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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Reuters Money

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The Tax Adviser

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Taxpayer Advocate Service

TAS Tax Tips: Taxpayers with an excess advance Premium Tax Credit are not required to report or repay in 2020

Thu, May 13, 2021

The post TAS Tax Tips: Taxpayers with an excess advance Premium Tax Credit are not required to report or repay in 2020 appeared first on Taxpayer Advocate Service. ...

NTA Blog: Claims for Refunds: 2019 and 2020 Tax Year Trap for the Unwary

Tue, May 11, 2021

The post NTA Blog: Claims for Refunds: 2019 and 2020 Tax Year Trap for the Unwary appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: File by May 17; here are some options

Mon, May 10, 2021

The post TAS Tax Tips: File by May 17; here are some options appeared first on Taxpayer Advocate Service. ...

NTA Blog: A Creative LITC Partnership to Better Serve Taxpayers: These Superheroes Change in a Museum – Not a Phone Booth!

Thu, May 06, 2021

The post NTA Blog: A Creative LITC Partnership to Better Serve Taxpayers: These Superheroes Change in a Museum – Not a Phone Booth! appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: Keep safe on social media at tax time – Don’t post or message tax info

Wed, May 05, 2021

The post TAS Tax Tips: Keep safe on social media at tax time – Don’t post or message tax info appeared first on Taxpayer Advocate Service. ...

Blog de la NTA: Semana de Reconocimiento de Servicio Público: Gracias a todos los funcionarios públicos, incluidos nuestros empleados del TAS y del IRS, por su excelente servicio

Mon, May 03, 2021

The post Blog de la NTA: Semana de Reconocimiento de Servicio Público: Gracias a todos los funcionarios públicos, incluidos nuestros empleados del TAS y del IRS, por su excelente servicio appeared first on Taxpayer Advocate Service. ...

NTA Blog: Public Service Recognition Week: Thank you to all public servants, including our TAS and IRS employees, for their outstanding service

Mon, May 03, 2021

The post NTA Blog: Public Service Recognition Week: Thank you to all public servants, including our TAS and IRS employees, for their outstanding service appeared first on Taxpayer Advocate Service. ...

NTA Blog: Paycheck Protection Plan Loan Forgiveness and Deductibility of Associated Expenses

Thu, Apr 29, 2021

As part of a suite of measures to provide small businesses relief from the impact of COVID-19, Congress established the […] The post NTA Blog: Paycheck Protection Plan Loan Forgiveness and Deductibility of Associated Expenses appeared first on Taxpayer Advocate Service. ...

NTA Blog: 2021 Filing Season Bumps in the Road: Part II

Tue, Apr 27, 2021

The post NTA Blog: 2021 Filing Season Bumps in the Road: Part II appeared first on Taxpayer Advocate Service. ...

NTA Blog: 2021 Filing Season Bumps in the Road: Part I

Thu, Apr 22, 2021

The post NTA Blog: 2021 Filing Season Bumps in the Road: Part I appeared first on Taxpayer Advocate Service. ...

Fox Business

Winners & losers in Discovery's marriage with AT&T's WarnerMedia

Tue, May 18, 2021

In what could easily be the year’s biggest media deal, AT&T announced it will spin off its WarnerMedia assets and combine them with Discovery in a blockbuster $43 billion tie-up that’s shaking up the entertainment industry and already there are winners and losers...

Elon Musk impersonators steal millions in crypto scams: FTC

Mon, May 17, 2021

Cryptocurrency scammers posing as Elon Musk have stolen over $2 million using investment scams since October 2020, according to the Federal Trade Commission....

Stocks slide as AT&T, Discovery agree to combine media assets

Mon, May 17, 2021

U.S. equity markets were lower as traders digested the AT&T-Discovery mega-merger....

Jeff Bezos' Washington DC, NYC homes targeted in pro-tax millionaire group's protests

Mon, May 17, 2021

The effort, which comes on Tax Day, is organized by Patriotic Millionaires, a group of individuals with annual incomes over $1 million or assets over $5 million who support raising taxes on the wealthy....

Ponzi king Bernie Madoff died of chronic illness, prison warden says

Mon, May 17, 2021

Bernie Madoff, the infamous Ponzi schemer, died on April 14 behind bars after failing to secure an early release....

AT&T Discovery taps David Zaslav as CEO: What to know

Mon, May 17, 2021

David Zaslav, the longtime chief executive of Discovery Communications Inc., will sit at the helm of AT&T Inc's WarnerMedia division and Discovery's combined media company....

Homebuilder confidence high despite growing concerns over price, availability of materials

Mon, May 17, 2021

According to the National Association of Homebuilder's (NAHB)/Wells Fargo housing market index, the reading for homebuilder confidence for newly built single-family homes for the month of May was 83, holding steady month-over-month. However, the NAHB notes that aggregate residential construction material costs are up 12% year-over-year and are expected to move even higher....

'Tesla has not sold any Bitcoin,' Elon Musk says

Mon, May 17, 2021

This is Musk's latest in a string of recent comments regarding Bitcoin, impacting the market price of the cryptocurrency....

AT&T, Discovery agree to merger of CNN, other media assets

Mon, May 17, 2021

AT&T Inc. has agreed to merge its WarnerMedia division with Discovery Communications Inc., creating a streaming giant behemoth to compete with Walt Disney Co.'s Disney+ and Netflix....

US stocks trending lower hours before Wall Street opening bell

Mon, May 17, 2021

U.S. equity futures were trading lower ahead of the release of earnings reports from the country's largest retailers....