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Retail sales point to a robust holiday shopping season. U.S. economy starts off 2025 with some momentum.
Retail sales rose at a solid pace in the final month of 2024, capping off a good holiday shopping season and suggesting the economy entered the new year with some momentum.MarketWatch - Jan. 16 -
What to Know About the E.V. Tax Credit That Trump Might Repeal
Rules for a $7,500 tax break for electric vehicle purchases and leases recently changed, but more far-reaching changes are expected when President-elect Donald J. Trump takes office.The New York Times - Jan. 16 -
Senate Democrats circulating memo alleging Bessent tax dodges
The memo called out millions of dollars in losses Treasury Secretary nominee Scott Bessent claimed related to his investment in a conservative publishing house, among other issues.Politico - Jan. 15 -
'Severance' Season 1 ended in a cliffhanger. What will happen in Season 2?
Here's what you should remember from the first season of "Severance" and how certain moments and symbols could foreshadow what happens in Season 2.Los Angeles Times - Jan. 15 -
Jeffrey Epstein’s Associates Could Reap Benefit of a Big Tax Refund
The estate’s assets have swelled to $145 million, a probate court filing in the U.S. Virgin Islands shows. Much of that won’t make its way to Mr. Epstein’s victims.The New York Times - Jan. 15 -
GOP rep to reintroduce bill to eliminate taxes on overtime pay
A Republican House member is reintroducing legislation Wednesday that would eliminate taxes on overtime pay, an idea that has gained momentum among some lawmakers after President-elect Trump touted ...The Hill - Jan. 15 -
Tax Deadline for 2024 Disaster-Hit Small Businesses Nears
The IRS cautions many small businesses that the filing extension periods given after natural disasters last year will end in early February, though other will have until May.Inc. - Jan. 15 -
Gilt investors warn Reeves she may need to raise taxes
Chancellor seeks to reassure bond market after UK borrowing costs rose to highest level since financial crisisFinancial Times - Jan. 15 -
Hochul Proposes Cutting Income Taxes for Middle-Class New Yorkers
Gov. Kathy Hochul used her State of the State speech to focus on affordability and crime, vowing to place a police officer on every overnight subway train.The New York Times - Jan. 14 -
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 -
Spain proposes 100% tax on property purchases for non-EU buyers
Prime Minister Pedro Sánchez unveils plan to tackle housing crisisFinancial Times - Jan. 13 -
Trump Discusses Tax Cuts for New Yorkers With G.O.P. Lawmakers
The president-elect told Republicans from New York, New Jersey and California to come up with a plan for increasing the state and local tax deduction — a move that would benefit their constituents.The New York Times - Jan. 12 -
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 -
Barcelona uses its tourist tax to tackle the effects of climate change
Barcelona is one of the most visited cities in Europe. A small fee charged to visitors is helping the city address climate change.CBS News - Jan. 11 -
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 -
Democrats prepare for Affordable Care Act tax credit fight
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Democrats prep case for extended ACA subsidies The extended Affordable Care Act subsidies credited with ...The Hill - Jan. 10 -
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 -
Labour intensifies push for growth to avoid ‘disastrous’ tax rises
Punishing week on bond markets ends with UK government borrowing costs significantly higherFinancial Times - Jan. 10 -
Here's when you can start filing your 2024 tax returns
The new tax season is here. Read on to learn when you can file your 2024 tax return and get your refund.CBS News - 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 -
Senate GOP fears landmines in House could derail Trump's tax agenda
Senate Republicans fear that President-elect Trump’s tax agenda could be derailed in the House by several potential landmines, including calls by some GOP lawmakers to raise corporate taxes and to ...The Hill - Jan. 10 -
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.The New York Times - 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 -
Warren questions Trump IRS nominee's experience, promotion of tax credit
Sen. Elizabeth Warren (D-Mass.) voiced concerns about President-elect Trump’s nominee to lead the Internal Revenue Service (IRS) on Wednesday, pressing him for answers about his previous experience ...The Hill - Jan. 9 -
The Best Rookies in the N.F.L. This Season
Quarterback Jayden Daniels turned around a franchise, while two Giants standouts have given fans reasons for optimism.The New York Times - 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 -
Flu cases in England’s hospitals soar after season starts early
NHS data shows mounting pressure from ‘quad-demic’ of virusesFinancial Times - Jan. 9 -
The Papers: 'Apocalypse' LA and 'Reeves faces extra tax rises'
Wednesday's headlines include wildfires in LA and economists warning of rising government borrowing costs.BBC News - Jan. 9 -
Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.
President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.The New York Times - Jan. 9 -
UK recruiters report fresh slowdown in hiring as planned tax rises bite
Survey results will heighten investor concerns over stagflation threat in economyFinancial 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 -
The Best Moments of the N.F.L. Season
A jaw-dropping hurdle and a game-winning Hail Mary are just two of the plays that defined the regular season.The New York Times - Jan. 8 -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - Jan. 8 -
Can the Sabres salvage their season?
Buffalo's hockey team appears poised to extend their postseason drought.ESPN - Jan. 7 -
Biden expands wind and solar tax credit to nuclear, hydropower, geothermal energy
The Biden administration on Tuesday finalized a guidance that expands a tax credit that has historically applied only to wind and solar power to a range of other energy technologies. Under a new ...The Hill - Jan. 7 -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - Jan. 7 -
Suns will reportedly bring Bradley Beal off the bench -- can starting five shakeup save their season?
Mike Budenholzer is reportedly putting Ryan Dunn and Mason Plumlee into the starting lineupCBS Sports - Jan. 6