Many Americans Face Tax Increases in 2026 If Tax Cuts Are Not Passed
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'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
As the IRS faces mass layoffs, Congressional Democrats warn those staffing cuts could undermine the agency’s progress in collecting unpaid funds from “wealthy tax dodgers.”NBC News - 7h -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - 7h -
21 House Republicans ask leadership to limit changes to energy tax credits in reconciliation
A group of 21 House Republicans is asking a key committee to limit changes to energy tax credits passed under Democrats as the GOP seeks to overhaul the U.S. tax code. In a new letter dated ...The Hill - 1d -
U.S. farmers react to China's retaliatory tariff increase
China slapped an additional 15% import tax on American farm products, including pork, poultry, beef and soybeans. Lana Zak reports from Mount Vernon, Iowa. Then, Ed O'Keefe has the latest on ...CBS News - 1d -
Businesses bemoan Indian ‘tax terrorism’ and red tape
Officials vow to cut bureaucracy and fiscal burden amid fears they could hurt investmentFinancial Times - 3d -
Protecting yourself from tax identity theft
Karla Dennis is an enrolled tax agent with KDA Incorporated, a tax strategy business. She joined CBS News to discuss how to protect yourself from someone stealing your identity and filing a tax ...CBS News - 11h -
Threshold for filing ‘side hustle’ tax return to rise to £3,000 in UK
Cash earnings to increase from current level of £1,000 in boost to people who sell goods onlineFinancial Times - 10h -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - 1d -
How the Tax Bill Could Impact Your Wallet
Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security income.The New York Times - 1d -
How to calculate your Social Security tax obligations
Wondering what you'll pay in taxes on your Social Security benefits? Here's how to do the math.CBS News - 5h -
How the IRS can crack down on ghost tax return preparers
Indeed, thousands of tax return preparers systematically subvert the tax return filing process, rob the Treasury of revenue and undermine taxpayers’ faith in the system.The Hill - 3d -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
Democrats says "wealthy tax dodgers" could see less IRS scrutiny amid agency layoffs. Here's what to know.CNBC - 10h -
These accounts can be the 'worst possible asset’ for retirement, expert says. Here's why
Many investors don't plan for future taxes when contributing to traditional IRAs. Here are the key things to know.CNBC - 3d -
House votes to avoid government shutdown by passing temporary spending bill
The House of Representatives has passed a short-term funding bill to avert a government shutdown. The stopgap bill funds the government until Sept. 30. The measure increases defense spending by $6 ...CBS News - 2h -
Scammers Stole Their Retirement Savings. Then the Tax Bill Arrived.
The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the funds quickly disappeared.The New York Times - 3d -
House Republicans huddle with Bessent on tax policy menu
Politico - 1d -
Trump says he considering cutting back on Canada tariffs as stock markets bounce
President Trump says he is considering reducing the new tariffs he announced on Canada's steel and aluminum as a response to Ontario's tax on electricity to the U.S. This comes as the stock markets ...CBS News - 4h -
Bills cut eight-time Pro Bowl pass rusher Miller
The Bills released eight-time Pro Bowl pass rusher Von Miller on Sunday.ESPN - 2d -
How Foreign Aid Cuts Are Setting the Stage for Disease Outbreaks
Organizations funded by the United States helped keep dangerous pathogens in check around the world. Now many safeguards are gone, and Americans may pay the price.The New York Times - 2d -
Tesla facilities face wave of attacks as Elon Musk delves into politics
As Elon Musk attempts to drastically cut the federal workforce and delves further into the corridors of American power, the Tesla CEO's electric carmaker facilities have come under fire — literally.NBC News - 3d -
House GOP seeks spending cuts, defense increases in plan to avert shutdown
House Republicans on Saturday unveiled a six-month stopgap government funding plan, that seeks cuts to nondefense programs while boosting funding for defense. The bill's rollout kicks off a crucial ...The Hill - 3d -
Recently fired pregnant federal employees cope with loss of insurance
Many pregnant federal workers fired as part of recent DOGE cuts are now faced with complex challenges as they deal with the loss of their income and health insurance.NBC News - 7h -
Big Tech's big bet on nuclear power
Faced with increasing demand for energy to fuel artificial intelligence, and the need to cut down on carbon emissions, companies like Microsoft, Google and Amazon have announced major investments ...CBS News - 2d -
Big Tech's big bet on nuclear power to fuel artificial intelligence
Faced with the need to cut carbon emissions, and an increasing energy demand to power AI, companies like Microsoft, Google and Amazon are investing in nuclear, from restarting Three Mile Island, to ...CBS News - 2d -
Firefighters may face increased risk of brain cancer due to chemical exposure: Study
Firefighters may face a heightened risk of developing brain cancer due to their persistent exposure to certain chemicals, a new study has found. In a set of patients who had gliomas — the most ...The Hill - 1d -
After House votes to avert shutdown, Senate Democrats face 'stark' choice
House Republicans passed a bill to fund the government through the end of September 2025. The measure now heads to the Senate, where Democrats face a "stark" choice.ABC News - 38m -
Million-dollar wage earners have already stopped paying into Social Security for 2025
In 2025, Social Security payroll taxes apply to wages up to $176,100. Workers with $1 million in annual wages have already stopped paying those taxes for the year.CNBC - 4d -
You can still claim a $1,400 stimulus check from the IRS—how to know if you qualify
You might be entitled to $1,400 in stimulus check money, but you'll have to file a 2021 tax return to claim it.CNBC - 2d -
HMRC to use voice recognition to speed up calls
The tax authority has been heavily criticised for failing to answer tens of thousands of calls.BBC News - 10h -
Trump Wants to Kill Carried Interest. Wall Street Will Fight to Keep It.
President Trump has been trying to eliminate the tax loophole, which benefits Wall Street, but Congressional Republicans may stand in the way.The New York Times - 3d -
Who Likes Tariffs? Some U.S. Industries Are Eager for Them.
Concern about the cost of materials has tempered business enthusiasm about taxing imports. But steel and aluminum makers say they welcome the help.The New York Times - 1d -
Disruption in the classroom: Trump faces battle to scrap education department
Teachers and parent groups fear president’s plan would increase inequality between rich and poor studentsFinancial Times - 1d -
Bill O'Reilly: Trump should be 'looking to reassure Americans' on economy
Former Fox News host Bill O'Reilly believes President Trump should be concerned about getting his economic message across as Americans face the rocky impact of his tariff policies and continued ...The Hill - 10h -
$70,000 more a year for eggs: How price hikes are hurting small businesses
As egg prices continue to skyrocket, small businesses grapple with how to avoid passing on the increase to their customers.ABC News - 3d -
Texas bill would make identifying as transgender a felony punishable by jail
The bill, while unlikely to pass, highlights the increasing extremism of legislation targeting trans people, especially in Texas, in recent years.NBC News - 1d -
Ontario slaps 25% increase on electricity exports to the U.S. in response to Trump's trade war
Ontario is charging 25% more for electricity to 1.5 million Americans in response to U.S. President Donald Trump’s trade war, the province's premier, Doug Ford, said.NBC News - 1d -
House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - 1d -
BlizzCon returns to Anaheim on September 12-13, 2026
BlizzCon is returning to the Anaheim Convention Center on September 12 and September 13 in 2026.VentureBeat - 9h -
Nissan, Facing Mounting Challenges, Replaces Its C.E.O.
The automaker said on Tuesday that Makoto Uchida would step down. The company has said it would slash global production capacity and cut thousands of jobs.The New York Times - 7h -
More Americans are now seeking UK citizenship. Three of them tell us why
Donald Trump’s re-election has made many in the US doubt whether the direction of their nation is for them. A record number of Americans are seeking UK citizenship, according to recent data.. In ...The Guardian - 2d