Latest in Tax Soars
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‘Be careful about this’: Warnings abound as GOP considers writing off tax cuts
Republicans will discuss the accounting maneuver with President Donald Trump on Thursday.Politico - Mar. 12 -
‘A horrible situation’: the entrepreneurs caught in R&D tax credit debacle
Small businesses owners have been targeted in HMRC crackdownFinancial Times - Mar. 14 -
Republicans in Congress weigh tax increase for top university endowments
Elite US schools including Harvard, Stanford and Princeton could see levies on investment gains raised as high as 21%Financial Times - Mar. 15 -
The Republicans Pushing Trump to Save Biden’s Clean Energy Tax Credits
Despite President Trump’s rollback of climate policy, some Republicans and business leaders say clean energy can help his “energy dominance” agenda.The New York Times - Mar. 17 -
A record 51 films chosen for California film and TV tax credit program
The projects are expected to generate almost $580 million in economic activity and employ more than 6,000 people, according to the California Film Commission.Los Angeles Times - 6d -
Tax relief for cash Isa savers rose to £2.1bn last year
Cost to the UK Treasury rises 30-fold in two years due to rising interest rates and frozen thresholdsFinancial Times - 6d -
Higher medicine sales tax makes UK ‘uninvestable’, drugmakers warn
Industry lobby group calls for action from government ahead of summit in AprilFinancial Times - 6d -
Tourist tax money sought for potential Jacksonville Jaguars games in Orlando
Florida Citrus Sports will present its plans for Camping World Stadium to serve as temporary host site for the Jacksonville Jaguars to an Orange County sports incentive board.Yahoo Sports - 5d -
April 1 is the last chance for some retirees to avoid a 25% tax penalty
If you turned 73 in 2024, the deadline for your first required minimum distribution is April 1. Here's what retirees need to know.CNBC - 5d -
UK should not cave in to Trump’s ‘bullying’ over tech tax says Davey
Lib Dem leader warns US president is ‘an unreliable ally’Financial Times - 4d -
UK looks at cutting digital services tax to avoid Trump tariffs
US ambassador Lord Peter Mandelson signals that a variety of options are on the tableFinancial Times - 4d -
How to gift your way to a lower inheritance tax bill
As IHT bills hit a record high, financial planners recommend consumers plan before the rules change from 2027Financial Times - 3d -
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 - 3d -
Starmer is warned against ‘appeasing’ Trump with tax cut for US tech firms
Labour MP and Lib Dem leader express concern social media companies could be let off hook just as benefits are cut. Keir Starmer has been warned against “appeasing” Donald Trump as he considers ...The Guardian - 2d -
IRS-ICE near agreement to share tax data for deportations: Report
This would mark a significant shift in longstanding IRS policy, which has traditionally kept taxpayer information strictly confidential.The Hill - 1d -
Australia unveils unexpected tax cuts in pre-election budget
Labor sets out measures to alleviate cost of living pressureFinancial Times - 13h -
Tesla Stocks Tumble as Elon Musk’s Political Role Grows More Divisive
The automaker’s shares soared after Election Day as Elon Musk took a high-profile role as a Trump adviser. Now those gains have evaporated.The New York Times - Mar. 12 -
The Hottest New York Side Hustle? Selling Eggs
Soaring egg prices at the start of the year have led some founders to expand their business offerings–even if they’re working in completely different sectors.Inc. - Mar. 15 -
The sudden, surprising rise of beard transplants: ‘This industry is a wild west’
Demand for facial hair surgery is soaring – despite the dangers that lurk in an unregulated industry. Are the risks worth it for the chance of a thicker, fuller beard?. Of all the teenage anxieties ...The Guardian - 19h -
Reeves delays plan to reform cash Isas until after Spring Statement
City executives have urged chancellor to lower cap on tax-free savingsFinancial Times - Mar. 12 -
Beware America’s fake fiscal conservatives
Republicans are indulging in budgetary chicanery in order to preserve Trump’s tax cutsFinancial Times - Mar. 13 -
Government shutdown odds rise. Here’s what it means for markets and your wallet.
Americans may face tax-refund delays and long waits at airports.MarketWatch - Mar. 13 -
UK trade minister seeks to fend off threat of US tariffs
Britain’s digital services tax set to remain point of dispute at Washington meetingFinancial Times - Mar. 18 -
What Oil Executives Want From President Trump
Tariffs, tax credits and deregulation are among the industry’s top priorities.The New York Times - 6d -
Hungary breaks with the EU by seeking to turn Ukraine into ‘buffer zone’
Also in this newsletter: Brussels’ plan to tighten carbon border taxesFinancial Times - 5d -
This retirement account is an ‘IOU to the IRS’ — but here’s when it makes sense, expert says
Your pre-tax IRA is subject to future income taxes, depending on your bracket. But it could offer planning opportunities, experts say.CNBC - Mar. 14 -
Roth conversions are the retirement version of ‘buy the dip’
When stocks fall, it can be a good time to get money out of tax-deferred accounts to avoid a ticking tax time bomb.MarketWatch - Mar. 17 -
Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – business live
Volatility soars and shares slide after Beijing imposes tariffs on imports of agricultural goods from America. Analysts at investment bank Jefferies remain optimistic about the prospects for the ...The Guardian - Mar. 10 -
Why China Is Worried About Trump’s Tariffs on Mexico
China’s exports to developing markets have soared, opening indirect routes to the U.S. market that officials in Beijing worry may be closed under pressure from President Trump.The New York Times - Mar. 14 -
‘As long he is breathing, I’m not safe’: romance fraud victim flees UK after jailed conman is freed
As cases of romance fraud soar by 27%, tricked woman tells of her £115,000 ordeal. The first time Yvonne met Gary Rogers he arrived at her house in a shiny black Range Rover smelling of Armani Code ...The Guardian - Mar. 15 -
Trump’s Moves Are Boosting Stocks … Overseas
For years, the S&P 500 soared above the stock indexes of other countries. But since Trump’s inauguration, it has fallen 6 percent and is now trailing major markets in Europe and China.The New York Times - Mar. 16 -
Guess could become the next fashion company to go private after stock price halves in a year
Guess Inc.’s stock soared 30% on Monday after the maker of clothing, footwear and accessories said it received an offer from New York-based investment company WHP Global to take it private for $13 ...MarketWatch - Mar. 18 -
Stop-and-search, fire ants and stinging nettles: doling out justice to illegal miners in Peru’s Amazon
As gold prices soar and with little help from the national government, the Indigenous Wampis are taking action to stop their land from being polluted and plundered. René Amuan Santiago Tí remembers ...The Guardian - 1d -
Ireland could lose pharma tax to US after Trump accusations, experts warn
Predictions that US firms could retain manufacturing plants in Ireland but move profits back to America. US pharmaceutical companies based in Ireland are more likely to shift profits back to the US ...The Guardian - Mar. 13 -
These tax cuts and benefits could help caregivers in crisis — can they get through Congress?
The financial burden of caring for ailing loved ones could be eased through two bipartisan legislative proposals introduced this week.MarketWatch - Mar. 14 -
Trump’s tariffs will be paid by the poor – while his tax cuts help the rich | Robert Reich
The math doesn’t work in the president’s economic promises, which will create a giant upward transfer of wealth. Donald Trump apparently believes his tariffs will bring so much money to the US ...The Guardian - Mar. 15 -
AstraZeneca to invest $2.5 billion in Beijing hub as it looks beyond Chinese tax probe
British pharmaceutical giant AstraZeneca announced on Friday that it will invest $2.5 billion in a research and development center in the Chinese capital.CNBC - 4d -
UK looks at ways to soften impact of its digital tax on US tech groups
Washington has told London it must change the levy to win carve-out from reciprocal tariffsFinancial Times - 1d -
GOP rallies behind debt limit hike in Trump tax bill, speedy timeline
Top Republican lawmakers emerged from a meeting at the Treasury Department on Tuesday saying the House and Senate are moving closer together on key aspects of how to unlock President Trump’s ...The Hill - 44m