Latest in Tax Debt Irs
Sort by
270 items
-
Will collections debt go away if I file for bankruptcy?
Getting rid of debt in collections is important if you want to get your finances back on track.CBS News - Jan. 22 -
How the Debt Could Hamstring Trump’s Agenda
Republicans are hunting for ways to pay for President Trump’s expensive plans while avoiding a freakout on Wall Street.The New York Times - Jan. 22 -
A 'National Tragedy' in India: Popcorn Is Taxed Three Ways
Critics say the multiplicity of tax rates on the humble snack is emblematic of why India remains a difficult place to do business.The Wall Street Journal - Jan. 22 -
Trump's and Biden's Inauguration Day pardons draw bipartisan ire
After the Justice Department's four-year effort to arrest, prosecute and punish those behind the Jan. 6 Capitol riot, President Trump granted clemency to roughly 1,500 people Monday night. Earlier ...CBS News - Jan. 21 -
This free tax filing option is 'fast and simple,' IRS says. Here's who can use it
Roughly 70% of taxpayers are eligible for IRS Free File. Here's how to know if you qualify.CNBC - Jan. 21 -
Council urged to scrap 'rat tax'
A councillor has put forward an amendment to a recent review of pest control charges.BBC News - Jan. 21 -
Biden’s last-minute pardons draw ire from both sides of political divide
Family members, Gen Mark Milley, Anthony Fauci, Liz Cheney and January 6 committee members pardoned. Donald Trump inauguration – live updates Former president Joe Biden ’s last-minute ...The Guardian - Jan. 20 -
Senate GOP spikes House tax plans
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP rejects House conservative tax pitch Senate Republicans are tossing ...The Hill - Jan. 17 -
US Debt Faces Record as Trump and GOP Plan Tax Cuts
The Congressional Budget Office forecasts that annual deficits will top $21 trillion over the next decade.The New York Times - Jan. 17 -
Can you dispute a debt that was sold to a debt collector?
Disputing a debt that has been sold to a debt collector is not just possible — it's your legal right.CBS News - Jan. 17 -
IRS' free Direct File program expands to 25 states — but still faces Republican scrutiny
Direct File, the IRS’ free tax filing program, has expanded to 25 states for 2025. But the program's future remains uncertain amid Republican scrutiny.CNBC - Jan. 17 -
What Did Trump’s Tax Cuts Do?
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.The New York Times - Jan. 17 -
'Will I receive an IRS stimulus check?' Answers to top questions on the $1,400 automatic payments
As tax filing season starts, 1 million taxpayers are already set to receive automatic payments from the IRS.NBC News - Jan. 16 -
Live Updates: Trump nominees grilled by senators; Turner ouster draws bipartisan ire
Thursday marked another busy day of hearings for President-elect Trump's Cabinet nominees as his inauguration approaches. The day featured Lee Zeldin, the nominee to run the Environmental ...The Hill - Jan. 16 -
Tips for paying off debt
With nearly half of Americans carrying credit card balances month-to-month, CBS News business analyst Jill Schlesinger provides tips on how to pay down debt.CBS News - Jan. 16 -
'Will I receive an IRS stimulus check?' Answers to top questions on the $1,400 automatic payments
The IRS plans to send 1 million Americans stimulus payments of up to $1,400 this month. Here's who qualifies.CNBC - Jan. 16 -
Ex-England boss Eriksson died heavily in debt
Swedish football manager Sven-Goran Eriksson, the first foreigner to lead the England national team, died with debts of over £3.8 million ($4.64 million) following years of financial mismanagement.ESPN - Jan. 15 -
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 -
30 million people could qualify to use IRS free Direct File program. Here's who is eligible
The IRS free Direct File program opens on Jan. 27 for taxpayers in 25 states. Here's who qualifies for the 2025 tax season.CNBC - Jan. 13 -
Penguins place Malkin on IR; Bunting in car accident
The Pittsburgh Penguins placed center Evgeni Malkin on injured reserve on Sunday with an upper-body injury.Yahoo Sports - Jan. 13 -
More than a million student loan borrowers got debt forgiven in 2024. What to know at tax time
If your student loans were forgiven in 2024, you may be wondering if there are any tax implications.CNBC - Jan. 12 -
IRS delays after ID thefts 'unconscionable,' watchdog says. Here are 3 ways to protect yourself
A new tax season is nearly here, and with it an opportunity for identity thieves to take advantage of taxpayers. So what can taxpayers do to protect themselves in 2025?The Hill - 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 -
House Republicans face massive debt problem
House Republicans have a problem. They want to pass a massive agenda for President-elect Trump, preferably in his first 100 days of office. And they don’t want to add to the federal deficit. That ...The Hill - 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 -
Another rough night for UCLA coach Mick Cronin: This time his ire was directed at the officials
This time UCLA coach Mick Cronin turned his disdain toward the officialsABC News - Jan. 11 -
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 -
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 -
Can a debt collector refuse my settlement offer?
Negotiating a successful debt settlement could be a little more complicated than you'd expect.CBS News - 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 -
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 -
IRS: Missing final 2024 quarterly estimated tax payment could trigger 'unexpected penalties'
The fourth-quarter estimated tax payment for 2024 is Jan. 15. Here's how to avoid "unexpected penalties," according to the IRS.CNBC - 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 -
Trump's IRS pick raises concerns about qualifications, Sen. Warren says
The background of Billy Long, an ex-congressman and auctioneer, raises questions about his qualifications, Sen. Warren says.CBS News - Jan. 9 -
Taxpayer Advocate urges Congress to preserve IRS funding for service, technology
The National Taxpayer Advocate has urged Congress to preserve IRS funding for taxpayer service and technology amid Republican scrutiny.CNBC - Jan. 8 -
Who qualifies for the IRS Fresh Start program?
The IRS' Fresh Start program could help you catch up on delinquent tax debt — but you'll have to qualify first.CBS News - Jan. 7 -
What proof must credit card debt collectors provide for a debt?
Debt collectors must provide proof that a debt is valid. Otherwise, they have to stop their collection efforts.CBS News - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6