Latest in Slash Tax Bill
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Hawley pitches massive increase to child tax credit
Sen. Josh Hawley (R-Mo.) is proposing a huge expansion of the child tax credit (CTC), setting up a potential fight with budget hawks as GOP lawmakers work to hash out their priority tax bill. ...The Hill - 20h -
Council tax to rise to fund up to £330m for police
The Home Office says funding for forces in England and Wales will rise by 3.5% in 2025-26.BBC News - 22h -
Tax lobbyists worry border bill could derail reform efforts
Tax lobbyists are worried Congress could endanger highly anticipated tax reform if it uses the first reconciliation bill to shore up immigration and border security funding. Tax cuts enacted in ...The Hill - 1d -
There's still time to slash your 2024 tax bill with these last-minute moves
As year-end approaches, there’s still time to slash your 2024 tax bill or boost your refund, financial advisors say.NBC News - 1d -
There's still time to slash your 2024 tax bill with these last-minute moves
You still have time to lower your 2024 tax bill or boost your refund before January, according to financial advisors. Here's what investors need to know.CNBC - 1d -
Trump's tax plan is uncertain for 2025 — here are key lessons from his 2017 tax overhaul
Trillions in Trump's tax cuts will expire after 2025 without action from Congress. Here are key lessons from his 2017 tax overhaul.CNBC - 3d -
Freedom Caucus says taxes come second
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Freedom Caucus backs strategy for Trump The hardline conservative House Freedom ...The Hill - 4d -
Many Americans face tax increases in 2026 if tax cuts are not passed
Many Americans will face a tax increase in 2026 if the 2017 tax cuts are not extended, according to a new analysis by the Tax Foundation. Richard Rubin, a U.S. tax policy reporter for the Wall ...CBS News - 4d -
Texas bill would allow bitcoin to be used for taxes, donations
Texas is among 10 states considering legislation about the expanded use of cryptocurrency by its residentsThe Hill - 4d -
Middle and higher earners face increasing tax burden
Budget measures combine with legacy ones to raise tax billsFinancial Times - 4d -
New LLM optimization technique slashes memory costs up to 75%
Universal Transformer Memory uses neural networks to determine which tokens in the LLM's context window are useful or redundant.VentureBeat - 4d -
Bundesbank slashes growth forecast and sounds alarm over trade war
Europe’s largest economy could be pushed into recession by Trump tariffs, central bank warnsFinancial Times - 5d -
Trump says slashing grocery prices will be 'very hard'
President-elect Trump said it will be “very hard” to lower grocery prices now that they have risen, but he predicted they will come down. In a wide-ranging interview with Time magazine, Trump ...The Hill - 5d -
Treasury expands language for IRA biogas tax credit
The Treasury Department’s rule for implementing the Inflation Reduction Act’s (IRA) renewable energy tax credits will incorporate new language that will provide greater benefits for operations that ...The Hill - 5d -
AI Can Now Help You Lower Your Tax Bill. Here’s How
A number of investment firms, including Vanguard, Schwab, and Fidelity, now offer automated tax optimization tools that can reduce your tax bill.Inc. - 6d -
Australia to introduce ‘news tax’ on tech companies
Move is designed to close loophole after Meta walked away from existing deal to use media contentFinancial Times - 6d -
Thune expects tax package by summer: 'Failure is not an option'
Incoming Senate Majority Leader John Thune (R-S.D.) reaffirmed his objective to prioritize swift tax reform in the 119th Congress as well as legislation supporting border security and the energy ...The Hill - 6d -
FDA Tries Last-Ditch Move to Slash Nicotine Levels in Cigarettes
The agency is asking the White House, in the final days of the Biden era, to move ahead with plans to drastically reduce the addictive substance in traditional tobacco cigarettes.The New York Times - 6d -
Consult us on inheritance tax, farmers urge PM
Farmers driving tractors stage another protest against the Budget changes in central London.BBC News - 6d -
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Adidas' German headquarters raided in connection with tax investigation
Adidas' German headquarters was raided as authorities investigate a yearslong tax concern.CNBC - Dec. 10 -
Why some credit card APRs are rising even after the Fed slashed interest rates
Most credit cards have a variable rate with a direct connection to the Federal Reserve’s benchmark.NBC News - Dec. 10 -
Tax Cuts Were Top of Mind at the Tax Foundation’s Annual ‘Prom’
Republican control of Washington and a tax bill next year have corporate America excited — and on edge.The New York Times - Dec. 10 -
Senate Democrats gauging interest in bill to extend tax benefits to Taiwanese companies
Senate Democrats are considering a bill to give tax breaks to Taiwanese companies, gauging interest in using a fast-track process to pass it into law. The tax benefits for Taiwan were included as ...The Hill - Dec. 9 -
That Roth IRA conversion comes with a tax bill — here's how to pay for it
If you're eyeing a year-end Roth IRA conversion, you'll need to plan for the upfront tax bill. Here are some strategies to manage your taxes, experts say.CNBC - Dec. 9 -
The Fed slashed interest rates, but some credit card APRs aren't going down. Here's why
Although the Federal Reserve started slashing interest rates in September, the average retail card rate has only gone up.CNBC - Dec. 9 -
Trump's tariffs: A tax on American consumers
President-elect Donald Trump has promised to impose across-the-board tariffs on imported goods from some allies and adversaries, claiming that foreign nations will pay such taxes to the U.S. ...CBS News - Dec. 8 -
Celtics' Brown fined $25K for throat-slash gesture
Boston forward Jaylen Brown was fined $25,000 by the NBA for his throat-slash gesture after a dunk against Detroit on Wednesday night.ESPN - Dec. 6 -
Celtics' Jaylen Brown fined $25,000 for making throat-slashing gesture toward Pistons player
Brown made the gesture after dunking on Isaiah Stewart during the first quarter of Boston's winCBS Sports - Dec. 6 -
Celtics' Jaylen Brown fined $25,000 by NBA for making throat-slash gesture toward Pistons' Isaiah Stewart
Brown led all players with 28 points during the Celtics' win over the Pistons.Yahoo Sports - Dec. 6 -
Musk eyeing federal remote work policies to help slash $2T from budget
Work from home policies came under fire from Elon Musk as he and Vivek Ramaswamy took their plans to reduce government waste to the floors of Congress Thursday.ABC News - Dec. 5 -
No need for 'large' council tax hikes - Robison
The finance secretary says a record funding deal should prevent an increase - but the decision will rest with local authorities.BBC News - Dec. 5 -
Jaylen expects to hear from NBA after throat-slash dunk celebration
Jaylen Brown admitted he got "caught up in the moment" after throwing down a massive dunk on Isaiah Stewart in Celtics-Pistons.Yahoo Sports - Dec. 5 -
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Top Republicans collide on strategy for Trump tax agenda
House and Senate Republicans are clashing over how to advance President-elect Trump's tax agenda after incoming Senate Majority Leader John Thune (R-S.D.) offered a plan that would put off tax ...The Hill - Dec. 5 -
These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - Dec. 4 -
Thune lays out plan for separate border and tax reconciliation bills
Incoming Senate Majority Leader John Thune (R-S.D.) laid out an ambitious plan at the Senate Republican retreat Tuesday for Congress to move first next year on a budget reconciliation package that ...The Hill - Dec. 3 -
Mega Millions jackpot hits $541M: What's the tax bill?
Someone could become a millionaire Tuesday night.The Hill - Dec. 3 -
Groups urge Congress to rein in federal bureaucracy after Supreme Court slashes agency authority
A coalition of 19 conservative and libertarian groups sent a letter to congressional leaders Wednesday urging them to act after a major Supreme Court decision clawing back federal agency power. The ...The Hill - Dec. 3 -
Special counsel objects to dismissing Hunter Biden tax case after pardon
Special counsel David Weiss rejected suggestions that he selectively prosecuted Hunter Biden in court filings where he also objected to dismissing charges following a sweeping pardon. President ...The Hill - Dec. 2
