Latest in Tax Revenue Declines
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China’s Tax Revenue Declines as Its Leaders Brace for Trump’s Tariffs
Tax revenues have fallen, leaving the government with less money to help consumers or exporters as Beijing braces for President Trump’s tariffs.The New York Times - 4d -
Tax revenue collected by the IRS set to plummet, report says
IRS officials are expecting tax revenue to drop by more than 10% by April 15, the Washington Post reported.CNBC - 2d -
How the IRS can crack down on ghost tax return preparers
Indeed, thousands of tax return preparers systematically subvert the tax return filing process, rob the Treasury of revenue and undermine taxpayers’ faith in the system.The Hill - Mar. 8 -
HMRC probes into unpaid capital gains tax trebled in 2023-24
UK tax agency is under growing pressure from government to increase revenue by improving complianceFinancial Times - Mar. 16 -
These 13 growth stocks are expected to roar back from their declines so far this year
These companies are expected by analysts to increase revenue by at least double the rate of the S&P 500. Their stocks are expected to rise at least 29% over the next 12 months.MarketWatch - Mar. 10 -
How Reinforcing Vision Boosts Employee Performance and Revenue
Energize your employees to increase productivity and revenue.Inc. - 3d -
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OpenAI expects revenue will triple to $12.7 billion this year, source says
OpenAI foresees revenue tripling this year to $12.7 billion, CNBC has confirmed.CNBC - 12h -
Pitt Declines Any Potential Postseason Tournaments
Pitt has declined any potential postseason basketball tournaments following a loss to Notre Dame in the ACC Tournament.Yahoo Sports - Mar. 14 -
Samsung offers 80/20 revenue share for games on the Galaxy Store
Samsung Electronics announced that it will share 80% of revenues and keep 20% for itself for games on the Samsung Galaxy Store.VentureBeat - Mar. 13 -
Women’s Elite Sports Revenues Will Generate More Than $2.35 Billion in 2025
The latest revenue projections reflect global growth of 240 percent over four years, according to a new report.Inc. - Mar. 18 -
Volkswagen expects revenue to grow in 2025, says it feels 'all-American' as tariffs loom
The carmaking giant said it expects to see revenue growth in 2025.CNBC - Mar. 11 -
The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know
The state and local tax deduction could change in 2025 as lawmakers debate Trump's tax cuts. Here's what to know.CNBC - Mar. 12 -
State and local tax deduction could change amid Trump's tax cuts debate. Here's what to know.
As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say.NBC News - Mar. 13 -
Elite women's sports revenue 'set to top £1.8bn in 2025'
Global revenue generated by elite women's sports is predicted to exceed £1.8bn in 2025, with finance experts Deloitte stating the "commercial appeal of women's sport and its athletes has never been ...BBC News - Mar. 18 -
Deloitte predicts global revenues in women’s sport will reach $2.35bn in 2025
Basketball leaps ahead of football and set to hit $1bn But Fifa study shows stark reality facing many clubs Revenues in elite women’s sports are growing significantly faster than previously ...The Guardian - Mar. 18 -
Protecting yourself from tax identity theft
Karla Dennis is an enrolled tax agent with KDA Incorporated, a tax strategy business. She joined CBS News to discuss how to protect yourself from someone stealing your identity and filing a tax ...CBS News - Mar. 11 -
Tencent profit surges 90% as it touts AI revenue boost and ramps up spending
Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue.CNBC - Mar. 19 -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - Mar. 10 -
How the Tax Bill Could Impact Your Wallet
Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security income.The New York Times - Mar. 10 -
How to calculate your Social Security tax obligations
Wondering what you'll pay in taxes on your Social Security benefits? Here's how to do the math.CBS News - Mar. 11 -
The Papers: 'Starmer threatens Putin' and 'council tax soars'
Friday's front pages cover proposals for a Ukraine military deployment and council tax rises.BBC News - 6d -
Should Brits brace for tax rises in the Autumn Budget?
No tax changes in the Spring Statement, but if the search for growth proves fruitless they’ll soon be back on the agendaFinancial Times - 15h -
Judge declines to block DOGE from taking over African development agency
A federal judge on Tuesday declined to block the Department of Government Efficiency (DOGE) from taking over the U.S. African Development Foundation (USADF). U.S. District Judge Richard Leon ...The Hill - Mar. 12 -
The looming budget question: Will Medicaid cuts fund tax cuts?
Republicans should focus tax cuts on middle-income and lower-income households that would provide greater support to the economy than tax cuts for the wealthy.The Hill - Mar. 14 -
Judge declines to temporarily block DOGE takeover of US Institute of Peace
A federal judge on Wednesday declined to temporarily block the Department of Government Efficiency’s (DOGE) takeover of the U.S. Institute of Peace (USIP), after the organization said its power was ...The Hill - Mar. 19 -
Oracle shares turn lower as quarterly revenue miss overshadows cloud deals
Oracle Corp. shares fell in after-hours trading Monday, shaking off an initial gain as investors digested the software giant’s disappointing quarterly revenue, much of it from a cloud-services ...MarketWatch - Mar. 11 -
How to avoid identity theft during tax season
Nearly two-thirds of people worry scammers will steal their personal information to file a fraudulent tax return, according to an Allstate Insurance survey.The Hill - 2d -
Cash in at Tax Time: Here Are the Small Business Tax Benefits of Financing and Leasing Equipment
Whether you finance or lease business equipment and vehicles, there are clear tax benefits unique to both. Here’s what you need to know.Inc. - Mar. 18 -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - Mar. 11 -
The Trump tax cuts don’t have to be paid for
Republicans are trying to pass a bill to cut taxes by $4.5 trillion by reducing government spending by $2 trillion, including cutting Medicaid and SNAP by $800 billion, which would be a bad ...The Hill - 14h -
Barcelona finalise new Spotify Camp Nou deal to unlock fresh revenue stream
Barcelona have been working on a new partnership that is set to bring in additional revenue, with club president Joan Laporta personally overseeing the agreement. According to a report from SPORT, ...Yahoo Sports - Mar. 14 -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
Democrats says "wealthy tax dodgers" could see less IRS scrutiny amid agency layoffs. Here's what to know.CNBC - Mar. 11 -
5 smart tax moves seniors should make before April 15
Seniors who want to ease the stress and expenses that come with tax season should make these moves now.CBS News - Mar. 13 -
Do you have to pay taxes by April 15 if you file an extension?
Filing an extension doesn't necessarily change the date your tax payment is due. Here's why.CBS News - Mar. 17 -
Ethiopia introduces new tax to fill gap after USAID funding pause
Ethiopia’s parliament is introducing a new tax for all workers as part of measures to fill the financial gap left by the USAID funding pauseABC News - 6d -
UK mulls big tech tax changes to avoid US tariffs
Rachel Reeves says talks are "ongoing" about the Digital Services Tax, paid by giants like Amazon.BBC News - 3d -
Tax season is a prime time for scams. Here's how to protect yourself
As Americans file their taxes, scammers are increasing their efforts to steal personal information. Take these steps to protect yourself.CNBC - 1d -
Warning taxes could still rise despite welfare cuts
The chancellor is set to meet her financial rules, but her room for manoeuvre remains tight, leading to speculation over tax rises.BBC News - 15h -
Chiefs’ Xavier Worthy released after Texas DA declines to pursue charges
Kansas City wideout faced third-degree felony charge Worthy was taken in first round of last year’s draft Xavier Worthy was released Saturday after a district attorney in Texas declined to ...The Guardian - Mar. 9