Latest in Taxes Spring Statement
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The Papers: 'Biggest cuts since austerity' and 'evil' family killer
Thursday's front pages look ahead to the forthcoming Spring Statement and share details from a murderer's sentencing.BBC News - Mar. 20 -
UK government borrowing overshoots expectations
Official figures will add to pressure on chancellor as she prepares for Spring Statement next weekFinancial Times - 6d -
Government borrowing higher than expected as pressure builds on Reeves
The latest figures for the UK economy add pressure on Chancellor Rachel Reeves ahead of her Spring Statement next week.BBC News - 6d -
The Papers: 'Reeves risks union war' and 'Pontiff's progress'
A mix of stories - including Reeves' Spring Statement and the Pope's recovery - lead the front pages on Monday.BBC News - 3d -
‘Not being Liz Truss’ does not a growth strategy make
In rushing its fiscal fences, the Spring Statement risks otherwise well-meaning reform being botchedFinancial Times - 9h -
‘Not being Liz Truss’ does not a growth strategy make
In rushing its fiscal fences, the Spring Statement risks otherwise well-meaning reform being botchedFinancial Times - 9h -
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 -
How did Rachel Reeves make her sums add up?
BBC Verify's Ben Chu looks at how the Chancellor managed to stick to her fiscal rules in the Spring Statement, despite a jump in borrowing costs for the Government.BBC News - 1d -
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 -
Bill Chisholm, Wyc Grousbeck release individual statements on the sale of Celtics
Both Wyc Grousbeck and Bill Chisholm released statements on sale of the Boston Celtics.Yahoo Sports - Mar. 21 -
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 -
The University of California Will Stop Requiring Diversity Statements in Hiring
The statements had risen in popularity as colleges sought to improve campus culture, but they drew criticism from conservatives who argued they were a political test.The New York Times - Mar. 20 -
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 -
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 -
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 -
Court in tears as John Hunt reads powerful statement to family’s killer
The racing commentator directs his victim statement to the man who murdered his wife and two daughters.BBC News - Mar. 11 -
Big 12 Commissioner Yormark offers statement on West Virginia snub
Brett Yormark is the latest that has offered up a statement on West Virginia being snubbed for the NCAA Tournament.Yahoo Sports - Mar. 17 -
Browns: Haslams lambast City of Cleveland in new stadium statement
The Haslam family released a not-so-friendly statement about the City of Cleveland in their new stadium updateYahoo Sports - Mar. 19 -
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 -
UK economy shrinks in January; stocks and euro jump on German debt deal – as it happened
UK economy unexpectedly contracts by 0.1% in January in blow to the chancellor ahead of spring statement; Friedrich Merz declares: ‘Germany is back’. Let’s look at the GDP figures in more detail.. ...The Guardian - Mar. 14 -
All UK families ‘to be worse off by 2030’ as poor bear the brunt, new data warns
Keir Starmer has been dealt a fresh blow to his living standards pledge in advance of the spring statement. . Living standards for all UK families are set to fall by 2030, with those on the lowest ...The Guardian - 5d -
Britons cutting back on spending as confidence in economy falls, survey shows
Most feel financial secure but think UK’s economy is worsening, as chancellor plans welfare cuts in spring statement. Consumers are cutting back spending on everyday items amid falling confidence ...The Guardian - 2d -
Rachel Reeves is all about growth. So why won’t she admit that Brexit is its worst enemy? | Polly Toynbee
Our exit from the EU won’t be a focus of the spring statement, but it should be. Most now accept the need for closer ties . As the chancellor ekes out every last billion this week, it’s worth ...The Guardian - 2d -
This government has one last chance to take a progressive path. Otherwise, we’re at the point of no return | John McDonnell
In her spring statement, I urge Rachel Reeves to look beyond short-term economic stability – and towards tackling long-term inequality. If someone read out the following list of policies, which ...The Guardian - 2d -
$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 - 8h