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IRS employee among those fired by Trump during tax season speaks out
President Trump is eliminating more than 6,700 at the Internal Revenue Service at the height of tax season. Nancy Cordes looks at the impact of the cuts on the workers and Americans who depend on ...CBS News - 6d -
Trump’s IRS layoffs have some Americans asking: ‘Why bother’ filing taxes this year?
Accountants say some clients are wondering if they should blow off their taxes amid IRS cutbacks.MarketWatch - 6d -
Will your tax preparer save you money or make costly mistakes? Look for these red flags.
How to make sure you get what you pay for.MarketWatch - 5d -
Trump Just Fired 6,700 I.R.S. Workers in the Middle of Tax Season. That’s a Huge Mistake.
The Trump administration’s decision to fire over 6,000 I.R.S. workers will make the government less effective and less efficient, not more.The New York Times - 4d -
This tax break for lower-income retirement savers is a 'well-kept secret,' expert says
The retirement savings contributions credit, or saver's credit, can help offset funds added to retirement accounts. But most taxpayers don't claim it.CNBC - 3d -
Look at Donald Trump and his gang of broligarchs – and tell me we don’t need a wealth tax | Brian Cox
I played a fictional billionaire on TV. It’s time world leaders got serious about taxing the real ones. Brian Cox played Logan Roy in HBO’s Succession and is a supporter of Patriotic Millionaires ...The Guardian - 3d -
Intuit shares jump after results top estimates amid key tax season
Tax-preparation software provider Intuit on Tuesday reported quarterly results that topped Wall Street’s estimates, while forecasting third-quarter sales that were also above expectations.MarketWatch - 2d -
Slashing Medicaid to Pay for Trump’s Tax Cuts Could Lead to Vast State Shortfalls
Republicans have proposed lowering the federal share of costs for Medicaid expansions, which could reshape the program by gutting one of the Affordable Care Act’s major provisions.The New York Times - 1d -
Inside Republicans' budget plan that extends Trump tax cuts, potentially threatens Medicaid
After a lot of back-and-forth on Tuesday night, House Republicans were able to narrowly adopt a budget resolution that would advance President Trump's agenda. The proposal passed in a 217-215 vote. ...CBS News - 1d -
Thinking of not filing your tax return amid IRS cutbacks? Penalties can be costly, experts say
As the IRS faces cutbacks, some taxpayers are weighing whether to file returns this season.NBC News - 23h -
Thinking of not filing your tax return amid IRS cutbacks? Penalties can be costly, experts say
As the IRS faces cutbacks, some taxpayers are weighing whether to file returns this season. But penalties can be costly, experts say.CNBC - 23h -
You can still lower your 2024 tax bill or boost your refund with these moves
There's still time to lower your 2024 tax bill or boost your refund with these three strategies, experts say. Here's what to know.CNBC - 21h -
Republicans consider major budget change to obscure deficit impact of extending Trump's tax cuts
WASHINGTON — Republicans are considering a far-reaching change to the budget process that would obscure the deficit impact of extending President Donald Trump’s multitrillion-dollar tax cuts in ...NBC News - 7h -
Homeowners can get a tax break worth thousands of dollars—see if you're eligible
For a median-sized loan, some homeowners could claim over $20,000 in tax deductions when filing this year.CNBC - 2h -
US politics briefing: Trump administration warns Kyiv and picks up court win in mass firings case
From the Trump administration’s latest moves abroad and in the US – here are the key US politics stories from Thursday at a glance. Thursday saw a judge rule that the Trump administration can ...The Guardian - Feb. 21 -
Starmer warns cabinet about Blairism — while bringing in New Labour era staff
Prime minister’s note to ministers repudiates older views on globalisation and immigrationFinancial Times - Feb. 21 -
Warning of economic uncertainty as Walmart stocks tumble after retailer lowers sales outlook
CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to analyze a possible sign that the economy could slip back this year due to lower consumer spending. Walmart's yearly sales ...CBS News - Feb. 21 -
Long-term effects of Gaza war could quadruple Palestinian death toll, warn UK doctors
Surgeons who worked in Gaza fear disease, malnutrition and eradication of healthcare will reverberate for decades . British doctors who worked in Gaza during the war have issued dire predictions ...The Guardian - 6d -
UK steelmakers face £150mn annual bill from carbon charges, industry warns
Decision to wind down free emission allowances is an ‘earthquake moment’ for producersFinancial Times - 5d -
China denies it didn't give timely warning of live-fire drills off Australia
China’s Defense Ministry says that Australia made “unreasonable accusations” and deliberately hyped the situation after three planes headed to New Zealand changed course in midflight because of ...ABC News - 5d -
Warren Buffett, warning of ‘scoundrels’ and ‘fiscal folly,’ slashes his exposure to U.S. stocks
Instead, the “Oracle of Omaha” has become a “committed” and “long-term” investor in a handful of Japanese companies.MarketWatch - 4d -
Former UN ambassador warns of potential repercussions of Russia-Ukraine rhetoric on China, Taiwan
Former United Nations ambassador Susan Rice warned that President Trump’s actions with ending the Russia-Ukraine war could have potential repercussions with China and Taiwan. Rice joined MSNBC’s ...The Hill - 4d -
Malibu beachgoers warned to avoid sick sea lions after more than a dozen reported in distress
More than a dozen sea lions have been reported sick over the past week in Southern California in a suspected domoic acid event, and beachgoers in Malibu are warned to avoid the distressed animals.NBC News - 3d -
HHS warns employees that responses to Elon Musk's request may 'be read by malign foreign actors'
The Department of Health and Human Services message comes after emails from the Office of Personnel Management and a tweet by Musk caused widespread confusion.NBC News - 3d -
Macron warns against ‘surrender’ in Ukraine as Trump claims Putin will accept peacekeeper deal
Macron and Trump disagree over aid and securing a lasting peace after US president says Russian counterpart has ‘no problem’ with European forces in Ukraine. . Emmanuel Macron, the French ...The Guardian - 3d -
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Macron pushes back on Trump claims at White House meet, warns him to 'be careful'
French President Emmanuel Macron used his visit to the U.S. to publicly push back on President Donald Trump's repeated attacks on Ukraine.ABC News - 3d -
Hearn warns ‘boxing has changed’ after Eubank hits Benn with egg at face-off
‘Never lay a hand on a fighter at a press conference’ Eubank made reference to two drugs tests Benn failed Boxing promoter Eddie Hearn has warned that the sport “changed tonight” after the ...The Guardian - 2d -
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HUD secretary announcing elimination of rule Trump warned would 'destroy the value of houses'
Department of Housing and Urban Development (HUD) Secretary Scott Turner said he would terminate the Affirmatively Furthering Fair Housing (AFFH) rule on Wednesday, repealing the law which was ...The Hill - 1d -
Africa’s medical system risks ‘collapse in next few years’, warns health leader
Focusing foreign aid on infectious diseases has allowed a rise in cancer and diabetes that African governments don’t have resources to fight, says Dr Githinji Gitahi. Health services in Africa are ...The Guardian - 1d -
Jobless claims may have just fired the clearest recession warning yet — here’s why investors should be worried
Layoffs by Elon Musk and his “DOGE,” along with signs of a slowing economy, spark questions about a potential serious stumble for the economy.MarketWatch - 1d -
Washington state warning pet owners after bird flu confirmed in 2 indoor cats
Washington state officials are warning pet owners that two domesticated indoor cats have become infected with the bird flu after consuming potentially contaminated pet food. The Washington State ...The Hill - 1d -
Thailand deports 40 Uyghur detainees to China despite warnings from U.S. and rights groups
Thailand deported 40 Uyghur asylum seekers to China on Thursday, despite warnings that they faced torture and possible death if they were returned.NBC News - 13h -
British Airways owner warns business travel may never return to pre-pandemic levels
IAG posts record annual profits driven by demand for transatlantic travelFinancial Times - 10h -
Bank of England rate setter warns of higher UK inflation risk driven by wages
Deputy governor Dave Ramsden says interest rate cuts must be gradualFinancial Times - 8h -
FBI investigations of far right on road to nowhere under Kash Patel, experts warn
Patel has signalled he isn’t interested in pursuing insurrectionists amid resurgence of extremist groups . With Kash Patel officially appointed as the new FBI director and Dan Bongino as his ...The Guardian - 4h -
You can still claim up to $2,000 per kid from the child tax credit, but that amount may drop after 2025—here's what to know
If Congress doesn't address the soon-expiring expanded child tax credit, parents could see a higher tax bill in the coming years.CNBC - 3d -
The average IRS tax refund is more than 32% lower so far this season, early filing data shows. Here's why
The average IRS tax refund is more than 32% lower so far this season, according to early filing data. Here's what to know.CNBC - 2d
