From Tax Lottery to Tax Credit A Better Way to Help Disaster Victims

Two thieves bought a $500K lottery ticket with a stolen credit card. The victim wants $250K. Does he deserve it?

This sordid tale is so unusual that it could only be a fictionalized moral quandary dreamed up by the likes of David Lynch

MarketWatch - 4d

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 - Feb. 25

California legislators propose bills to expand film and TV tax credit program

To address the flight of productions to other states and countries, legislators are proposing bills that they say will make it more attractive to film in California.

Los Angeles Times - Feb. 27

Who can help me with IRS tax debt?

If you owe the IRS money for back taxes and need some extra help, there are a few different options to consider.

CBS News - 2d

Why the Fed’s inflation fight could be a victim of Trump’s tariffs and tax cuts

Trump is moving fast and breaking things. That’s creating more chaos than progress.

MarketWatch - 2d

This Productivity Tip Can Help Improve Your Tax Season

You have to do your taxes and run your business. Here’s how to be productive at both.

Inc. - 5d

Taxing the rich could help cover increased French defence spending

Yahoo News - 2d

Ways and Means committee to start drafting plans for enacting Trump tax agenda next week

Politico - 3d

When to hire a tax attorney

There are a number of instances in which hiring a tax attorney makes more sense than the alternatives.

CBS News - Feb. 25

From weather apps to taxes: the trickle-down effects of Trump’s federal worker firings

Gutting of workforce will have far-reaching consequences as advocates warn of playing ‘Russian roulette’ with safety. You wake up to dark clouds outside, so you check the weather on your phone: a ...

The Guardian - Feb. 20

Businesses Are Betting on a Tax Cut Extension

The federal budget debate has big implications for the economy. Despite questions about the math, investors expect an extension of the 2017 tax cuts.

The New York Times - Feb. 22

It’s time for Americans to withhold their taxes | Judith Levine

The point is not to deprive the government of funds. It’s to expose the regime’s criminality. Political power boils down to two things: votes and money. But when money buys presidents, senators and ...

The Guardian - Feb. 20

Companies are unprepared for new tax trade-off in 2025

As the Tax Cuts and Jobs Act is set to expire later this year, companies are preparing for potential trade wars and tariffs, and the White House is weighing a strategy that could include a tariff ...

The Hill - Feb. 24

Can you dispute your tax bill with the IRS?

Receiving an unexpected tax bill from the IRS doesn't mean you're automatically obligated to pay it.

CBS News - Feb. 24

Technology is speeding up tax season, but not the audit process

Politicians on both sides of the political aisles should relish giving their constituents a much-deserved psychological rest after completing their tax-return filing duties.

The Hill - Feb. 25

How much does tax relief cost (and is it worth it)?

If you owe money to the IRS, tax relief could be worth considering, but there are extra costs that come with it.

CBS News - Feb. 26

5 obstacles facing the GOP tax agenda

The House voted Tuesday to pass a budget resolution that will act as the blueprint for the GOP’s domestic agenda, with the extension of President Trump's 2017 tax cuts at the center. While the bill ...

The Hill - Feb. 27

Waiting for a large new tax cut? GLWT

Behold, the messy sausage-making of US budgets

Financial Times - 2d

Poundland could be put up for sale as taxes rise

Tax increases due in April are adding "further pressure" to the discount chain's costs, its owner Pepco Group says.

BBC News - 16h

Taxes on Exports Could Be a Second Blow to American Businesses

China and Canada are taxing American imports. Mexico could follow suit.

Inc. - 12h

GOP tax leader promises Trump a bill with no tax on tips, overtime. Here’s his aggressive timeline.

A GOP package aims to extend the 2017 Trump tax cuts and include new breaks for seniors and Americans who rely on tips and overtime pay.

MarketWatch - 1d

1 Small Change Will Help You Learn Better, According to a Psychology Professor

Entrepreneurs are lifelong learners by definition. There’s a simple way to improve comprehension. Not enough people use it.

Inc. - 6d

Google agrees to pay Italy $340 million to settle a tax evasion investigation

Italian prosecutors say they are seeking to drop a tax evasion investigation against Google after the tech giant agreed to pay a 326 million euro ($340 million) settlement

ABC News - Feb. 19

Cruise stocks tumble after Commerce Secretary Lutnick signals tax crackdown

Royal Caribbean was the hardest hit.

CNBC - Feb. 20

IRS layoffs underway around the country as millions prepare to file taxes

The IRS has begun laying off more than 6,000 new and newly promoted employees across the country as part of the push to slash the federal government, sources say.

ABC News - Feb. 20

What does DOGE's IRS shake-up mean for tax season?

DOGE wants access to filers’ data, and the commerce secretary says Trump wants to scrap the IRS. But filing a return remains mandatory — the earlier the better, tax advisers say.

NBC News - Feb. 20

What Do the Mass IRS Layoffs Mean for Your Business Tax Filings?

The IRS just laid off at least 6,000 employees, which could lead to slower processing times–or lax enforcement.

Inc. - Feb. 21

I.R.S. Fires 6,700 Employees Amid Tax Filing Season

The layoffs at the Internal Revenue Service came alongside additional firings at the Transportation Security Administration and the C.I.A.

The New York Times - Feb. 21

Did You Sell Concert Tickets or Clothes? You May Owe Taxes

If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore it, an expert says.

The New York Times - Feb. 21

Don't wait to file your taxes this season, experts say. Here's why

Nearly one-third of Americans procrastinate filing their taxes. But here's why you shouldn't wait this season, experts say.

CNBC - Feb. 21

5 options to consider if you owe $10,000 (or more) in taxes

If you're facing a large tax debt that you can't pay, there are a few possible solutions worth considering.

CBS News - Feb. 21

Will the expected IRS cuts delay my 2025 tax refund?

Tax accountants urge Americans to file early this year to avoid delays in getting your 2025 tax refund.

CBS News - Feb. 21

Trump considers tariffs to counter digital services taxes on Big Tech

President orders probes into levies imposed by EU, UK and Turkey on US companies

Financial Times - Feb. 22

The IRS is firing thousands of workers. Will it affect your tax refund?

With the IRS laying off thousands of employees Thursday, many Americans may be wondering if their tax returns – or their refunds – will be affected.

The Hill - Feb. 22

President Trump should combine extending tax cuts with fixing Social Security

It would be good fiscal policy and probably good politics

MarketWatch - Feb. 23

French actor Gerard Depardieu probed for tax fraud: source close to case

Yahoo News - Feb. 24

Europe must cut electricity taxes, warn Iberdrola and EDP bosses

Energy company chiefs say EU must ‘urgently’ remove various taxes and simplify bills

Financial Times - Feb. 25

Farm inheritance tax protesters target Reed conference speech

The environment secretary is met with blaring tractor horns as he tries to win over farmers.

BBC News - Feb. 25

From Tax Lottery to Tax Credit A Better Way to Help Disaster Victims

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