Latest in Tax Turf War
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House GOP releases budget calling for trillions in cuts to taxes and spending
House Republicans released a budget resolution that calls for cutting taxes by up to $4.5 trillion and sets a goal of slashing federal spending by $2 trillion.NBC News - 1h -
The Fiercest Fighting of the Ukraine War May Be in Russia
The Times interviewed Russian soldiers who said they face a brutal fight to dislodge determined Ukrainian forces from a sliver of Russian land. Trapped civilians fear catastrophe.The New York Times - 1h -
Reform UK sets out plan to tax renewable energy
Deputy leader Richard Tice argues net-zero policies are to blame for higher energy bills in the UK.BBC News - 2h -
Hegseth's blunt message on Ukraine's war with Russia
Defense Secretary Pete Hegseth said that U.S. troops will not be deployed to Ukraine to defend against Russia and is conceding that the U.S. ally's mission to return to its pre-2014 borders is an ...CBS News - 3h -
Inside the House GOP clash over tax cuts
Hardliners are squaring off against their top tax writer as Republicans try to assemble a package President Donald Trump's priorities.Politico - 2d -
Trump’s tariffs and tax plans are inflationary. Voters won’t tolerate it.
Trump can no sooner repeal the law of gravity than change some macroeconomic realities.MarketWatch - 3h -
House Republicans release budget plan, with trillions in tax and spending cuts
House Republicans released a budget resolution on Wednesday, laying a foundation for approving President Trump's agenda.CBS News - 4h -
Does bankruptcy clear tax debt?
Clearing your IRS tax debt by filing for bankruptcy may not be as simple as you think.CBS News - 4h -
A global corporate tax turf war between Trump, the GOP and U.S. allies is brewing
As President Trump threatens a wider trade war on EU and other allies, an obscure global tax battle could be one retaliatory result, and target U.S. business.CNBC - 8h -
Ted Nugent praises Trump's deportations: 'This is war'
The rocker known for "Cat Scratch Fever" appeared during NewsNation's "On Balance" on Tuesday.The Hill - 9h -
Republicans weigh ending Wall Street’s favorite tax break
Republicans are considering doing away with one of Wall Street’s favorite tax breaks at the encouragement of President Trump, one that has long enjoyed Republican support and that could put up yet ...The Hill - 10h -
German war reparations loom large in Polish election
Presidential candidates focus on historical grievances ahead of May voteFinancial Times - 16h -
HMRC ‘vastly underestimating’ UK tax evasion, MPs say
Cross-party committee warns agency is not ‘sufficiently curious’ about scale of illegal practiceFinancial Times - 21h -
Home office deduction: Here's who qualifies and how to claim it on your taxes
The home office deduction could provide a tax break on your 2024 return. Here's who qualifies and how to claim it.CNBC - 23h -
Reeves faces cutting spending or raising taxes as UK growth disappoints
Chancellor’s fiscal headroom has been wiped out, according to preliminary forecasts by watchdogFinancial Times - 23h -
Home equity loan tax deductions: What to remember this tax season
A home equity loan has important tax benefits that users should remember this filing season. Here's what to know.CBS News - 1d -
How do tax extensions work?
It's important to understand what a tax extension does and doesn't do or you could end up making costly mistakes.CBS News - 1d -
New brackets, deductions and credits for taxes
It's tax filing time and if you're working on your 2024 return then you might be seeing changes with brackets, rates and other parts of the tax code. CBS News business analyst Jill Schlesinger has ...CBS News - 1d -
Thinking of not paying taxes? This is what it could cost you.
Penalties and fees could add up for tax protesters, for little impact.MarketWatch - 1d -
There will be no exemptions to new tax on metals, says Trump
The move threatens to have a big impact in Canada, a major source of the metals in the US.BBC News - 1d -
Trump expresses confidence Democrats will help extend tax cuts
President Trump expressed confidence that Democrats will help Republicans extend his 2017-era tax cuts, despite the minority party showing no interest in helping with the president’s agenda. The ...The Hill - 1d -
How long does the IRS give you to pay your taxes?
If you think you'll owe money to the IRS for last year's taxes, here's how long you have to pay what's owed.CBS News - 2d -
Tax season 2025: All the deadlines taxpayers should know
Taxpayers should be aware of the deadlines for this year's tax season to avoid extra fees and penalties.CBS News - 2d -
Trump’s tariffs wars and aid shutdowns are foolish and immoral
All of this madness will lead to increased famine, disease, suffering and economic instability, while handing geopolitical influence to China and Russia.The Hill - 2d -
Hundreds of tractors block Westminster in inheritance tax protest
Farmers from across the UK protesting in London against changes to inheritance tax.BBC News - 2d -
Could a rebellion in eastern Congo widen into a regional war?
Analysts say the deadly march by Rwanda-backed rebels across eastern Congo could widen into a regional conflict drawing in even more countries, and two neighboring nations with the most involvement ...ABC News - 2d -
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1 in 5 taxpayers are missing out on thousands with this tax credit
The IRS estimates one in five eligible taxpayers don't claim the earned income tax credit on their tax returns, missing out on thousands of dollars.The Hill - 2d -
Ukraine war briefing: Trump plan to end war must include security guarantees, Zelenskyy says
Ukrainian president says he would be ready for talks in any format if he has ‘an understanding that America and Europe will not abandon us’. What we know on day 1,083. See all our Ukraine war ...The Guardian - 2d -
Poor customer service hitting trust in UK tax authority
Both individuals and most businesses have lost faith in HMRC, spending watchdog findsFinancial Times - 2d -
Delaware Law Has Entered the Culture War
Elon Musk has helped bring an esoteric debate around the Delaware Chancery Court to a national stage. Now Dropbox and Meta are contemplating moving their incorporation away from the state.The New York Times - 4d -
How much should you pay to do your taxes? Maybe nothing — if you qualify for free tax prep.
Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free. The IRS also has two different free filing options equipped for these ...MarketWatch - 4d -
How War Has Wreaked Havoc on Ukraine’s Classrooms
Students have been forced to attend classes underground or online, especially in regions near the front line. Experts say that Ukrainian children are falling behind as a result, academically and ...The New York Times - 4d -
Tech vs finance: the social wars
No longer the most powerful profession, finance still provides better companyFinancial Times - 4d -
Graham's plan for Trump tax cuts
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Graham rolls out plan to tackle Trump agenda Senate Budget Committee Chair ...The Hill - 4d -
Wall Street Prepares to Defend Carried Interest, a Favored Tax Break, Again
President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break that has survived time after time.The New York Times - 5d -
How Ukrainian artists channeled their creativity into documenting war
When Russia escalated attacks on Ukraine, a trio of artists found creative expression in documenting war — with help from an American filmmaker.Los Angeles Times - 6d -
Tariff Uncertainty Taxes the Auto Industry
For some in the car industry, the uncertainty surrounding a US-border trade war is almost worse than the tariffs themselves. If the tariffs go through, the costs might get passed down to buyers.Wired - 6d
