Rachel Reeves, tax and Budget
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Tax extension filings still due on Oct. 15 despite government shutdown. Here's what to know.
Many IRS workers are furloughed due to the government shutdown, but taxpayers are still required to file their extensions this week.
The government shutdown does not extend the October 15 tax filing deadline for taxpayers who requested extensions earlier this year for their 2024 tax returns.
The deadline to file taxes for those with federal extensions hits this week. Here's how the government shutdown affects it.
New York mayoral front-runner Zohran Mamdani’s pledge to fund free childcare and bus rides by taxing the rich faces steep odds in Albany. But tax hikes may be coming for New Yorkers anyway, regardless of who leads City Hall.
General Motors will book a negative impact of $1.6 billion in its next quarter after tax incentives for electric vehicles were slashed by the U.S. and rules governing emissions are relaxed.
HISD will vote on adopting disaster pennies after the district incurred expenses to respond to Hurricane Beryl.
The States must look at increasing taxes to support the health service and ageing population, the boss of a health charity has said. CEO of Health Connections Bella Farrell said: "There's absolutely no doubt in my mind that we have to increase taxes if we want to have support."
The new IRS tax brackets move deductions up in the wake of President Donald Trump's "One, Big, Beautiful Bill."