Latest in Tax Cuts
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This homeowner cut her heating bill in half — and got a $1,200 tax credit
The energy efficient home improvement credit offers up to $3,200 a year to taxpayers. Republicans may scrap the tax break as part of their legislative agenda.CNBC - 35m -
Tariffs won’t boost U.S. manufacturing — tax cuts will, Johnson & Johnson CEO says
For medical-technology and pharmaceuticals manufacturing, “the most effective answer is not tariffs but tax policy,” Johnson & Johnson CEO Joaquin Duato said.MarketWatch - 1h -
How the IRS layoffs could affect audits and refunds during tax filing season
Thousands of IRS employees have lost their jobs as part of DOGE's spending cuts, and the layoffs could affect essential agency functions during tax season.CNBC - 4d -
Large Shipping Nations Agree to Greenhouse Gas Tax
China, Brazil, and other major shipping nations agree to first-ever global tax on greenhouse gas emissions.Inc. - 4d -
The 3 Biggest Tax Mistakes Content Creators Make, According to Experts
Creator tax pros share tips on tracking income—which can include brand trips—saving for taxes, and navigating write-offs.Inc. - 8h -
North Sea oil deals allow companies to offset billions in tax liabilities
In three recent arrangements, operators with significant tax losses have merged with rivals with profitable assetsFinancial Times - 2d -
Trump threatens Harvard's tax-exempt status after freezing $2bn funding
Universities, as well as many charities and religious groups, are exempted from paying federal income taxes.BBC News - 1h -
Spaced Out: Spending Cuts Could Hurt Startups
Elon Musk, the CEO of SpaceX and the head of DOGE, could be cutting off funds for new companies in his own industry.Inc. - 4d -
Charities criticise 'distressing' cuts to adoption fund
The amount of funding families can access to pay for therapy for adopted children has been cut by 40%.BBC News - 3h -
Can't pay your taxes by April 15? You have options, IRS says
You have options if you can't pay your taxes by April 15, according to the IRS. Here's what taxpayers need to know.CNBC - 3d -
How to Evade Taxes in Ancient Rome? A 1,900-Year-Old Papyrus Offers a Guide.
A manuscript discovered in the Judean desert contains trial notes on an intricate tax-evasion scheme that involved forgery, fiscal fraud and the false sale of slaves.The New York Times - 21h -
Some Online Scam Victims Can Now Seek Tax Relief on Firmer Ground
The Internal Revenue Service issued a memo last month that said victims of certain impersonation and investment schemes might be eligible for a tax break.The New York Times - 2h -
Universities sue over Energy Department research funding cuts
A group of universities — including Brown University and the Massachusetts Institute of Technology — and education groups filed a lawsuit on Tuesday seeking to halt the Department of Energy's cuts ...NBC News - 6h -
Proposed NASA Budget Cuts ‘Would Decimate American Leadership in Space’
The approximate 20 percent budget cut could force the closure of the Goddard Space Flight Center and would see projects such as the Nancy Grace Roman Space Telescope scrapped.Wired - 3d -
How Health and Human Safety Department cuts could affect your health
In his first network TV interview since becoming Health and Human Services Secretary, Robert F. Kennedy Jr. sat down with Dr. Jon LaPook. Kennedy said he was not familiar with cuts to programs that ...CBS News - 2d -
GM cutting jobs, idling Canadian electric van plant due to 'market demand'
General Motors is cutting production of its all-electric delivery vans at a plant in Canada ahead of idling the facility through much of this year.CNBC - 3d -
EU to give €1.6bn to Palestine amid Israel’s expanded Gaza offensive
Also in this newsletter: should the EU introduce an ‘Amazon tax’?Financial Times - 1d -
Shane Lowry doesn't want to talk about Rory, then talks about Rory before cutting interview short
Boiling after back-to-back bogeys to end his third round of the Masters, Lowry cut his interview short on Saturday while saying he wished he'd had 30 minutes to cool off.Yahoo Sports - 2d -
‘Electoral wake-up call’: dozens of Labour MPs risk losing majorities over welfare cuts
New data shows cabinet ministers among MPs at risk as campaign to pressure government over proposed benefit cuts to step up. At least 80 Labour MPs are at risk of losing their majorities over ...The Guardian - 1d -
‘Trump Tax’? Business Owners Are Mulling Tariff Surcharges, and Reminders of Who Is to Blame
Small business owners are increasingly adopting special charges to offset higher costs from tariffs.Inc. - 1d -
Donald Trump threatens to remove Harvard’s tax exempt status
Warning comes as the university rejects the administration’s demands to overhaul its governanceFinancial Times - 1h -
Trump questions Harvard's tax-exempt status after funding freeze
The federal government has frozen $2.2 billion in funding for the Ivy League school.CBS News - 1h -
57-year-old bridal store owner cuts own salary to handle Trump's China tariffs: 'I see a retail meteor heading towards' the U.S.
Penny Bowers-Schebal, owner of wedding dress shop Formality Bridal, says she cut her salary and must likely raise prices due to the President's tariffs on China.CNBC - 3d -
A critical week for Meta and a key test for the new FTC chair
Plus, ECB expected to cut interest rates and milestone dates for McDonald’sFinancial Times - 2d -
The art of the hollow promise to cut Pentagon waste
President Trump's executive order aims to modernize defense acquisitions and spur innovation, but critics argue it will lead to more waste and deregulation, rather than reducing the Pentagon's ...The Hill - 2d -
Ancient oak tree cut down by Toby Carvery
The felling of a much-loved and centuries-old north London oak tree was initially reported to police.BBC News - 2h -
Trump Signals New Tariffs on Chips, Calling Exclusions Temporary
On Friday, the administration carved out an exception for a variety of electronics from the steep taxes now applied to Chinese imports.The New York Times - 1d -
Los Angeles continues to see decline in film and TV production, report says
The news of decreasing film production in Los Angeles comes as lawmakers continue pushing for a revamped film and TV tax incentive program.Los Angeles Times - 1d -
Faisal Islam: A UK-US deal sounds good but it is all about the detail
Britain is being taxed by US despite having no trade deficit but the UK may have some leverage.BBC News - 7h -
CDC faces backlash for cutting sickle cell, adult disability programs
Nearly half of the National Center on Birth Defects and Developmental Disabilities was laid off.CBS News - 5d -
Coach, Cut, or Coddle: Using Decisive Leadership With Difficult Employees
How to make the right call when facing workplace insubordination.Inc. - 4d -
New Pact Would Require Ships to Cut Emissions or Pay a Fee
A draft global agreement sets a fee for cargo ships, which carry the vast majority of world trade, to pay for their greenhouse gas emissions.The New York Times - 4d -
Harvard faculty sue Trump administration over funding cuts threat
Harvard University faculty sued the Trump administration on Friday over a federal assessment of the school's spending amid allegations of their “failure” to protect students from antisemitism. The ...The Hill - 2d -
Hispanic consumers cut back spending over US deportation fears
Trump’s immigration policies have contributed to a sales slowdown triggered by his tariffsFinancial Times - 2d -
RFK Jr. looks to reshape US public health despite budget cuts
Once an influential environmental lawyer and celebrated conservationist, Robert F. Kennedy Jr. has turned his focus in recent years to public health often promoting baseless conspiracy theories. ...NBC News - 2d -
Professors sue Trump administration over Harvard funding cuts
Resistance by faculty, students and staff to intensifying attacks on higher education institutions growsFinancial Times - 1d -
DOGE Cuts Hobble Office That Would Aid NASA and SpaceX Mars Landings
The Astrogeology Science Center, which has helped astronauts and robots reach other worlds safely, is facing a substantial number of job reductions.The New York Times - 1d