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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 -
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 -
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 -
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 -
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 - 11h -
HMRC ‘vastly underestimating’ UK tax evasion, MPs say
Cross-party committee warns agency is not ‘sufficiently curious’ about scale of illegal practiceFinancial Times - 22h -
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 -
UK and US refuse to sign international AI declaration
It follows a warning from US Vice-President JD Vance that excessive regulation could "kill a transformative industry."BBC News - 1d -
UK interest rates are too restrictive
But uncertainty and a rise in near-term inflation warrants a cautious approach to cutsFinancial Times - 1d -
Chair of UK’s financial ombudsman to step down
Baroness Zahida Manzoor called for ‘radical’ shake-up of rules after the sudden departure of agency’s chief executiveFinancial Times - 1d -
UK not planning to hit back at US on steel tariffs
Trade Minister Douglas Alexander said the UK would not have "a knee-jerk reaction" but "a clear-headed" response.BBC 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 -
UK apprentices will not need maths or English qualifications
New rules aim to plug skills gaps in key industries and drive economic growthFinancial Times - 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 -
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 -
UK banks to detail IT failures after Barclays outage
MPs on Treasury select committee request information from past two yearsFinancial Times - 2d -
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 -
Reform Isas to boost UK economic growth
It is high time the tax system encouraged more economically productive behaviour than parking funds in a cash accountFinancial Times - 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 -
Ministers claim success in crackdown on illegal working in the UK
Home secretary to release videos of people being deported as Labour tries to blunt attacks by Reform UKFinancial Times - 2d -
UK property yields little cheer for landlords
Latest-quarter data shows the first dip in rental prices outside London since the pre-pandemic eraFinancial Times - 3d -
Bloodied Chisora beats Wallin in UK finale
Heavyweight Derek Chisora proves too much for Otto Wallin, picking up a unanimous points victory in his final fight in the UK.BBC News - 3d -
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 -
'UK's most romantic village' prepares for Valentine's Day
The small village is famed across the world for its unique postal service.BBC News - 4d -
The Papers: 'Trump wants UK tax cuts for tech giants' and 'hands off our ISAs'
A warning that axing ISAs could "trigger a mortgage crisis" is one of the stories on Saturday's fronts.BBC News - 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 -
UK demands access to Apple users' encrypted data
The Home Office served the notice to the tech giant under the Investigatory Powers Act.BBC News - 5d -
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 -
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