Latest in Tax Rules Wealthy
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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 -
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 -
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 -
Kenya court rules that criminalising attempted suicide is unconstitutional
The judgment has been welcomed as an important shift in perceptions by human rights and mental health groups. A Kenyan judge has declared as unconstitutional sections of the country’s laws that ...The Guardian - 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 -
Italian mayor vows to stop sale of Neapolitan islet to wealthy speculator
Bacoli mayor says his administration wants to buy Punta Pennata and turn it into an ‘open-air museum’. An Italian mayor has vowed to do everything in his power to stop Punta Pennata – a slice of ...The Guardian - 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 -
The Papers: 'Apocalypse' LA and 'Reeves faces extra tax rises'
Wednesday's headlines include wildfires in LA and economists warning of rising government borrowing costs.BBC News - Jan. 9 -
Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.
President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.The New York Times - Jan. 9 -
Meta Rolls Back Hate Speech Rules
Advocates say Meta’s decision to loosen content moderation could lead to serious harms.Inc. - Jan. 8 -
Tax refund delays still plague millions of Americans, report says
Millions of taxpayers continue to struggle with delays in refunds from the IRS, a new tax advocate report says.CBS News - Jan. 8 -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - Jan. 8 -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - Jan. 8 -
LA residents flee as fire engulfs wealthy Palisades enclave
Authorities order evacuations in coastal neighbourhood as strong winds fan flamesFinancial Times - Jan. 8 -
Jokic ruled out for Celtics-Nuggets with illness
Nuggets superstar Nikola Jokic was ruled out of Tuesday night's game against the Celtics because of an illness.ESPN - Jan. 7 -
Bears GM not ruling out trying to trade for coach
When asked Tuesday during his season-ending news conference whether he would consider trading for a head coach, Bears GM Ryan Poles said all options are on the table.ESPN - Jan. 7 -
Biden expands wind and solar tax credit to nuclear, hydropower, geothermal energy
The Biden administration on Tuesday finalized a guidance that expands a tax credit that has historically applied only to wind and solar power to a range of other energy technologies. Under a new ...The Hill - Jan. 7 -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - Jan. 7 -
Are the new personal data rules workable?
Also in this newsletter: India’s forex reserves fall to an eight-month low and Kumar Mangalam Birla’s mantraFinancial Times - Jan. 7 -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - Jan. 6 -
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 -
Trump backs massive single bill for taxes, border and energy
Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.Politico - Jan. 5 -
Faith and fashion: Iranian women revamp hijab rules
Defiance of headscarves accompanied by growing demand for stylish options among those following Islamic republic’s dress codeFinancial Times - Jan. 5 -
Polish wealth managers warn against tax changes for family foundations
Structure was set up in 2023 to encourage money to stay in the countryFinancial Times - Jan. 5 -
Steep costs of Irish reunification deter Dublin despite tax windfall
Ending division between north and south could lead to €20bn bill every year for two decadesFinancial Times - Jan. 5 -
‘He’s 70 and fairly wealthy’: I met the love of my life three years ago. How do I politely ask that he include me in his will?
“His two sons are against any kind of commitment between us, as their dad has had two failed marriages.”MarketWatch - Jan. 4 -
6 Rules for Startup Fundraising
Lessons learned from my startup’s most recent fundraising round.Inc. - Jan. 4 -
DraftKings tests a subscription service as it looks to offset high New York taxes
DraftKings is testing the subscription service in New York, which is tied for the highest tax rate on sports wagering in the country.CNBC - Jan. 3 -
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.The Wall Street Journal - Jan. 3 -
Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - Jan. 3 -
UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - Jan. 3 -
Net neutrality rules defeated
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story FCC's net neutrality rules overturned by court A federal appeals court ruled Thursday the Federal ...The Hill - Jan. 2 -
House to vote on rule making it harder to oust speaker
The threshold that allowed a single member to trigger a no-confidence vote to remove the speaker will be increased to nine members.CBS News - Jan. 1 -
Here are 9 states cutting their individual income taxes on Jan. 1
Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.CBS News - Jan. 1 -
What happens during a transfer window? And are there any rules?
BBC Sport looks at the January transfer window. What happens during a transfer? Who gets the money? When does the window for English clubs open and close?Yahoo Sports - Jan. 1