#tax-cut

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#tax-refunds
#tax-filing
US politics
fromFortune
3 hours ago

Exclusive: Elizabeth Warren on her proposal to bring back IRS Direct File: 'For just one day of bombing Iran, we could pay for 20 years' | Fortune

Sen. Elizabeth Warren opposes privatizing tax filing, advocating for free filing services and criticizing tax prep companies for misleading taxpayers.
Non-profit organizations
fromFortune
5 hours ago

Over 140,000 happy users last year, 0 this year: How big tax prep crushed the IRS's free filing tool | Fortune

The Direct File program, aimed at simplifying tax filing, was discontinued due to lobbying by tax preparation companies.
Bootstrapping
fromEntrepreneur
6 days ago

Behind on Your Taxes? 4 Smart Moves to Avoid Penalties Before April 15

File an extension to avoid penalties and use strategic tax planning to reduce your tax burden.
fromFortune
1 month ago
US politics

Thanks to Trump, tax refunds could $1,000 higher this season. Here are the new deductions taxpayers should know about | Fortune

US politics
fromFortune
3 hours ago

Exclusive: Elizabeth Warren on her proposal to bring back IRS Direct File: 'For just one day of bombing Iran, we could pay for 20 years' | Fortune

Sen. Elizabeth Warren opposes privatizing tax filing, advocating for free filing services and criticizing tax prep companies for misleading taxpayers.
Non-profit organizations
fromFortune
5 hours ago

Over 140,000 happy users last year, 0 this year: How big tax prep crushed the IRS's free filing tool | Fortune

The Direct File program, aimed at simplifying tax filing, was discontinued due to lobbying by tax preparation companies.
Bootstrapping
fromEntrepreneur
6 days ago

Behind on Your Taxes? 4 Smart Moves to Avoid Penalties Before April 15

File an extension to avoid penalties and use strategic tax planning to reduce your tax burden.
fromFortune
1 month ago
US politics

Thanks to Trump, tax refunds could $1,000 higher this season. Here are the new deductions taxpayers should know about | Fortune

US Elections
fromABC7 Los Angeles
10 hours ago

It's Tax Day. Ahead of deadline, 53M filers used new Trump tax exemptions, Treasury says

Millions of Americans utilized new tax breaks, but many still feel their taxes are too high despite the Republican tax law.
#republican-party
Right-wing politics
fromwww.mediaite.com
1 hour ago

GOP Senator Argues His Party Deserves to Lose the Majority: We've Gotten One Bill Passed'

Sen. Tommy Tuberville criticized Republicans for failing to maintain their majority in Congress and highlighted issues affecting rural communities.
SF politics
fromPOLITICO
1 day ago

GOP leaders prepare to steamroll opponents of DHS funding plan

Republican senators are pushing for spending cuts and specific priorities in upcoming funding discussions for DHS and immigration enforcement.
Right-wing politics
fromwww.mediaite.com
1 hour ago

GOP Senator Argues His Party Deserves to Lose the Majority: We've Gotten One Bill Passed'

Sen. Tommy Tuberville criticized Republicans for failing to maintain their majority in Congress and highlighted issues affecting rural communities.
SF politics
fromPOLITICO
1 day ago

GOP leaders prepare to steamroll opponents of DHS funding plan

Republican senators are pushing for spending cuts and specific priorities in upcoming funding discussions for DHS and immigration enforcement.
#tax-reform
fromFortune
2 months ago
US politics

Yes, you're getting a bigger tax refund. Your kids won't thank you for the $3 trillion it's adding to the deficit | Fortune

Real estate
fromwww.housingwire.com
11 hours ago

Tax reform and real estate, key deductions still matter

Pro-growth tax policy is yielding tangible benefits for homeowners and small businesses, reflecting the impact of recent tax reforms.
fromFortune
2 months ago
US politics

Yes, you're getting a bigger tax refund. Your kids won't thank you for the $3 trillion it's adding to the deficit | Fortune

#us-government
Washington DC
fromFortune
1 day ago

'We have to be able to walk and chew gum' on government spending, says budget chairman, addressing both debt crisis and national security demands | Fortune

The U.S. government faces funding challenges for mandatory spending and military endeavors, with disagreements over DHS funding complicating the budget process.
US politics
fromFortune
3 weeks ago

The Treasury just declared the U.S. insolvent. The media missed it | Fortune

The U.S. government is insolvent, with liabilities far exceeding assets and significant unfunded obligations.
Washington DC
fromFortune
1 day ago

'We have to be able to walk and chew gum' on government spending, says budget chairman, addressing both debt crisis and national security demands | Fortune

The U.S. government faces funding challenges for mandatory spending and military endeavors, with disagreements over DHS funding complicating the budget process.
US politics
fromFortune
3 weeks ago

The Treasury just declared the U.S. insolvent. The media missed it | Fortune

The U.S. government is insolvent, with liabilities far exceeding assets and significant unfunded obligations.
Non-profit organizations
fromFast Company
5 hours ago

Let this goofy Trump chatbot tell you how your tax money is really spent

Taxpayer dollars fund oil and gas corporations through subsidies, which have increased under recent administrations, impacting climate change efforts.
Healthcare
fromwww.mediaite.com
3 hours ago

That's Laughable!' Democrat Goes Off On Trump OMB Director's Reasoning For 15 Million Americans Losing Healthcare

Rep. Brendan Boyle challenged OMB Director Russell Vought on healthcare coverage loss for millions due to Trump's policies during a House Budget Committee hearing.
#taxes
US Elections
fromFortune
1 day ago

Americans rate Trump's tax cuts a loser as most believe they're still too high | Fortune

Most Americans believe their taxes are too high, with rising discontent despite recent tax law changes.
US Elections
fromFortune
1 day ago

Americans rate Trump's tax cuts a loser as most believe they're still too high | Fortune

Most Americans believe their taxes are too high, with rising discontent despite recent tax law changes.
Digital life
fromFast Company
13 hours ago

This new website is like Spotify Wrapped for your tax dollars

Tax Wrapped provides a personalized breakdown of individual tax contributions to federal spending, enhancing financial literacy in a user-friendly format.
fromFortune
1 day ago

Debt management plan vs. debt relief | Fortune

A debt management plan (DMP) is a way to combine your unsecured debts into a more manageable single monthly bill. You'll typically get reduced interest rates compared to what you're currently paying thanks to negotiation by the agency you're working with.
Bootstrapping
Travel
fromFortune
2 days ago

Americans are credit card-maxxing tax season with sign-up bonuses while half the country relies on their refund to catch up on bills | Fortune

High sign-up bonuses on credit cards are prompting some Americans to pay taxes with new cards for points, but this strategy carries risks.
#student-loans
fromwww.businessinsider.com
3 days ago
Higher education

Trump's Treasury is taking over millions of student-loan accounts. Obama tried this, and it didn't succeed.

The federal student-loan portfolio is being transferred to the Treasury Department, raising challenges for borrowers, especially those in default.
Higher education
fromwww.businessinsider.com
3 days ago

Trump's Treasury is taking over millions of student-loan accounts. Obama tried this, and it didn't succeed.

The federal student-loan portfolio is being transferred to the Treasury Department, raising challenges for borrowers, especially those in default.
European startups
fromFortune
3 days ago

'People are trying to be creative': Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans. | Fortune

The Supreme Court's ruling on tariffs may lead to $166 billion in refunds for U.S. importers, but many companies face financial struggles.
fromTruthout
4 days ago

Tariff Refunds Flow to Companies as Consumers Keep Footing the Bill

"We're having to cut off projects that we really want to do," said Cox, who lives with his wife in Charleston, South Carolina.
NYC real estate
from24/7 Wall St.
3 days ago

Clark Howard Says Congress Passed a Law That Specifically Punished People for Giving Money to Charity

The law did not eliminate the charitable deduction in name. It rendered it functionally useless for anyone who does not already have enough deductions to clear the standard deduction threshold on their own.
Fundraising
San Francisco
fromPadailypost
6 days ago

Opinion: How to convince voters to raise taxes? Cry wolf

Bay Area leaders are using fear tactics to push for a half-cent sales tax increase for mass transit, framing it as a citizen initiative.
Artificial intelligence
fromABC7 San Francisco
6 days ago

Rushing to file your taxes? Read these last-minute tips, plus how to file for an extension

General-use AI platforms are not reliable for personal tax questions and preparation due to lack of specific training for tax compliance.
Cryptocurrency
fromBitcoin Magazine
6 days ago

SEC, Treasury Officials Urge Congress To Pass Crypto Market Bill

Congress is urged to quickly pass the Clarity Act to establish clear regulations for cryptocurrencies and blockchain products.
Healthcare
fromMedCity News
3 days ago

'A Significant Assault on Our Health': Healthcare Policy Leaders Condemn Trump's Budget Proposal - MedCity News

Trump's fiscal year 2027 budget proposes significant cuts to healthcare, exacerbating previous reductions and drawing criticism from healthcare advocates.
#social-security
from24/7 Wall St.
1 day ago
Retirement

Did Taxes on Social Security Actually Go Away? Here's the Real Story

Most seniors now avoid taxes on Social Security benefits due to a new deduction, but taxes still exist for higher earners.
fromFortune
5 days ago
Retirement

The next generation of senators has a ticking time bomb in their lap: Social Security's insolvency, without a plan for national debt | Fortune

Social Security and Medicare face imminent funding crises, with deadlines for Congress to address these issues approaching rapidly.
Retirement
from24/7 Wall St.
1 day ago

Did Taxes on Social Security Actually Go Away? Here's the Real Story

Most seniors now avoid taxes on Social Security benefits due to a new deduction, but taxes still exist for higher earners.
Retirement
fromFortune
5 days ago

The next generation of senators has a ticking time bomb in their lap: Social Security's insolvency, without a plan for national debt | Fortune

Social Security and Medicare face imminent funding crises, with deadlines for Congress to address these issues approaching rapidly.
#irs-direct-file
US politics
fromThe Verge
6 hours ago

The Senate is voting to save free IRS Direct File today

The Senate is set to vote on the IRS Direct File Act to reinstate free tax filing services for Americans.
US politics
fromThe Verge
6 hours ago

The Senate is voting to save free IRS Direct File today

The Senate is set to vote on the IRS Direct File Act to reinstate free tax filing services for Americans.
Bootstrapping
fromEntrepreneur
1 week ago

4 Tax Strategies for Entrepreneurs to Reduce Their Tax Bill and Increase Cash Flow

The right business structure and overlooked deductions can save entrepreneurs thousands annually.
fromPadailypost
6 days ago

Health care sales tax campaign under investigation

The FPPC wants to know if county government funds were used on Measure A campaign mailers, following complaints from the Silicon Valley Taxpayers Association and Libertarian Party of Santa Clara County.
SF politics
#irs
Retirement
fromEntrepreneur
1 day ago

More Taxpayers Are Cheating. Here's Why 'The IRS Isn't Going to Catch Me' Is the New Strategy.

IRS workforce reductions lead to decreased audits and increased taxpayer noncompliance, costing the government significantly in revenue.
SF politics
fromNextgov.com
1 week ago

The IRS wants to shrink its workforce by nearly 4,000 - and use technology to make up the difference

The IRS plans to reduce its workforce by 4,000 employees, relying on technology to maintain performance despite significant staffing losses.
Retirement
fromEntrepreneur
1 day ago

More Taxpayers Are Cheating. Here's Why 'The IRS Isn't Going to Catch Me' Is the New Strategy.

IRS workforce reductions lead to decreased audits and increased taxpayer noncompliance, costing the government significantly in revenue.
SF politics
fromNextgov.com
1 week ago

The IRS wants to shrink its workforce by nearly 4,000 - and use technology to make up the difference

The IRS plans to reduce its workforce by 4,000 employees, relying on technology to maintain performance despite significant staffing losses.
#tax-cuts
fromPOLITICO
2 days ago
US Elections

Tax Day is the GOP's focus as Congress returns to war, shutdown and other challenges

Republicans claim credit for tax cuts, while rising gas prices and inflation pose challenges ahead of the 2024 election.
fromwww.theguardian.com
10 hours ago
US politics

Republicans struggle to highlight Trump's cuts as Americans see little effect on Tax Day US politics live

Republicans are promoting tax cuts as political capital, but modest refund increases may undermine their impact ahead of elections.
US Elections
fromPOLITICO
2 days ago

Tax Day is the GOP's focus as Congress returns to war, shutdown and other challenges

Republicans claim credit for tax cuts, while rising gas prices and inflation pose challenges ahead of the 2024 election.
US politics
fromwww.theguardian.com
10 hours ago

Republicans struggle to highlight Trump's cuts as Americans see little effect on Tax Day US politics live

Republicans are promoting tax cuts as political capital, but modest refund increases may undermine their impact ahead of elections.
Healthcare
fromTruthout
6 days ago

Trump Budget Proposal Shreds Health and Food Programs to Feed the War Machine

Trump suggests offloading Medicaid, Medicare, and child care costs to states amid war, risking health care access for millions.
US politics
fromAxios
1 day ago

Scoop: Collins plans to grill six Cabinet officials on Trump's budget

Bipartisan appropriations talks are being encouraged as an alternative to reconciliation for funding government agencies.
US Elections
fromFast Company
6 days ago

This overlooked tax detail could make today your real deadline

Tax returns mailed to the IRS must be postmarked by April 15, with potential delays due to USPS operations.
fromInsideHook
3 weeks ago

Some Drivers Will Qualify for a New Tax Break on Car Payments

An update to the tax code will enable some car buyers to write off their monthly payments on their taxes this year, with significant caveats for eligibility.
Cars
Right-wing politics
fromEsquire
2 weeks ago

Republicans Have Come up With the Worst Budgeting Idea Possibly Ever

Republicans are considering health spending cuts to fund a budget bill for the Iran war and immigration enforcement, risking political backlash.
fromBoston.com
3 weeks ago

'More money in my pocket is a no-brainer': Readers weigh in on proposed income tax cut

A recent analysis from Tufts University's Center for State Policy Analysis estimates it would reduce state tax revenue by roughly $5.1 billion per year - about a 10% overall decline - while saving the median Massachusetts household around $1,250 annually.
Boston
US politics
fromTruthout
2 days ago

As Trump SAVE America Act Stalls in Congress, Red States Pass Their Own Versions

GOP states are enacting stricter voter registration laws despite federal bill delays, potentially hindering access for marginalized groups.
#us-national-debt
Retirement
fromFortune
6 days ago

U.S. government is spending $88 billion a month in interest on national debt, equal to its spending on both defense and education combined | Fortune

The U.S. national debt exceeds $39 trillion, with interest payments reaching $529 billion in the first half of the fiscal year.
fromFortune
2 months ago
US politics

'Nothing short of self-sabotage': Watchdog warns about national debt setting new record in just 4 years | Fortune

Retirement
fromFortune
6 days ago

U.S. government is spending $88 billion a month in interest on national debt, equal to its spending on both defense and education combined | Fortune

The U.S. national debt exceeds $39 trillion, with interest payments reaching $529 billion in the first half of the fiscal year.
fromFortune
2 months ago
US politics

'Nothing short of self-sabotage': Watchdog warns about national debt setting new record in just 4 years | Fortune

US politics
fromwww.businessinsider.com
4 days ago

What bets are lawmakers and staffers making on prediction markets? They're not required to tell us.

Federal officials must disclose stock trades, but prediction market trades lack similar transparency, raising concerns about insider trading.
Boston
fromBoston.com
3 weeks ago

Would a Massachusetts income tax cut actually help you? Here's what to know.

A proposed ballot measure would reduce Massachusetts income tax from 5% to 4%, saving the median household $1,250 annually but costing the state approximately $5.1 billion in revenue.
US politics
fromFortune
6 days ago

Why Trump's FY 2027 budget could be the document that triggers a debt crisis | Fortune

The U.S. government's budget for Fiscal Year 2027 presents a risky outlook with significant spending increases and unrealistic economic growth assumptions.
US politics
fromIntelligencer
6 days ago

Why One 'Big Beautiful Bill' Wasn't Enough for Republicans

Congressional Republicans are pursuing a second budget reconciliation bill, reflecting both confidence and pessimism about the upcoming midterms.
SF politics
fromFortune
4 weeks ago

America's $38 trillion debt crisis is already here. The reckoning comes next | Fortune

Despite strong economic indicators, the U.S. faces a critical fiscal crisis with national debt projected to reach 120% of GDP within a decade, requiring urgent bipartisan reform before gradual decline becomes sudden collapse.
US Elections
fromFast Company
3 weeks ago

Americans expecting bigger tax refunds from Trump this year will likely spend them on gas

Spiking gas prices are expected to consume tax refunds, limiting extra spending for most Americans.
US politics
fromIntelligencer
1 week ago

Johnson Caves on DHS, But Shutdown Deal Could Unravel Again

The Senate passed a bill to reopen DHS, but House Republicans rejected it until a sudden agreement was reached with Trump's assurance of funding.
#tariff-refunds
Intellectual property law
fromFortune
1 month ago

Finance leaders divided on using potential tariff refunds-just 18% would fully roll back price hikes | Fortune

Corporate executives remain divided on tariff refund strategies and are reluctant to reduce prices despite potential cost relief from Supreme Court rulings.
Intellectual property law
fromFortune
1 month ago

Finance leaders divided on using potential tariff refunds-just 18% would fully roll back price hikes | Fortune

Corporate executives remain divided on tariff refund strategies and are reluctant to reduce prices despite potential cost relief from Supreme Court rulings.
Boston real estate
fromwww.housingwire.com
1 month ago

Democrats propose bill targeting corporate housing tax breaks

Democrats introduce legislation to restrict institutional investors and hedge funds from bulk-purchasing single-family homes to address housing affordability crisis and preserve homeownership opportunities.
Retirement
fromMoneyLion
4 weeks ago

Tax Questions Middle-Class Americans Should Ask

Middle-class Americans should actively review income changes, withholding amounts, and pre-tax contributions annually to avoid missed deductions, unexpected tax bills, and lost refunds.
US politics
fromAxios
3 weeks ago

Washington ignores America's fiscal cliff

Recent policy developments are worsening the U.S. fiscal situation, with projected deficits and soaring public debt over the next decade.
US politics
fromFortune
3 weeks ago

It took 200 years for national debt to hit $1 trillion, annual interest alone now exceeds that-a 'crushing legacy we must reverse,' says budget chair | Fortune

The U.S. debt has surpassed $39 trillion, posing a significant threat to the nation's future and requiring urgent financial reform.
#home-office-deduction
fromAol
2 months ago
Business

This Potentially Lucrative Tax Break May Be Off the Table for You This Year

fromAol
2 months ago
Business

This Potentially Lucrative Tax Break May Be Off the Table for You This Year

Public health
fromFortune
1 month ago

Health care spending is surging just as Trump's tax cuts crippled its funding | Fortune

Federal health care spending has become the largest federal expenditure category, projected to reach $26 trillion through 2036, with Medicare costs doubling and threatening fiscal stability.
US politics
fromFortune
3 weeks ago

The Trump Administration's proposed capital gains tax cut could add nearly $1 trillion to the national debt within the decade, think tank warns | Fortune

The Trump Administration is considering capital gains tax indexation that could add $170-$950 billion to the national debt by 2035, raising concerns about deficit spending amid record debt levels.
US politics
fromThe Atlantic
3 weeks ago

The IRS Is in Trouble

The IRS, weakened by budget cuts and staff reductions from over 100,000 to 81,000 employees, faces significant challenges in collecting taxes and processing returns for the 2026 filing season.
Retirement
from24/7 Wall St.
1 month ago

Filing Your Taxes? Here's The Truth About Changes to Social Security Tax Changes

Social Security benefit taxation rules remain unchanged despite claims of tax relief; provisional income thresholds still determine taxability of benefits in 2026.
Real estate
fromwww.housingwire.com
2 months ago

Bill proposes eliminating capital gains tax on home sales

A Jan. 13 bill would let homeowners sell a primary residence tax-free after two years of occupancy to boost housing supply and affordability.
#federal-deficit
fromFortune
1 month ago
US politics

The U.S. borrowed $50 billion a week for the past five months, finds the CBO: 'Our fiscal problems will not solve themselves' | Fortune

fromFortune
1 month ago
US politics

The U.S. borrowed $50 billion a week for the past five months, finds the CBO: 'Our fiscal problems will not solve themselves' | Fortune

US politics
fromwww.aljazeera.com
2 months ago

US House passes $1.2 trillion spending package to end government shutdown

The House approved a $1.2 trillion spending package to end a partial government shutdown and restore funding, sending the measure to President Trump's desk for signature.
fromwww.aljazeera.com
2 months ago

Will eliminating fraud clear the US national deficit as Trump claims?

US president says massive' fraud has caused budget imbalance, but calculations do not support this. United States President Donald Trump has claimed that unearthing and ending fraud nationwide would eliminate the country's deficit. In particular, Trump has highlighted alleged public services fraud by Somalis in Minnesota and also said there is fraud in many other places. If we stop this fraud, this massive fraud, we're going to have a balanced budget, Trump said on Tuesday during a speech at the Detroit Economic Club.
US politics
US politics
fromFlowingData
2 months ago

Tariff revenue is nowhere close to enough

A unit-square visualization shows claimed tariff revenues cannot cover added governmental expenses as billion-dollar squares exceed available funds.
fromwww.twincities.com
2 months ago

IRS head announces a shake-up on the eve of the 2026 tax season

Days before the 2026 tax filing season begins, the head of the IRS announced a shake-up Tuesday, saying the personnel and operational changes are intended to improve taxpayer service and modernize the agency. The timing of the announcement coincides with a critical moment for the agency, as the IRS prepares to process millions of tax returns while simultaneously implementing major tax law changes under the tax and spending package President Donald Trump signed into law last summer.
US politics
fromTruthout
2 months ago

Democrats Cave on Demands for DHS Reforms, Agree to Short-Term Spending Bill

Earlier in the day, Democrats blocked a spending bill using a filibuster in order to force the Trump administration into negotiations over its violent deportation campaign in cities across the U.S. The raids have involved DHS agents - most notably from Immigration and Customs Enforcement (ICE) and Customs and Border Patrol (CBP) - terrorizing and abducting residents, with immigration agents killing two people in Minneapolis this month.
US politics
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