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Tax Overhaul Leaves Little Time for Adapting to the Changes

Tax Overhaul Leaves Little Time for Adapting to the Changes

Many of the changes in the rewrite of the U.S. tax code will take effect in a matter of days, leaving scant time for government agencies, businesses and individuals to adjust.

Published 4 weeks ago

Banks Are Getting a Big Tax Cut. Wells Fargo, Others Plan to Share It With Employees

Banks Are Getting a Big Tax Cut. Wells Fargo, Others Plan to Share It With Employees

Bank profits are expected to get a huge boost from the tax bill that cleared Congress Wednesday, and a handful of lenders plan to use some of the proceeds to increase employee wages.

Published 4 weeks ago

Companies Scramble to Make Moves Before the Big Tax Cut

Companies Scramble to Make Moves Before the Big Tax Cut

Corporate finance teams are scrambling to save even more on taxes before the Republicans’ big cut goes into effect. The bill would drop the corporate tax rate to 21% but reduce the benefit of some deductions.

Published 4 weeks ago

Damian Green forced to resign in computer porn row

Damian Green forced to resign in computer porn row

Third departure in two months removes one of most avowedly pro-European ministers

Published 1 second ago

AT&T Plans $1,000 Bonus to Workers if Trump Signs Tax Bill

AT&T Plans $1,000 Bonus to Workers if Trump Signs Tax Bill

AT&T Inc. said it would make a one-time $1,000 payment to more than 200,000 workers if President Donald Trump signs the tax-code overhaul bill that Congress has approved.

Published 4 weeks ago

EU ruling on Uber opens up company to new claims

EU ruling on Uber opens up company to new claims

Tax and driver rules face changes but service in most cities unlikely to be altered

Published 1 second ago

Global disaster costs more than double to $136bn

Global disaster costs more than double to $136bn

Insured losses soar after a year of hurricanes, earthquakes and wildfires

Published 1 second ago

Tax overhaul hands an opportunity to stockpickers

Tax overhaul hands an opportunity to stockpickers

The vast bill offers portfolio managers a chance to pick the winners and losers

Published 1 second ago

Sweeping Tax Bill Heads to Trump for His Signature

Sweeping Tax Bill Heads to Trump for His Signature

The most sweeping changes to the tax code in more than 30 years are on the way to President Donald Trump for his signature after the House passed a $1.5 trillion tax cut for a second time, ratifying minor changes made by the Senate.

Published 4 weeks ago

Trump Cheers GOP Tax Overhaul, Slams Democrats Who Opposed It

Trump Cheers GOP Tax Overhaul, Slams Democrats Who Opposed It

President Donald Trump praised fellow Republicans for passage of a $1.5 trillion tax cut package, criticized Democrats for not supporting it, and predicted that financial markets would surge following the signature legislative achievement of his first year in office.

Published 4 weeks ago

How the Tax Bill Changes the Math on Donor-Advised Funds

How the Tax Bill Changes the Math on Donor-Advised Funds

It may be beneficial to put money in one before the end of the year.

Published 4 weeks ago

Trump tax victory sets up 2018 electoral battle

Trump tax victory sets up 2018 electoral battle

House passes $1.5tn reform hours after Senate gives president biggest legislative win

Published 1 second ago

North Korea Is Suspected in Bitcoin Robbery

North Korea Is Suspected in Bitcoin Robbery

Investigators in South Korea are looking into North Korea’s possible involvement in a heist from a bitcoin exchange that collapsed here on Tuesday, according to people familiar with the situation, as the regime develops new ways to circumvent sanctions and raise money.

Published 4 weeks ago

US tax bill draws the battle lines for midterm election

US tax bill draws the battle lines for midterm election

Republicans bet they can counter Democratic charges the reforms are a gift to the rich

Published 1 second ago