Latest in Tax Scheme
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How to spot a dodgy tax scheme like the one that tripped Dettori
HMRC’s pursuit of racing star is an indication of its renewed attention on avoidanceFinancial Times - 5d -
‘Tax exile’s half-baked scheme’: Jim Ratcliffe challenged over Man Utd plan to use public funds for £2bn stadium project
Club co-owner’s request for hundreds of millions of pounds to help regenerate local area labelled ‘outrageous’ by critics. Jim Ratcliffe, the co-owner of Manchester United, has been challenged over ...The Guardian - 5d -
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Customs employee accused of scheme to defraud FEMA
A U.S. Customs and Border Protection (CBP) employee was accused of a scheme to defraud the Federal Emergency Management Agency (FEMA), the Department of Justice (DOJ) said in a Wednesday release. ...The Hill - Mar. 13 -
'I could lose £100K despite Woodford investment fund redress scheme'
People who lost savings from a collapsed investment fund say a redress scheme has let them down.BBC News - 3d -
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 -
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 -
Amazon AI scammers duped investors out of millions with 'passive income' scheme, FTC alleges
The Federal Trade Commission is going after an e-commerce company that allegedly took millions of dollars from consumers as part of a “passive income” scheme, which spun up Amazon storefronts on ...NBC News - Mar. 18 -
Jury convicts alleged ringleader of massive pandemic food fraud scheme on all counts
A jury has found the alleged ringleader of a massive pandemic fraud case in Minnesota guilty on all counts for her role in a scheme that federal prosecutors say stole $250 million from a program ...ABC News - Mar. 19 -
Jury convicts alleged ringleader of massive pandemic food fraud scheme on all counts
A jury has found the alleged ringleader of a massive pandemic fraud case in Minnesota guilty on all counts for her role in a scheme that federal prosecutors say stole $250 million from a program ...ABC News - Mar. 19 -
Jury convicts alleged ringleader of massive pandemic food fraud scheme on all counts
A jury has found the alleged ringleader of a massive pandemic fraud case in Minnesota guilty on all counts for her role in a scheme that federal prosecutors say stole $250 million from a program ...ABC News - 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 - 1d -
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 -
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 -
Sydney caravan a ‘fake terrorism plot’ and antisemitic attacks a scheme to divert police resources, authorities allege
‘The caravan plot was an elaborate scheme contrived by organised criminals domestically and from offshore,’ AFP deputy commissioner Krissy Barrett says. Get our breaking news email , free app ...The Guardian - Mar. 10 -
Former lawmaker says Trump pardoned him 2 weeks into campaign finance scheme sentence
President Trump pardoned a former Tennessee Republican lawmaker who was two weeks into his 21-month prison sentence for a campaign finance scheme. Former state Sen. Brian Kelsey announced his ...The Hill - Mar. 13 -
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 - 3d -
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 -
Elon Musk was right — Social Security is a Ponzi scheme
Social Security is unsustainable. The rare, brave soul who admits this truth can expect to suffer the consequences.The Hill - Mar. 12 -
Lutnick touts Musk’s Starlink for US broadband scheme
Commerce secretary urges officials to consider Trump adviser’s satellite connection for rural householdsFinancial Times - 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 - 1d -
'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 -
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 -
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 - Mar. 20 -
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 - 5d -
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 - 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 - 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 - 2d -
Why Rachel Reeves may have to raise UK taxes in October
The chancellor is on track to meet her own fiscal rules, so why is there talk of tax rises in the autumn?BBC News - 9h -
Why Rachel Reeves may have to raise UK taxes in October
The chancellor is on track to meet her own fiscal rules, so why is there talk of tax rises in the autumn?BBC News - 9h -
These tax errors could delay your refund
We're less than a month out from tax day and if you still haven't filed there are some common mistakes you should try to avoid to make sure you get your refund in a timely fashion. Medora Lee, ...CBS News - Mar. 18 -
GOP senator says 'tariffs is a tax' and Trump understands 'completely'
A GOP senator says President Trump's tariffs are a tax on American consumers, and Trump knows but the goal is to create open markets and long-term fairnessThe Hill - Mar. 13