Latest in Tax Gap
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Will you have a lower tax rate in retirement? Maybe not, financial advisors say
Most people will have a lower tax rate when they retire, but others won't due to factors like large required 401(k) and IRA withdrawals, advisors said.Business - CNBC - November 7 -
Detroit to become largest city in U.S. to accept cryptocurrency for taxes
City officials said payments will be made through a secure platform and managed by PayPal.Top stories - CBS News - November 7 -
Oil firm blames windfall tax for North Sea pull-out
Texas-based Apache says the windfall tax on energy profits will make its operations "uneconomic".Top stories - BBC News - November 7 -
Colorado governor says tax cuts key to state's shift left
Colorado Gov. Jared Polis (D) said on Wednesday tax cuts are key to his state’s shift to the left in the wake of President-elect Trump’s win in the 2024 presidential election. Republicans made ...Politics - The Hill - November 8 -
Japan’s new kingmaker pushes for income tax threshold rise
Yuichiro Tamaki’s once-fringe DPP has leverage over Prime Minister Shigeru Ishiba’s weakened ruling partyWorld - Financial Times - November 8 -
The Entertainer blames Budget tax rise for axing new shops
The toy retailer says higher costs have hit expansion and led to a hiring freeze at its head office.Top stories - BBC News - November 8 -
