Latest in Tax Loss
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Nigeria sues crypto giant Binance for $81.5bn in economic losses and back tax
Authorities blame crypto exchange, already facing four counts of tax evasion in the country, for currency woes. Nigeria has filed a lawsuit seeking to compel Binance to pay $79.5bn for economic ...The Guardian - 15h -
Tax tips for remote workers
If you're still working from home, you might be looking into some home office deductions as you prepare your taxes. Money and personal finance reporter Medora Lee joined CBS News to discuss those ...CBS News - 1d -
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Home equity loan tax deductions: What to remember this tax season
A home equity loan has important tax benefits that users should remember this filing season. Here's what to know.CBS News - Feb. 11 -
Tariff Uncertainty Taxes the Auto Industry
For some in the car industry, the uncertainty surrounding a US-border trade war is almost worse than the tariffs themselves. If the tariffs go through, the costs might get passed down to buyers.Wired - Feb. 6 -
Graham's plan for Trump tax cuts
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Graham rolls out plan to tackle Trump agenda Senate Budget Committee Chair ...The Hill - Feb. 8 -
New brackets, deductions and credits for taxes
It's tax filing time and if you're working on your 2024 return then you might be seeing changes with brackets, rates and other parts of the tax code. CBS News business analyst Jill Schlesinger has ...CBS News - Feb. 11 -
How do tax extensions work?
It's important to understand what a tax extension does and doesn't do or you could end up making costly mistakes.CBS News - Feb. 11 -
Does bankruptcy clear tax debt?
Clearing your IRS tax debt by filing for bankruptcy may not be as simple as you think.CBS News - Feb. 12 -
Mixed-Use Vehicles And Your Taxes
For vehicles that are used for both business and personal reasons, it’s important to have the details right.Inc. - 3d -
Tax season: How to file for free
Here are some options to file your taxes for free in 2025 before the April 15 deadline.The Hill - 2d -
What are the requirements for IRS tax forgiveness?
The IRS could forgive a portion of your tax debt, but only if you meet certain requirements. Here's what they are.CBS News - 15h -
The SBA’s Loan Losses-and Job Losses-Are Rising. Higher Fees Are Likely
The 7(a) loan program is currently losing money, which could put it in the political crosshairs. At the agency itself, DOGE’s calamitous terminations haven’t helped.Inc. - 1d -
Inside the House GOP clash over tax cuts
Hardliners are squaring off against their top tax writer as Republicans try to assemble a package President Donald Trump's priorities.Politico - Feb. 9 -
Hundreds of tractors block Westminster in inheritance tax protest
Farmers from across the UK protesting in London against changes to inheritance tax.BBC News - Feb. 10 -
There will be no exemptions to new tax on metals, says Trump
The move threatens to have a big impact in Canada, a major source of the metals in the US.BBC News - Feb. 11 -
Don’t let the loophole lobby decide the tax debate
Republicans took one step forward during the 2017 reforms, and this is their chance to avoid taking two steps back.The Hill - 5d -
5 Ways to Make Tax Season Easier
Avoid common tax season pitfalls with these expert strategies to streamline communication, stay organized, and stress less.Inc. - 4d -
Prominent Cryptocurrency Investor Faces Senate Tax Inquiry
The Finance Committee’s top Democrat sent a letter last month to Dan Morehead, the founder of Pantera Capital, about the investigation.The New York Times - 4d -
Prominent Cryptocurrency Investor Faces Senate Tax Inquiry
The Finance Committee’s top Democrat sent a letter last month to Dan Morehead, the founder of Pantera Capital, about the investigation.The New York Times - 4d -
HMRC ditches crackdown on private equity tax
UK tax authority rows back on changes to whether limited liability partners can be seen as employeesFinancial Times - 2d -
Labour will have to ditch tax pledges sooner or later
Spending cuts to fund increased defence spending will not impress UK voters and something will have to giveFinancial Times - 1d -
UK Treasury rejects farmers’ inheritance tax compromise
Government will not back down on reforms outlined in Budget, industry told during meeting with officialsFinancial Times - 1d -
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Rangers Have No Excuses Following Unacceptable Loss To Penguins
Here are some takeaways from the Rangers' loss to the Penguins.Yahoo Sports - Feb. 8 -
Shuttering USAID is a win for China and a loss for America
Former Congressman Charles W. Dent argues that dismantling USAID would undermine American security, economic prosperity and geopolitical leadership, and hand a major victory to China, our greatest ...The Hill - Feb. 10 -
Double faults haunt Gauff in Qatar loss to Kostyuk
World number three Coco Gauff loses in 73 minutes to Marta Kostyuk in the second round of the Qatar Open.BBC News - Feb. 11 -
Stones: Latest City loss brings anger, frustration
John Stones admitted he was left feeling "anger and frustration" after Manchester City conceded two late goals to lose 3-2 to Real Madrid on Tuesday.ESPN - Feb. 12 -
Trump Media reports $400 million in 2024 losses
Trump Media & Technology Group is worth almost $7 billion, but the company generated less than $4 million in revenue in 2024, according to a new filing.CNBC - 5d -
'Worst performance': Maresca decries Chelsea loss
Chelsea head coach Enzo Maresca has said "everything" went wrong as his team succumbed to a 3-0 defeat at Brighton on Friday, describing it as the worst performance of his tenure.ESPN - 4d -
Amorim 'not worried' about Utd job despite losses
Manchester United manager Ruben Amorim has insisted he is not worried about the safety his job despite the team slumping to a 12th Premier League defeat of the season at Tottenham Hotspur and ...ESPN - 2d -
Brady Tkachuk exits loss, adds to U.S. injuries
Fresh off a 2-1 loss to Sweden on Monday, a defeat that saw forward Brady Tkachuk exit with a lower-body injury, Team USA downplayed concerns about a handful of key injuries ahead of its 4 Nations ...ESPN - 1d -
Di María on Argentina losses: 'I'm still on meds'
Argentina great Ángel Di María has revealed he continues to take medication to cope with the disappointment and pressure of losing three straight finals with his national team.ESPN - 1d -
Men: Purdue, Kentucky losses are Wisconsin's gain
Let's map out the domino effects in the bracket as we get closer to Selection Sunday.ESPN - 1d -
Arsenal reveal $22M loss after jump in wages
Arsenal have announced a loss of £17.7million ($22.3m) for the year ending May 31 2024.ESPN - 13h -
These Drugs Could Offset the Side Effects of Weight Loss
Fat loss often comes with muscle loss.Inc. - 13h -
How much should you pay to do your taxes? Maybe nothing — if you qualify for free tax prep.
Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free. The IRS also has two different free filing options equipped for these ...MarketWatch - Feb. 8 -
Senate Republicas propose bills to kill EV tax credit, add road repairs tax
Senate Republicans introduced a pair of bills on Wednesday aiming to strip the country of its electric vehicle (EV) tax credits and instead replace it with an obligatory $1,000 tax payment to be ...The Hill - 6d -
Wall Street Prepares to Defend Carried Interest, a Favored Tax Break, Again
President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break that has survived time after time.The New York Times - Feb. 7