Economy & Finance
- Taxes
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The de minimis shipping rules are slated to change this week. Here's what that means for you.
Sinéad Baker, Business Insider
The de minimis tax loophole for smaller US packages is coming to an end, which could mean higher prices and some postal services pausing their work.
Aug 25, 2025, 2:23 PM

Trump & Congress Ending Residential And Home Improvement Tax Credits
Mike Sylvester, CPA, Contributor, Mike Sylvester, CPA, Contributor https://www.forbes.com/sites/mikesylvester/, Forbes
President Trump and Congress are eliminating billions of dollars of popular tax credits many taxpayers are accustomed to utilizing.
Aug 24, 2025, 3:37 PM

Is Trump’s ‘Big Beautiful’ spending law the biggest tax cut in US history?
Al Jazeera, Al Jazeera English
Trump’s 2025 law ranks third among tax cuts since 1980 and mainly extends old cuts, making its impact modest for most.
Aug 23, 2025, 9:57 AM
Is the IRS giving stimulus checks in 2025? How to track my stimulus check status update
Maria Francis, USA TODAY NETWORK, The News Journal
Are we getting a stimulus check 2025? Here's status update on Trump's $600 rebate stimulus checks, how to track IRS refund by social security number
Aug 18, 2025, 5:20 PM

SpaceX Has Likely Skirted Federal Income Taxes for Decades, Investigation Reveals
Ellyn Lapointe, Gizmodo.com
Internal documents show Elon Musk’s multi-billion dollar rocket company can indefinitely shield nearly $3 billion in profits from the IRS.
Aug 15, 2025, 7:25 PM

Is the Fed ready to cut interest rates? Experts weigh in
Max Zahn, ABC News
President Trump has repeatedly called for lower rates since he took office.
Aug 13, 2025, 8:26 PM
2.1 Million Retirees in Ohio Qualify for the ‘Senior Deduction’ Under Big, Beautiful Bill
The Realtor.com Team, Yahoo Entertainment
Roughly 2.1 million retirees in Ohio are expected to benefit from a new federal deduction that exempts most Social Security income.
Aug 13, 2025, 5:14 PM
Trump is bringing in so much revenue from tariffs that it’s seriously reducing the $37 trillion national debt
Nick Lichtenberg, Yahoo Entertainment
It’s the equivalent of a new payroll tax or a 17% cut in the size of the military, according to a top think tank.
Aug 12, 2025, 6:29 PM

As IRS Withers Tax Pros Still Urge Compliance
Peter J Reilly, Contributor, Peter J Reilly, Contributor https://www.forbes.com/sites/peterjreilly/, Forbes
How do you deal with the knowledge that with reduced enforcement just about anything done on returns that does not create a mismatch will probably get by ?
Aug 10, 2025, 8:58 PM
As Dollar Plummets, Is Now a Good Time To Invest in Gold?
Vance Cariaga, Yahoo Entertainment
With the dollar falling, gold is gaining attention—learn if now’s the right time to invest and how it could protect your portfolio.
Aug 10, 2025, 6:59 PM
Claiming Social Security Now? How the Trump Tax Break Could Boost Your Benefits
Jordan Rosenfeld, Yahoo Entertainment
A new $6,000 senior tax deduction under the OBBBA could help retirees save big on Social Security taxes & offer relief to millions on fixed retirement income...
Aug 10, 2025, 11:13 AM
Hundreds cheer Arizona Sen. Ruben Gallego as Democrats take offensive against Trump's tax bill
THOMAS BEAUMONT, Yahoo Entertainment
Hundreds of people cheered Sen. Ruben Gallego at a town hall meeting in eastern Iowa Saturday as the first-term Arizona Democrat assailed the massive...
Aug 9, 2025, 9:36 PM

Tax Breaks: The Revolving Door At The IRS Keeps Spinning Edition
Kelly Phillips Erb, Forbes Staff, Kelly Phillips Erb, Forbes Staff https://www.forbes.com/sites/kellyphillipserb/, Forbes
Plus: Wash sales could be making a comeback thanks to meme stocks, IRS makes an announcement about withholding and tax forms under the new tax law, 529 plans are changing, tax filing deadlines, tax trivia and more.
Aug 9, 2025, 2:00 PM

Billionaire Rented Trump Mansion As Federal Tax-Evasion Case Heated Up
Dan Alexander, Forbes Staff, Dan Alexander, Forbes Staff https://www.forbes.com/sites/danalexander/, Forbes
Robert Smith committed historic tax crimes. Facing federal scrutiny, he moved next door to the president.
Aug 9, 2025, 10:30 AM

IRS Commissioner On Direct File Program: ‘It’s Gone’
Timothy Geigner, Techdirt
For no less than 25 years now, Techdirt has been writing about how the tax preparation industry, especially Intuit, has spent gobs of money bribing lobbying government to keep relatively low-earners from simple methods for filing their tax returns. The series…
Aug 8, 2025, 3:08 AM

Trump’s new tax, briefly explained
Cameron Peters, Vox
This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here. Welcome to The Logoff: It’s tariffs day, for real this time. President Donald…
Aug 7, 2025, 10:23 PM
The Latest: US import taxes hit levels not seen in nearly 100 years
The Associated Press, Yahoo Entertainment
President Donald Trump began levying higher import taxes on goods from nearly 100 other nations on Thursday, just as the economic fallout of his monthslong...
Aug 7, 2025, 12:39 PM
A boomer couple wants to sell their 5-bedroom home. But they're delaying in hopes of avoiding at least $700,000 in taxes.
Eliza Relman, Business Insider
Joel and Kathryn Friedman, both 71, were encouraged by President Donald Trump's remarks in support of eliminating the capital gains tax on home sales.
Aug 4, 2025, 8:04 AM

How property taxes are forcing Americans out of their homes...
Mark Nichols, Tonya Simpson, Maia Rosenfeld, Jared Kofsky, Tommy Brooksbank, ABC News
How property taxes are forcing Americans out of their homes... (Second column, 3rd story, link)
Aug 3, 2025, 11:04 AM
Consumers Vote on Economic Prospects
Menzie Chinn, Econbrowser.com
Durables consumption has experienced extreme volatility over the last 9 months (since the election). However, services and nondurables should follow the permanent income hypothesis — at least halfway (DSGE’s usually incorporate about 50% hand-to-mouth consume…
Aug 3, 2025, 1:27 AM
I Asked ChatGPT What Would Happen if Trump Ended Income Taxes — There’s Good News and Bad News
Terence Loose, Yahoo Entertainment
Trump’s plan to replace income taxes with tariffs -- per a tax policy breakdown by ChatGPT -- could raise prices, slash federal revenue and widen inequality.
Aug 2, 2025, 1:20 PM
Retirees: Be very, very worried about who will replace Jerome Powell at the Fed
Brett Arends, MarketWatch
If you’re retired or living on passive income, you have every reason to be grateful to the Federal Reserve chair.
Jul 31, 2025, 5:44 PM
Caps, credits, contributions: Tax planning for parents under OBBBA
Tobias Salinger, Financial-planning.com
The One Big Beautiful Bill Act presents some complexities for wealthy families, alongside its extension and expansion of provisions in the Tax Cuts and Jobs ...
Jul 30, 2025, 9:27 PM

Taxman picks up $140M tab after Cadence fined for China export violations
Dan Robinson, Theregister.com
Changes enacted in Trump's budget cover cost of penalty Electronic design biz Cadence has agreed to plead guilty and pay more than $140 million in fines over charges that it unlawfully sold semiconductor design tools to a university linked with the Chinese mi…
Jul 29, 2025, 12:45 PM