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Okta pops more than 24% on strong earnings and guidance beat, posts best day in more than two years
Okta shares soared on Tuesday after the identity and access management company delivered strong fourth-quarter earnings and beat on guidance.CNBC - 1d -
CrowdStrike slumps more than 6% on weak earnings outlook, overhang from outage costs
CrowdStrike shares dropped 6% after it issued weak earnings guidance and signaled ongoing pressure from its global IT outage in July.CNBC - 12h -
Marvell’s stock sinks on earnings, showing Wall Street’s harsh view of AI plays
Marvell beat expectations with its latest quarterly results and outlook, but that wasn’t enough to lift the stock.MarketWatch - 7h -
From weather apps to taxes: the trickle-down effects of Trump’s federal worker firings
Gutting of workforce will have far-reaching consequences as advocates warn of playing ‘Russian roulette’ with safety. You wake up to dark clouds outside, so you check the weather on your phone: a ...The Guardian - Feb. 20 -
Trump’s Plan to Kill Social Security Benefit Tax Could Accelerate Its Insolvency
Social security is already in danger. President Trump’s plan to get rid of income taxes on the benefit won’t save it. In fact, it’ll probably do the opposite.Inc. - Feb. 20 -
IRS employee among those fired by Trump during tax season speaks out
President Trump is eliminating more than 6,700 at the Internal Revenue Service at the height of tax season. Nancy Cordes looks at the impact of the cuts on the workers and Americans who depend on ...CBS News - Feb. 21 -
Trump’s IRS layoffs have some Americans asking: ‘Why bother’ filing taxes this year?
Accountants say some clients are wondering if they should blow off their taxes amid IRS cutbacks.MarketWatch - Feb. 22 -
Will your tax preparer save you money or make costly mistakes? Look for these red flags.
How to make sure you get what you pay for.MarketWatch - Feb. 22 -
Trump Just Fired 6,700 I.R.S. Workers in the Middle of Tax Season. That’s a Huge Mistake.
The Trump administration’s decision to fire over 6,000 I.R.S. workers will make the government less effective and less efficient, not more.The New York Times - Feb. 24 -
This tax break for lower-income retirement savers is a 'well-kept secret,' expert says
The retirement savings contributions credit, or saver's credit, can help offset funds added to retirement accounts. But most taxpayers don't claim it.CNBC - Feb. 24 -
Look at Donald Trump and his gang of broligarchs – and tell me we don’t need a wealth tax | Brian Cox
I played a fictional billionaire on TV. It’s time world leaders got serious about taxing the real ones. Brian Cox played Logan Roy in HBO’s Succession and is a supporter of Patriotic Millionaires ...The Guardian - Feb. 25 -
Intuit shares jump after results top estimates amid key tax season
Tax-preparation software provider Intuit on Tuesday reported quarterly results that topped Wall Street’s estimates, while forecasting third-quarter sales that were also above expectations.MarketWatch - Feb. 26 -
Slashing Medicaid to Pay for Trump’s Tax Cuts Could Lead to Vast State Shortfalls
Republicans have proposed lowering the federal share of costs for Medicaid expansions, which could reshape the program by gutting one of the Affordable Care Act’s major provisions.The New York Times - Feb. 26 -
Inside Republicans' budget plan that extends Trump tax cuts, potentially threatens Medicaid
After a lot of back-and-forth on Tuesday night, House Republicans were able to narrowly adopt a budget resolution that would advance President Trump's agenda. The proposal passed in a 217-215 vote. ...CBS News - Feb. 26 -
Thinking of not filing your tax return amid IRS cutbacks? Penalties can be costly, experts say
As the IRS faces cutbacks, some taxpayers are weighing whether to file returns this season.NBC News - 6d -
Thinking of not filing your tax return amid IRS cutbacks? Penalties can be costly, experts say
As the IRS faces cutbacks, some taxpayers are weighing whether to file returns this season. But penalties can be costly, experts say.CNBC - 6d -
Republicans consider major budget change to obscure deficit impact of extending Trump's tax cuts
WASHINGTON — Republicans are considering a far-reaching change to the budget process that would obscure the deficit impact of extending President Donald Trump’s multitrillion-dollar tax cuts in ...NBC News - 5d -
Homeowners can get a tax break worth thousands of dollars—see if you're eligible
For a median-sized loan, some homeowners could claim over $20,000 in tax deductions when filing this year.CNBC - 5d -
Tax breaks, child care and free college: How a Kansas town is enticing people to move there
Neodesha, Kansas, is trying a new way to get people to relocate. Residents may qualify for tax breaks and student loan repayment assistance among other perks.CNBC - 4d -
Email shows that Musk ally is moving to close office behind free tax filing program at IRS
Program is apparently being closed according to email from former Tesla engineer installed in GSA. An Elon Musk ally installed in the US government said in a late night email going into Saturday ...The Guardian - 4d -
If you have a side hustle, start this simple habit now to make filing your taxes easier, CPA says
If you have a side hustle, keeping good records throughout the year can save you a headache come tax time.CNBC - 3d -
The Guardian view on a tax war: the world must unite against American obstruction | Editorial
Donald Trump’s threats to global tax reform have backfired, leaving the US isolated as nations push ahead with a new UN tax convention. Donald Trump’s Oval Office tirade on Friday laid bare his ...The Guardian - 3d -
Drugmakers prepare to sue EU over tax to pay for waste water clean-up
Pharma and cosmetics industries want other sectors to contribute ‘fair share’ towards cost of removing pollutantsFinancial Times - 3d -
'Reverse Robin Hood scam' or windfall for middle class? Lawmakers debate Trump tax plan extensions
Democrats and Republicans are making competing claims about how extending tax cuts from Trump's first term would benefit the rich and poor.CNBC - 2d -
Warren Buffett calls Trump's tariffs a tax on goods, says 'the tooth fairy doesn't pay 'em'
"Tariffs are actually, we've had a lot of experience with them. They're an act of war, to some degree," Buffett said.CNBC - 2d -
Here’s what Warren Buffett thinks of Trump’s tariffs: ‘Over time, they are a tax on goods.’
Billionaire investor Warren Buffett likened tariffs to an “act of war” and said that over time they will act as a tax on goods.MarketWatch - 2d -
UK proposes North Sea tax plan to peg payments to oil and gas prices
Consultation will explore mechanism that would replace controversial ‘windfall tax’ after 2030Financial Times - 21h -
Mets lead MLB in 2024 payroll for third straight year with $333M; Yankees outspend Dodgers before luxury tax
Nine teams paid luxury tax penalties in 2024CBS Sports - 16h -
DOGE Could Cut the IRS in Half. What Does That Mean for Your Tax Filings?
New reports indicate that Elon Musk may hit the agency with a second round of mass layoffs, and that audits could be abandoned amid the diminished headcount.Inc. - 11h -
Walmart's worst week since 2022: Retailer's former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Walmart is coming off a tough week after delivering a slowing profit growth forecast.CNBC - Feb. 22 -
‘She’s bleeding her retirement dry’: My friend earns $9 an hour, but wastes money on vacations and massages. What can I do?
‘She blew through her inheritance fast and paid for the down payment on her car with credit cards’MarketWatch - Feb. 23 -
Utah runs away from Arizona State in 2nd half, earn first win under interim coach Eilert, 99-73
Ezra Ausar scored 25 points and Utah put up 58 points in the second half to pull away from Arizona State to earn its first win under interim coach Josh Eilert, 99-73ABC News - 4d -
You can still claim up to $2,000 per kid from the child tax credit, but that amount may drop after 2025—here's what to know
If Congress doesn't address the soon-expiring expanded child tax credit, parents could see a higher tax bill in the coming years.CNBC - Feb. 25 -
I’m 50, earn $172K a year and married, yet I’m still living paycheck-to-paycheck. My family want me to return home. What should I do?
“I have a $154,800 401(k) and a house worth $453,900 with $323,400 on the mortgage.”MarketWatch - 5d