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Tag: Government Budget/Taxation
4 Lucrative Tax Deductions That Seniors Often Overlook
[ad_1] Journal Reports: Investing Monthly 3 Crucial RMD Questions the IRS Needs to Answer By Leonard Sloane November 9, 2023 at 7:32 PM ET Some of the changes that Congress…
IRS Delays Tax Deadlines Set by Congress. It Could Cost $8 Billion.
[ad_1] WASHINGTON—Congress set strict enforcement deadlines when it created new tax requirements for e-commerce platforms, older 401(k) savers and cryptocurrency brokers. The Internal Revenue Service has now postponed them all…
IRS Delays Tax Rule for Online Sellers—Again
[ad_1] The tax agency warned of headaches for users of eBay, Venmo and Ticketmaster if it had started enforcing the new Form 1099-K rules. [ad_2] Source link
UK Public-Sector Borrowing Climbs on Year, Narrowing Room for Tax Breaks
[ad_1] U.K. public-sector borrowing grew on year in October, an indication that finance chief Jeremy Hunt will find little fiscal headroom to pass tax cuts in Wednesday’s autumn budget statement.…
The Estate Taxes Catching Americans by Surprise
[ad_1] Seventeen states and the District of Columbia have estate or inheritance taxes or both. The rules can change from year to year. [ad_2] Source link
New Speaker Mike Johnson Confronts Old GOP Problems as Honeymoon Period Ends
[ad_1] Nov. 18, 2023 11:56 am ET WASHINGTON—Mike Johnson’s grace period is likely over with House Republicans, with griping and obstructionism firing up again from different wings of his party,…
UBS Spared $2 Billion in Penalties After French Supreme Court Calls for New Trial in Tax Case
[ad_1] Updated Nov. 15, 2023 11:13 am ET UBS Group won’t have to pay around $2 billion after the French Supreme Court partly overturned a decision from a lower court…
Speaker Mike Johnson Faces Big Test in Averting Government Shutdown
[ad_1] Updated Nov. 14, 2023 8:14 am ET WASHINGTON—House Speaker Mike Johnson (R., La.) is headed into a major test on Tuesday with a possible vote on his proposal temporarily…
Don’t Miss Out on Your 2023 Tax Breaks
[ad_1] It’s time to shake a leg on year-end tax planning. As usual, most moves affecting 2023 taxes must be completed before Jan. 1, just weeks away. Here are areas…