Uncertainty Taxes Auto

Warren questions Trump IRS nominee's experience, promotion of tax credit

Sen. Elizabeth Warren (D-Mass.) voiced concerns about President-elect Trump’s nominee to lead the Internal Revenue Service (IRS) on Wednesday, pressing him for answers about his previous experience ...

The Hill - Jan. 9

Uncertainty Over Trump’s EV Policies Clouds 2025 Forecast for Carmakers

Possible tariffs and an end to a $7,500 tax credit are only two factors that could affect automakers’ plans as the new administration assumes power.

Inc. - Jan. 9

IRS: Missing final 2024 quarterly estimated tax payment could trigger 'unexpected penalties'

The fourth-quarter estimated tax payment for 2024 is Jan. 15. Here's how to avoid "unexpected penalties," according to the IRS.

CNBC - Jan. 9

Under Shadow of Planned Tariffs, Auto Suppliers Rethink Production Plans

From the sidelines of CES 2025, global car parts suppliers ponder the consequences of Trump’s threatened import duties.

Inc. - Jan. 9

Canadiens Players Hit Hardest By Taxes

The Hockey News had a tax expert produce tax returns for player earning $3 million USD in all 32 markets and the data shows the Canadiens' player really are hit the hardest by taxes.

Yahoo Sports - Jan. 9

Tax lessons for governments from Henry George

The 19th-century political economist understood that the whole of society should benefit from outsized profits

Financial Times - Jan. 9

The Papers: 'Apocalypse' LA and 'Reeves faces extra tax rises'

Wednesday's headlines include wildfires in LA and economists warning of rising government borrowing costs.

BBC News - Jan. 9

Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.

President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.

The New York Times - Jan. 9

UK recruiters report fresh slowdown in hiring as planned tax rises bite

Survey results will heighten investor concerns over stagflation threat in economy

Financial Times - Jan. 9

Tax refund delays still plague millions of Americans, report says

Millions of taxpayers continue to struggle with delays in refunds from the IRS, a new tax advocate report says.

CBS News - Jan. 8

Gingrich urges Trump, GOP to pass tax cuts in 'one big, beautiful bill'

Former Speaker Newt Gingrich (R-Ga.) encouraged President-elect Trump and Republicans to pass tax cuts as part of a single wide-ranging reconciliation bill, arguing that the GOP’s narrow House ...

The Hill - Jan. 8

Trump’s push for SALT tax reform threatened by hardline GOP budget hawks

The path of least resistance could be $5 trillion in new government debt.

MarketWatch - Jan. 8

3 reasons Trump keeps floating U.S. control of Greenland — including one tied to tax cuts

Here’s why President-elect Donald Trump keeps talking about one idea from his first term in office — getting control of Greenland, the giant territory controlled by Denmark.