EV buyers who missed out on their tax credits now have a fix from the IRS – NPR
The Jeep Wrangler 4XE Plugin Hybrid appears in the sale lot at Hilltop Chrysler Jeep Dodge Ram in Richmond, California. Justin Sullivan/Getty Images/Getty Images North America Hide captions Toggle caption Justin Sullivan/Getty Images/Getty Images North America According to a trade group representing car dealers, the IRS created an amendment after some car owners were unable […]
Florida considers property tax relief for homeowners – Gulf Coast News
Florida is considering dumping property taxes after nearly doubled for homeowners over the past decade. It's a bold idea that you can ultimately go in front of voters. Forking money for property taxes can be painful for working families and retirees. Now, state lawmakers are considering plans to remove Florida property tax. Lee County Property […]
‘RHONJ’ star Teresa Giudice, Luis Ruelas owe $3M in tax liens
Theresa Judith and her husband, Lewis Lulus, were hit by a tax lien of more than $3 million. According to documents obtained by Fox News Digital, the “Real Housewife of New Jersey” star has issued a $303,889.20 ruling filed against her earlier this month. Rurus was hit late last year with a debt of $163,523.94, […]
How the rich use insurance to invest in private credit without steep tax bills – CNBC
This version of the article first appeared on CNBC's Inside Wealth Newsletter. This is Robert Frank, Net-Worth Investor and Consumer's weekly guide. Sign up to receive future editions directly in your inbox. According to alternative data provider Preqin, the market rose from $1 trillion in 2020 to $1.5 trillion in early 2024, resulting in a […]
IRS-ICE near agreement to share tax data for deportations: Report
(News Nation) – The Internal Revenue Service (IRS) is approaching a contract in which Immigration and Customs Enforcement Agency (ICE) can access confidential taxpayer information and find undocumented immigrants targeting deportation. The Washington Post reported. The proposed data sharing arrangement allows ICE to submit a suspicious name and address Undocumented immigrants To the IRS for […]
GOP heads into key stretch for ambitious Trump tax cut plan
Capitol Hill Republicans are staring at a crucial three-week stretch in their efforts to enact President Trump's ambitious tax agenda, hoping that the House will be able to move forward with compromise budget resolutions to pace the party's aggressive timeline. Senate Republicans last month adopted a two-track strategy budget resolution to advance Trump's legislative agenda, […]
CBO projects deficits will sharply rise if Trump tax cuts made permanent
New forecasts from official legislative scorers in Congress will explode if Trump's tax cuts are permanent and simply not expanded. In response to a survey from David Schweikert (R-Ariz.), a member of the Methods and Means Committee, the Congressional Budget Office (CBO) found on Friday that debt levels would reach 214% of GDP in 2054, […]
Republican Senator Katie Britt Pushes To Enhance Child Care Tax Credit
Republican Alabama Sen. Katie Brittt has urged Republicans to step up childcare benefits under the party's tax laws, which are expected later this year. suggestion The Britt, introduced, is co-existed by Democrat Virginia Sen. Tim Kane. Britt's and Kaine's childcare proposals are divided into two important issues: Childcare availability and Affordable Price Act and Childcare […]
Rate of UK shop closures expected to rise after budget tax changes – report | Retail industry
UK High Street is expected to be empty at a faster pace than this year as additional costs Rachel Reeves incurred businesses have been criticised for closures of shops and slowing down opening chain stores. The survey predicts that after a slowdown from last year's one-day, one-day, to ten-day per day in October, the store […]
Tax refunds up about $200 per person from IRS in 2025: What the numbers show – AL.com
According to the latest IRS statistics, average tax refunds have increased by almost 6% since this point last year. IRS data on March 7 shows an average refund amount of $3,324 for 2025, an increase of $179, at $3,145 for 2024. Compared to 43 million people in 2024, there was an increase of 43.6 million […]