Finance News – Taxes
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Musician made $3M selling NFTs and lost it all to taxes and a crypto crash
After generating $3 million from digital asset sales, Jonathan Mann experienced significant financial losses due to market decline and tax liabilities, highlighting the volatility...
Read Full Article →Musician made $3M selling NFTs and lost it all to taxes and a crypto crash
After generating substantial income through digital asset sales, Jonathan Mann experienced significant financial setbacks due to market volatility and tax obligations, ultimately i...
Read Full Article →Musician made $3M selling NFTs and lost it all to taxes and a crypto crash
After generating $3 million through digital asset sales, Jonathan Mann experienced substantial financial setbacks due to market volatility and tax obligations, which inspired him t...
Read Full Article →How can Ned, 70, avoid paying higher taxes when he moves from Calgary to Toronto?
Ned’s decision to relocate from Calgary to Toronto has important financial implications due to varying provincial tax policies affecting his substantial investment holdings.
Read Full Article →Average earners dragged into IHT net – how can you reduce your taxes?
Recent changes requiring pensions to be counted in estates for tax calculations have increased the number of middle-income individuals subject to inheritance tax, contributing to a...
Read Full Article →The ONS reported a huge jump in vehicle taxes and nobody is happy
Recent data from the ONS reveals a notable increase in vehicle tax revenues, reflecting broader economic shifts that have elicited widespread public concern and dissatisfaction acr...
Read Full Article →Rachel Reeves can’t avoid raising taxes any longer – but she’ll need to get creative | Larry Elliott
The government faces the challenge of balancing ambitious public investments with limited growth and high debt, making increased tax revenue necessary to support spending prioritie...
Read Full Article →Stock Market Today: Rally Extends on Good-Enough Expectations
Investors remain closely attentive to fiscal policy developments, prioritizing concerns about taxation and budget deficits as key factors influencing market performance amid recent...
Read Full Article →For the love of God, can someone please help CRA fix its website?
The challenges faced by the agency’s online platform hinder taxpayers from efficiently managing their financial obligations and tracking their fiscal status, potentially impacting...
Read Full Article →High electricity bill taxes holding us back, say industry groups
Industry representatives warn that the substantial taxes included in electricity costs are increasing financial burdens, potentially undermining economic growth and efforts toward...
Read Full Article →Trump claimed ‘tariffs are easy’ – he’s learning the hard way that’s not the case
The unexpected legal challenges to the administration’s trade measures could significantly impact federal revenue, international commerce, and domestic employment projections, alte...
Read Full Article →Why Trump does not suffer Congress when it comes to his prized tariffs
Donald Trump’s firm control over trade levies has significant economic implications, as he prioritizes maintaining import duties despite congressional input or temporary legal chal...
Read Full Article →Starmer to say Reform’s spending plans would cause a Truss-style meltdown
The proposed tax and expenditure policies by Reform UK have raised concerns about potential economic instability and increased borrowing costs, which could negatively impact househ...
Read Full Article →UK private sector shrinking as firms cut jobs; pressure to raise taxes as government borrowing jumps...
Rising government borrowing in the UK highlights increased fiscal challenges, as economic contraction and job reductions in private firms intensify pressure on budget policies and...
Read Full Article →Stock Market Today: Dow Falls 817 Points as Bond Yields Rise
The recent increase in bond yields has contributed to a notable decline in major stock indices, highlighting investor concerns over potential tax policy changes influencing market...
Read Full Article →Reeves’ taxes push inflation to 3.5 per cent in ‘Awful April’
The recent tax increases on businesses and adjustments to the national living wage have contributed to rising consumer prices, reflecting increased operational costs for companies...
Read Full Article →NYC Mayor Eric Adams launches crypto advisory council
The establishment of a digital advisory council in New York City aims to stimulate economic growth by attracting investment, fostering innovation in blockchain technology, and crea...
Read Full Article →Moody’s cuts America’s pristine credit rating, citing rising debt
The downgrade of the United States’ credit status reflects increasing fiscal challenges, potentially raising borrowing costs and influencing international investor confidence amid...
Read Full Article →GDP surge gives Reeves only brief respite from economic challenge
Although recent economic growth exceeded expectations, experts suggest the chancellor may still face the necessity of adjusting fiscal policies through increased taxes or reduced p...
Read Full Article →Boot Barn’s stock is rallying, but executives are cautious on upcoming tariff impact
Boot Barn's shares have increased recently, yet company leaders remain careful about potential costs from new tariffs and plan to reduce reliance on Chinese manufacturing to mitiga...
Read Full Article →US lawmakers call for change in corporate digital asset taxes
The proposed tax provision adjustment could lower the tax burden on companies holding digital assets, potentially encouraging investment and maintaining competitive advantages for...
Read Full Article →Employment levels slump as Reeves’ taxes bite
The recent decline in job numbers reflects the impact of increased taxation on businesses, which appears to have reduced employer profitability and subsequently affected workforce...
Read Full Article →Multimillionaires might face higher taxes under Trump. Here are the money moves they could make now...
Wealthy individuals may encounter increased tax rates, prompting them to explore various financial strategies aimed at reducing their overall tax liabilities before any changes tak...
Read Full Article →Two reasons to buy Apple’s stock after its 24% decline so far in 2025
Despite a notable decrease in share value this year, Apple's stock presents potential investment benefits due to the company's strong fundamentals and market position amid broader...
Read Full Article →This retiree figured out a way to pay almost no taxes. Here’s his secret.
By utilizing strategic Roth conversions and thorough financial planning, the retiree significantly reduced their tax liabilities, demonstrating an effective approach to managing re...
Read Full Article →Why is Trump considering raising taxes on millionaires? | Alex Bronzini-Vender
A proposal to increase taxes on high earners could significantly impact government revenue and wealth distribution, reflecting a notable shift in traditional fiscal policy approach...
Read Full Article →UK and India agree trade deal after three years of talks
The agreement enhances opportunities for British spirits and automobiles in India while reducing tariffs on apparel and shoe shipments from India to the UK, potentially boosting tr...
Read Full Article →Can I use investment losses to offset taxes on an IRA withdrawal?
Investment losses may help reduce the tax burden associated with withdrawing funds from an IRA, offering a potential financial advantage by decreasing the amount of taxable income.
Read Full Article →EY: Profit warnings surge points to ‘economic shock’
Recent analysis reveals that almost 20% of publicly traded companies have anticipated lower earnings within the last year, highlighting economic challenges such as increased taxati...
Read Full Article →Lights, camera, taxes: British film industry rattled by latest Trump tariff threat
Potential tariffs on imported films and related services could increase production costs for the British film industry, possibly affecting investment decisions and international co...
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