Latest in Tax Hike
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Deutsche Bank is a victim of its own success as it hikes cost guidance
Deutsche Bank delivered bad news on spending, and investors weren’t happy.MarketWatch - 8h -
4 ways a tax relief service can reduce your tax bill
If you owe back taxes to the IRS, the right tax relief service could help reduce your bill. Here's how.CBS News - 22h -
Fed rate hikes are back in the conversation. Here’s why, and what could trigger them.
The bar for interest-rate hikes remains high, but these areas warrant watching, says Barclays.MarketWatch - 2d -
Tax scams: What to watch for in 2025
Each year, scammers refine their tactics to trick taxpayers out of their money. Here's what to watch for this year.CBS News - 2d -
Kimberly-Clark’s dividend hike props up stock despite earnings miss
The company called 2024 a “breakthrough” year as it launched multiyear transformation program and rewired the business into three segments.MarketWatch - 2d -
Millions 'face tax hike' and Trump set to visit UK
A number of Monday's front pages report on a call between Donald Trump and Sir Keir Starmer's.BBC News - 3d -
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Japan hikes rates to highest since 2008 as sustained inflation, rising wages signal 'virtuous cycle' in play
The move comes in line with expectations from CNBC's survey, where an overwhelming majority of economists predicted a hike.CNBC - 6d -
Japan core inflation climbs to a 16-month high, boosting case for rate hikes
The Bank of Japan is expected to raise rates by 25 basis points later in the day as it concludes its monetary policy meeting.CNBC - 6d -
Sen. Warren: Big banks hiked interest on borrowers, but not for savers
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.CBS News - 6d -
From tax lottery to tax credit: A better way to help disaster victims
As natural disasters leave many Americans facing economic hardship, the tax code's casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty tax ...The Hill - 6d -
How is gold taxed?
Gold investments fall into several tax categories, experts say. Here's what to know this tax season.CBS News - Jan. 23 -
Netflix to hike prices on standard and ad-supported streaming plans
Netflix is hiking the price of most of its U.S. plans.NBC News - Jan. 22 -
Here’s What Looming Tax Hikes Could Mean for Small-Business Owners
The 20 percent Small Business Deduction has been the “single most beneficial tax deduction for small-business owners,” says one accountant.Inc. - Jan. 22 -
Bank of Japan is expected to hike rates this week, CNBC survey shows
Out of 19 economists, 18 agreed on prospects of a rate hike, with most pointing to a recent change in tone of the BOJ leadership as driving their expectations.CNBC - Jan. 21 -
Netflix to hike prices on standard and ad-supported streaming plans
Streaming giant Netflix said it is increasing the cost of its plans in the U.S., including its cheaper, ad-supported option.CNBC - Jan. 21 -
Netflix had a record-breaking quarter. Here come the price hikes
The earnings report solidified Netflix's dominance in the market, with hits such as "Squid Game" and a boxing match between Jake Paul and Mike Tyson.Los Angeles Times - Jan. 21 -
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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 -
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 -
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 -
Thames Water plans to hike bosses’ pay in response to bonus caps
UK’s debt-laden utility warns it will raise salaries if bonus restrictions are enforced by regulator OfwatFinancial Times - 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 -
Human remains 'in various states of decomposition' found on public hiking trail
Human remains that had been decomposing “for an extended period of time” have been discovered just off of a public hiking trail in Utah, police said.ABC News - Jan. 14 -
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 -
Why Trump’s tariffs may bring worse-than-expected price hikes to consumer electronics
As CES winds down in Las Vegas, one cloud hanging over the desert not often mentioned in all the coverage of newly unveiled gadgets was a prediction by the show’s host of how much prices for ...MarketWatch - Jan. 11 -
This is what it could take for the Fed to hike interest rates
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price indexMarketWatch - 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 -
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 -
California Fires Lead to Prices Hikes on Some L.A. Rentals
Despite a law against price gouging during a state of emergency, some rental listings have shot up above the allowable 10 percent overnight.The New York Times - 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 -
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 -
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 -
Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show
“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.MarketWatch - Jan. 8 -
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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 -
Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3