with fiscal rules regardless of real world events. In an interview with ITV’s Good Morning Britain, Rachel Reeves , the ...The Guardian - 15h -
Spain’s Sánchez calls for cyber and climate to count as defence spending
Prime Minister says ‘our threat is not Russia bringing its troops across the Pyrenees’Financial Times - Mar. 13 -
Europe’s defence spending spree risks debt crisis, warns Dutch politician
Pieter Omtzigt says EU’s €800bn military build-up could push up debt and interest ratesFinancial Times - Mar. 18 -
Accenture warns Musk’s Doge-led spending crackdown is hitting revenues
Consulting group says US government purchases have slowed and global economic uncertainty has risenFinancial Times - Mar. 20 -
Treasury Secretary Bessent says a 'detox' period for the economy does not have to be a recession
The Trump administration is aiming for a "smooth transition" as it looks for ways to cut government spending.CNBC - Mar. 13 -
Ways to spend — and save — as interest rates stay high and tariffs mount
Consumers should brace for borrowing costs to stay elevated, prices to rise and stock markets to remain on edge for at least a little longer, analysts say.NBC News - Mar. 20 -
Trump says he considering cutting back on Canada tariffs as stock markets bounce
President Trump says he is considering reducing the new tariffs he announced on Canada's steel and aluminum as a response to Ontario's tax on electricity to the U.S. This comes as the stock markets ...CBS News - Mar. 11 -
End of an era for Canada-US ties, says Carney, as allies worldwide decry Trump’s car tariffs
Canadian PM says Donald Trump has permanently altered relations, as countries around the globe insist import taxes are harmful to all, including Washington. Canada’s prime minister has said the era ...The Guardian - 3h -
Tariffs to add as much as $10,000 to the cost of the average new home, trade association says
"The tariffs act as a tax on American builders, home buyers and consumers," the National Association of Home Builders said.CNBC - Mar. 13 -
Six things that could get more expensive for Americans
Economists say the president's import taxes could result in higher prices for a range of products in the US.BBC News - Mar. 12 -
Trump threatens 200% tariff on alcohol from EU
Wine and spirits will be taxed, Trump says, if the EU does not remove tariffs on US whiskey.BBC News - Mar. 13 -
Six things that could get more expensive for Americans under Trump tariffs
Economists say the president's import taxes could result in higher prices for a range of products in the US.BBC News - 15h -
Six things that could get more expensive for Americans under Trump tariffs
Economists say the president's import taxes could result in higher prices for a range of products in the US.BBC News - 15h -
Schumer to vote for GOP spending bill amid Democratic divisions
Senate Minority Leader Chuck Schumer says that he is ready to advance Republicans’ funding bill to avert a government shutdown. It marks a major reversal from two days ago and the strategy is ...NBC News - Mar. 14 -
‘I will spend my life rebuilding’: Gaza’s heritage sites destroyed by war
Palestinian experts and British archaeologists say more than two-thirds of heritage, cultural and archaeological sites in Gaza have been damaged. Hamouda al-Dahda stands in the ruins of Pasha ...The Guardian - Mar. 17 -
Spring statement: Reeves blames ‘global uncertainty’ for deeper spending cuts
Chancellor says tougher measures required to plug fiscal hole after Treasury watchdog halves 2025 growth forecast. Spring statement: key points Analysis: Reeves does reasonable job of ...The Guardian - 1d -
Protecting yourself from tax identity theft
Karla Dennis is an enrolled tax agent with KDA Incorporated, a tax strategy business. She joined CBS News to discuss how to protect yourself from someone stealing your identity and filing a tax ...CBS News - Mar. 11 -
IRS close to finalizing data-sharing agreement with ICE, sources say
The IRS is nearing an agreement with ICE that would allow immigration officials to use tax data for deportations, two sources familiar with the matter told ABC News.ABC News - 5d -
GOP rallies behind debt limit hike in Trump tax bill, speedy timeline
Top Republican lawmakers emerged from a meeting at the Treasury Department on Tuesday saying the House and Senate are moving closer together on key aspects of how to unlock President Trump’s ...The Hill - 2d -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - Mar. 10 -
More NOAA cuts, 1,000 layoffs expected, sources say
National Oceanic and Atmospheric Administration (NOAA) employees are expecting more layoffs at the agency, sources say. This comes after drastic cuts as part of President Trump's measures to shrink ...CBS News - Mar. 10 -
How the Tax Bill Could Impact Your Wallet
Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security income.The New York Times - Mar. 10 -
How to calculate your Social Security tax obligations
Wondering what you'll pay in taxes on your Social Security benefits? Here's how to do the math.CBS News - Mar. 11 -
The Papers: 'Starmer threatens Putin' and 'council tax soars'
Friday's front pages cover proposals for a Ukraine military deployment and council tax rises.BBC News - 6d -
Should Brits brace for tax rises in the Autumn Budget?
No tax changes in the Spring Statement, but if the search for growth proves fruitless they’ll soon be back on the agendaFinancial Times - 1d -
How the IRS can crack down on ghost tax return preparers
Indeed, thousands of tax return preparers systematically subvert the tax return filing process, rob the Treasury of revenue and undermine taxpayers’ faith in the system.The Hill - Mar. 8 -
The looming budget question: Will Medicaid cuts fund tax cuts?
Republicans should focus tax cuts on middle-income and lower-income households that would provide greater support to the economy than tax cuts for the wealthy.The Hill - Mar. 14 -
How to avoid identity theft during tax season
Nearly two-thirds of people worry scammers will steal their personal information to file a fraudulent tax return, according to an Allstate Insurance survey.The Hill - 3d -
German defence splurge could revive Italy’s manufacturers, says minister
Adolfo Urso praises Berlin’s decision to slash ‘two taboos in one fell swoop’ — on debt and on military spendingFinancial Times - 4d -
Bills QB Josh Allen says he wants to spend his entire career in Buffalo: 'This is home to me'
Fresh off an MVP season and a record-setting extension, Allen said that he'll 'hopefully' stay with the Bills until he retires.Yahoo Sports - Mar. 12 -
Lululemon shares drop more than 10% as CEO says inflation, economic concerns are weighing on spending
Lululemon beat on earnings but disappointed with its 2025 guidance in its fourth-quarter earnings report.CNBC - 7h -
Lululemon shares drop more than 10% as CEO says inflation, economic concerns are weighing on spending
Lululemon beat on earnings but disappointed with its 2025 guidance in its fourth-quarter earnings report.CNBC - 7h -
Cash in at Tax Time: Here Are the Small Business Tax Benefits of Financing and Leasing Equipment
Whether you finance or lease business equipment and vehicles, there are clear tax benefits unique to both. Here’s what you need to know.Inc. - Mar. 18 -
Who Likes Tariffs? Some U.S. Industries Are Eager for Them.
Concern about the cost of materials has tempered business enthusiasm about taxing imports. But steel and aluminum makers say they welcome the help.The New York Times - Mar. 10 -
There can be a 'survivor's penalty' after a spouse dies — here’s how to avoid it
After your spouse dies, you could face a surprise higher tax bill, financial experts say. But it's possible to prepare with advanced planning.CNBC - Mar. 18 -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - Mar. 11
