Latest in Tax Trap
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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 - 1h -
At least 9 miners are trapped in a coal mine in India's northeastern Assam state
At least nine workers are trapped inside a coal mine in India’s northeastern Assam state and authorities have summoned the army to help in the rescue operationABC News - 7h -
'Mob' of college students attack man in 'To Catch a Predator'-like trap, police say
Six college students in Massachusetts were accused of luring an active-duty service member whom they falsely described as a sexual predator to their campus, where a group of more than two dozen ...NBC News - 12h -
Malachi Nelson, Jaden Rashada stand as cautionary tales for ultra-hyped QBs who fall into transfer portal trap
Figuratively speaking, Nelson is about as far from USC as humanly possible after two yearsCBS Sports - 1h -
How soon can you file your 2024 income-tax return? Here’s your 2025 tax-season road map.
Tax season is just around the corner and it’s never too early to get startedMarketWatch - 5h -
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 - 7h -
LA tech entrepreneur nearly misses flight after getting trapped in robotaxi
Mike Johns’ self-driving car started circling a parking lot, but he recognizes there are ‘glitches that need stitches’. A tech entrepreneur based in Los Angeles became trapped in a malfunctioning ...The Guardian - 17h -
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 - 1d -
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 - 1d -
From dry Jan to filing your tax return: Edith Pritchett’s week in Venn diagrams – cartoon
Continue reading...The Guardian - 1d -
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 - 1d -
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 - 2d -
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 - 2d -
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 - 3d -
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 - 3d -
Trump says Britain is 'making a very big mistake' with windfall tax on North Sea oil producers
U.S. President-elect Donald Trump on Friday called on Britain to "open up" the North Sea and get rid of "windmills."CNBC - 3d -
Trump blasts UK energy policy and ‘windmills’ after company blames windfall tax for less drilling
President-elect Trump is criticizing the United Kingdom’s energy policy and saying it should get rid of windmills after a company blamed the country’s windfall tax for its early exit from drilling ...The Hill - 3d -
Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - 4d -
UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - 4d -
Sanders gets Finance perch to push Social Security, Medicare expansion, tax reform
Sen. Bernie Sanders (I-Vt.), who supports expanding Social Security and Medicare and raising taxes on the wealthy, will get a seat on the Senate’s powerful Finance Committee, which has jurisdiction ...The Hill - 4d -
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 - 5d