Latest in Tax Americans Raises
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What Do the Mass IRS Layoffs Mean for Your Business Tax Filings?
The IRS just laid off at least 6,000 employees, which could lead to slower processing times–or lax enforcement.Inc. - Feb. 21 -
I.R.S. Fires 6,700 Employees Amid Tax Filing Season
The layoffs at the Internal Revenue Service came alongside additional firings at the Transportation Security Administration and the C.I.A.The New York Times - Feb. 21 -
Did You Sell Concert Tickets or Clothes? You May Owe Taxes
If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore it, an expert says.The New York Times - Feb. 21 -
Don't wait to file your taxes this season, experts say. Here's why
Nearly one-third of Americans procrastinate filing their taxes. But here's why you shouldn't wait this season, experts say.CNBC - Feb. 21 -
5 options to consider if you owe $10,000 (or more) in taxes
If you're facing a large tax debt that you can't pay, there are a few possible solutions worth considering.CBS News - Feb. 21 -
Will the expected IRS cuts delay my 2025 tax refund?
Tax accountants urge Americans to file early this year to avoid delays in getting your 2025 tax refund.CBS News - Feb. 21 -
Trump considers tariffs to counter digital services taxes on Big Tech
President orders probes into levies imposed by EU, UK and Turkey on US companiesFinancial Times - Feb. 22 -
The IRS is firing thousands of workers. Will it affect your tax refund?
With the IRS laying off thousands of employees Thursday, many Americans may be wondering if their tax returns – or their refunds – will be affected.The Hill - Feb. 22 -
President Trump should combine extending tax cuts with fixing Social Security
It would be good fiscal policy and probably good politicsMarketWatch - Feb. 23 -
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Europe must cut electricity taxes, warn Iberdrola and EDP bosses
Energy company chiefs say EU must ‘urgently’ remove various taxes and simplify billsFinancial Times - Feb. 25 -
Farm inheritance tax protesters target Reed conference speech
The environment secretary is met with blaring tractor horns as he tries to win over farmers.BBC News - Feb. 25 -
Bad DOGE: Firing IRS workers will fuel tax cheating and cost billions
Cutting IRS jobs may sound appealing to some, but the long-term consequences could be disastrous.The Hill - Feb. 25 -
Progressives launch campaign against Trump, GOP tax agenda
Progressives have launched their first organized campaign against Republicans’ tax agenda, urging Democratic lawmakers and activists to fight jointly against what they say will be tax breaks for ...The Hill - Feb. 25 -
US House passes budget resolution to cut taxes and spending by trillions
Bill would lead to large increase in America’s deficit, independent analysts sayFinancial Times - Feb. 26 -
California legislators propose bills to expand film and TV tax credit program
To address the flight of productions to other states and countries, legislators are proposing bills that they say will make it more attractive to film in California.Los Angeles Times - Feb. 27 -
Engie warns US that tariffs and tax uncertainty threaten investment
Comments by French energy group chief follow Trump’s decision to pause hundreds of billions of dollars of green fundsFinancial Times - Feb. 27 -
Norwegian Cruise on Trump’s call to pay U.S. taxes: It’s ‘really, really complicated’
Norwegian’s earnings show the cruise boom continued, but the outlook exposed some cracks and the stock turned lower.MarketWatch - 6d -
Trump’s proposed 'gold card' visa comes with a hidden tax break for the wealthy
President Donald Trump's proposed $5 million "gold card" for U.S. residency would be one the most expensive in the world, according to experts.CNBC - 6d -
What to Know About Filing Your Tax Return as the I.R.S. Sheds Workers
How to avoid delays, check the status of refunds and contact the Internal Revenue Service with problems.The New York Times - Feb. 27 -
Tax refunds in 2025 are about $1,000 less than in 2024. Here's why.
IRS data shows that the average refund check so far is about $2,200, or $1,000 less than a year earlier. Here's what experts say.CBS News - 6d -
Can you collect Social Security if you owe back taxes?
If you're trying to collect Social Security benefits, it's important to know how your tax debt could impact that.CBS News - 5d -
As the price of bitcoin falls, you can leverage this tax 'loophole,' experts say
With the price of bitcoin down from a record high in January, there could be opportunities for a tax break, experts say.CNBC - 5d -
H&R Block Coupons and Deals: 20% Off Tax Prep in 2025
Save 20% online and when you visit your local H&R Block store. You can save up to $50 when you use one of our (unique) codes.Wired - 5d -
This Productivity Tip Can Help Improve Your Tax Season
You have to do your taxes and run your business. Here’s how to be productive at both.Inc. - 5d -
Elon Musk’s DOGE Removes Employees That Created Free Tax-Filing Site
Elon Musk and DOGE deem their jobs as “non critical.”Inc. - 4d -
Tax war brews over Britain’s charming little getaways by the sea
Second home owners are poised to fight back as Cornwall prepares to impose double council tax – leaving councillors fearing for their budget. Cornwall councillor Steve Arthur is convinced that ...The Guardian - 4d -
Do you need to file taxes if you're on Social Security?
Social Security benefits are handled differently than regular income by the IRS, which can make tax season tricky.CBS News - 3d -
Why Elon Musk is targeting a free tax-filing software package
Musk plans cost-cutting – and Americans will end up footing the bill; the business of immigration surveillance; and a fond farewell to Skype. Hello, and welcome back. In this week’s Techscape: the ...The Guardian - 2d -
How much can the average tax refund earn in a CD?
The average tax refund could bring you a few thousand dollars this year. Here's how much it could earn in a CD.CBS News - 1d -
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Why the Fed’s inflation fight could be a victim of Trump’s tariffs and tax cuts
Trump is moving fast and breaking things. That’s creating more chaos than progress.MarketWatch - 1d -
Trump's lies on tax cuts are another gut punch to America's working-class
He and congressional Republicans are getting ready to sell out Americans and our future so he can deliver massive tax cuts to billionaires like Elon Musk.The Hill - 1d -
8 tax deductions you didn't know you qualified for
These deductions can lower your taxes and are available to taxpayers across various income brackets and situations.CBS News - 22h -
The IRS Has an Influencer Problem, Thanks to This Tax Gray Area
The tax treatment of the free products many influencers get in the course of doing their job is especially ambiguous, leaving them unaware of how to correctly file their tax returns.Inc. - 19h -
Free-market advocates assemble coalition, at Trump’s request, to push tax cuts
EXCLUSIVE: Free-market economics big wigs, acting on a request from President Trump, have assembled a coalition that aims to be the premier voice in the push to make Trump’s 2017 tax cuts ...The Hill - 6h -
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Musubi, AI content moderation startup, raises $5 million in seed funding
Musubi, a startup that uses AI to moderate online content, raised $5 million in a seed round.CNBC - Feb. 21