Ways and Means eyeing limits to corporate tax deductions

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 - Feb. 11

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 - Feb. 11

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 - Feb. 11

5 Ways to Make Tax Season Easier

Avoid common tax season pitfalls with these expert strategies to streamline communication, stay organized, and stress less.

Inc. - 5d

A global corporate tax turf war between Trump, the GOP and U.S. allies is brewing

As President Trump threatens a wider trade war on EU and other allies, an obscure global tax battle could be one retaliatory result, and target U.S. business.

CNBC - Feb. 12

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 - 1h

RFK Jr. eyes childhood vaccine schedule review, says 'nothing off limits' in HHS meeting

A new presidential commission will scrutinize the childhood vaccine schedule as a potential cause of the country’s chronic disease epidemic, Health and Human Services Secretary Robert F. Kennedy ...

The Hill - 1d

St. John's comeback win at UConn means, after decades of waiting, the Johnnies are finally all the way back

Rick Pitino is doing it again. He has one of the best defenses in the country and, if this keeps up, is going get SJU its first Big East title since '92

CBS Sports - Feb. 8

What the end of the penny means for the economy, your piggy bank, and the way America prices items

President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be okay without the coin.

CNBC - Feb. 10

Trump’s return means UK must swiftly find a way to increase defence spending | Peter Walker

Under Biden, the move could wait until the UK worked out how to meet its 2.5% GDP commitment. Not now. It has been one of the few political constants in a turbulent period for British politics: an ...

The Guardian - 4d

Here's the 'quick and dirty' way to withhold enough taxes from your paycheck, advisor says

If your tax bill or refund is bigger than expected, it may be time to adjust your paycheck withholding. Here's an easy way to do it.

CNBC - 6d

Is corporate America already souring on Trump?

Optimism at the prospect of tax cuts and lighter regulation has given way to anxiety over trade policies

Financial Times - 6d

Trump is giving a green light to corporate corruption abroad

Abandoning the Foreign Corrupt Practices Act would not be good business

Financial Times - Feb. 11

Southwest Airlines slashing 15% of corporate workforce

Southwest Airlines is eliminating 1,750 jobs, or 15% of its corporate workforce, in the first major layoffs in the company’s 53-year history

ABC News - 2d

WATCH: All eyes on the ads

ABC News' Will Ganss takes a look at how much companies are paying to be a part of the Super Bowl.

ABC News - Feb. 8

The meaning of Trump and Trumpism in 2025

Trump’s second term appears destined to be transformative for the United States, as well as America’s role in the world.

The Hill - Feb. 10

‘Cost and chaos’: Trump’s metal tariffs sweep across corporate America

Executives grapple with uncertainty and price volatility even before levies come into effect

Financial Times - Feb. 12

Southwest Airlines to slash 15% of corporate jobs in 'unprecedented' move to cut costs

Southwest is cutting about 1,750 corporate jobs in a race to cut costs.

CNBC - 3d

In national DEI dismantle, corporate charity efforts could be next

Companies are scaling back or abandoning DEI goals related to hiring and suppliers. Corporate charities are not safe from Trump administration attacks either.

CNBC - 2d

Delaware Bill Seeks to Defend Its Place as the Corporate State

After a bruising battle with Elon Musk, the state where most of the S&P 500 is incorporated, is making itself more pliable for boards and big shareholders.

Inc. - 2d

KFC is moving its corporate headquarters from Kentucky to Texas

KFC's corporate staff will relocate from the brand's headquarters in Louisville, Kentucky, to Plano, Texas, Yum says.

CBS News - 1d

Got waste? Let's eliminate billions in corporate farm subsidies.

Brooke Rollins, the new secretary of Agriculture, has pledged to reform the department and create effective and efficient nutrition programs. She can tackle inefficient subsidies and food waste, ...

The Hill - 1d

Tax tips for remote workers

If you're still working from home, you might be looking into some home office deductions as you prepare your taxes. Money and personal finance reporter Medora Lee joined CBS News to discuss those ...

CBS News - 2d

Giants looking to sell limited stake in NFL team

The Giants are putting a limited stake in the team on the market with the process likely to set a record for an NFL franchise valuation.

ESPN - 6d

The latest on Trump's immigration crackdown — and the reality of limited resources

Latino Republican lawmakers who approve of Trump are toeing a fine line between supporting his immigration crackdown and standing by their constituents.

NBC News - 5d

Germany argues for limits to EU defence spending exemption

Yahoo News - 3d

Kanye West and the Limits of Free Speech Online

Where is the line between the right to speech and the right to reach?

The New York Times - 1d

Luka likely off minutes limit as Lakers return

Luka Doncic is going back to work with the Lakers, and he's likely back to full speed as well.

ESPN - 1d

Is US inflation on the way down?

Market Questions is the FT’s guide to the week ahead

Financial Times - Feb. 9

Shareholder capitalism, the Japanese way

An obsession with the UN’s SDGs allows companies to create a smokescreen

Financial Times - Feb. 13

Eye Opener: 10 dead in Alaska plane crash

Ten people are dead after a plane lost contact during a brutal winter storm in Alaska. Meanwhile, fans are mourning the death of actor Tony Roberts. All that and all that matters in today's Eye ...

CBS News - Feb. 8

Wiggins eyes 'new chapter' on post-Butler Heat

Andrew Wiggins, Davion Mitchell and Kyle Anderson practiced with the Heat for the first time and could make their Miami debuts Monday against Boston.

ESPN - Feb. 9

Wrexham eye Wembley trip as they reach cup SF

Wrexham are one win away from a trip to Wembley after they earned a narrow win over Bolton Wanderers in the quarterfinals of the EFL Trophy on Tuesday.

ESPN - Feb. 12

Modi to Meet Trump With Eyes on Trade and Immigration

Prime Minister Narendra Modi of India, who has a warm relationship with President Trump, may try to ease friction over migrants and trade.

The New York Times - Feb. 13

Eye Opener: Pope Francis remains hospitalized

Pope Francis remains hospitalized in Rome for bronchitis and other tests. Meanwhile, more than 1 million people lined the streets of Philadelphia to celebrate the Eagles after their Super Bowl win. ...

CBS News - 5d

Senate eyes possibility of vote-a-rama on budget resolution

The Senate this week may move ahead with its budget resolution to enact part of President Trump’s legislative agenda, an effort that would include an hours-long vote-a-rama — which Democrats could ...

The Hill - 3d

Trump Eyes a Bigger, Better Trade Deal With China

U.S. officials are considering whether they can strike a deal with China that would ramp up its purchases of American goods and investments in the United States.

The New York Times - 1d

'My eye was saved by a placenta after acid attack'

Newcastle doctors use donated tissue to help save Paul Laskey's eyesight.

BBC News - 21h

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 - Feb. 6

Ways and Means eyeing limits to corporate tax deductions

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