Latest in Tax Deduction Cap
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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 - 6d -
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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 - 6d -
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 -
German union boss urges Berlin to scrap borrowing cap to safeguard economy
IG Metall chair Christiane Benner addresses thousands of VW workers striking over planned closure of several plantsFinancial Times - 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 -
Qatar energy minister: I don't 'worry much' about Trump's vow to lift LNG exports cap
"Additional LNG and additional competition is welcome," told CNBC's Dan Murphy at the Doha Forum.CNBC - Dec. 9 -
Scheffler caps big year in Bahamas with 9th win
Scottie Scheffler returned from a two-month break and nothing changed. He won the Hero World Challenge on Sunday with a 9-under 63 to tie the tournament record at Albany Golf Club and win by six ...ESPN - Dec. 9 -
American Figure Skater Caps Off Undefeated Year With a Quad Axel Jump
Since the 2022 Beijing Games, Ilia Malinin has become the new force in men’s figure skatingThe New York Times - 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 -
Face value: Wilson lifts Caps after puck to cheek
Tom Wilson took a puck in the face in the first period but returned and played hero, scoring twice in the third period to lift the Capitals to a 4-2 comeback win in Montreal.ESPN - Dec. 8 -
College football scores, results: Clemson caps off championship Saturday with last-second game-winning field goal
Championship Saturday is done. Selection Sunday awaits.Yahoo Sports - Dec. 7 -
'Special night': Celts cap season sweep of Bucks
In a game that had a playoff feel, the Celtics made enough plays down the stretch for a 111-105 victory over the Bucks that gave them a 3-0 sweep of the season series.ESPN - Dec. 7 -
PM and FM have 'helpful' talks over two-child cap
The prime minister met with John Swinney and other heads of government in Edinburgh.BBC News - Dec. 6 -
No plan for more tax rises but we can't rule it out - Starmer
The PM says voters can judge him at the next general election on whether their living standards have improved.BBC News - Dec. 6 -
UK’s largest estates pay an average of £9mn in inheritance tax
Wealthiest estates face prospect of higher rates of liability following the BudgetFinancial Times - Dec. 6 -
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 -
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Number of people caught in 60% ‘tax trap’ up 45% in two years
Rise for taxpayers earning more than £100,000 blamed on frozen thresholds and wage inflationFinancial Times - Dec. 5 -
Trump’s populist 'mandate' could disrupt business tax reform wish list
Congress, and the GOP, has changed since then-President Trump and Republicans crafted the 2017 Tax Cuts and Jobs Act. And while Speaker Mike Johnson (R-La.) and GOP leadership are gunning to get a ...The Hill - Dec. 5 -
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 -
How Jensen Huang, CEO of Nvidia, Is Avoiding Billions in Taxes
The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in the federal estate and gift taxes, which have quietly been eviscerated.The New York Times - Dec. 5 -
Ireland urged to set aside more of its corporate tax windfall
Country’s independent fiscal watchdog calls for Norwegian-style approach to saving surplus cashFinancial Times - Dec. 5 -
What happens if Trump ends the electric vehicle tax credit?
President-elect Donald Trump has signaled he wants to end the $7,500 tax credit for electric vehicle buyers. Albert Gore III, executive director of the Zero Emission Transportation Association, ...CBS News - Dec. 4 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
SNP government vows to scrap two-child benefit cap
Finance Secretary Shona Robison also announced plans to change the income tax system in her Budget speech.BBC News - Dec. 4 -
Scottish government vows to scrap two-child benefit cap
SNP administration sets out record healthcare spending as it seeks to double down on policy prioritiesFinancial Times - Dec. 4 -
Deutsche Bank chief calls for relief on regulation and ‘rethink’ on tax
Call comes amid discontent with Germany’s ruling coalition ahead of snap election in FebruaryFinancial Times - Dec. 4 -
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 -
Germany’s car sector layoffs could fill skill shortages in mid-cap firms, Deutsche Bank CEO says
Deutsche Bank CEO Christian Sewing said layoffs in car manufacturers including Volkswagen could help fill labor shortages in medium sized firmsMarketWatch - Dec. 4 -
Artturi Lehkonen's late goal caps Avalanche's 5-goal rally in 5-4 win over the Sabres
Artturi Lehkonen scored with 4:22 left, and the Colorado Avalanche overcame a four-goal deficit in a 5-4 win over the Buffalo SabresABC News - Dec. 3 -
Judge in Hunter Biden's tax case accepts pardon despite calling it 'unconstitutional'
Two days after President Biden issued a blanket pardon to his son Hunter Biden, the younger Biden's federal gun case has been terminated by the judge overseeing the case.ABC News - Dec. 3 -
Judge in Hunter Biden tax case rebukes president’s claims of unfair treatment
The federal judge overseeing Hunter Biden’s tax case issued a sharp rebuke of President Biden’s claims his son was unfairly prosecuted in new court filings Tuesday night. U.S. District Judge Mark ...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 -
Hospital group launches ad campaign for disaster relief tax credits
A major hospital trade group launched a six-figure ad campaign this week calling on Congress to extend disaster relief tax credits that the group says will help facilities recover from hurricanes ...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 -
7 tips from a tax influencer as she approaches retirement at 70
Phyllis Jo Kubey is still on a continuing education journey as retirement loomsMarketWatch - Dec. 3 -
B1G Time: Oregon looks to cap Big Ten power trifecta in first season as Penn State looms in league title game
The Ducks are one win away from taking down Ohio State, Michigan and Penn State -- all in their first Big Ten seasonCBS Sports - Dec. 3 -
Trump’s tax plans: Housing credits ‘in play,’ and there’s buzz over a short extension for expiring cuts
One veteran analyst is predicting that housing tax credits will get included in the GOP’s big tax package next year. Separately, some GOP lawmakers reportedly have talked about using the package to ...MarketWatch - 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
