Category: confusion
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Elon Musk creates confusion about IRS’ Direct File — but the free tax program is still available
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WASHINGTON (AP) – The Eileon Mousse Technology billionaire published on its social media website on Monday that it “deleted” 18f, a government agency that worked in technology projects such as the direct file program for the Authority. This caused some confusion about whether the direct file is still available to…
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New tax checks on side hustles like eBay and Vinted risk confusion over different reporting periods
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HM Revenue & Customs is stepping up its scrutiny of “side hustle” earnings, requiring online platforms such as eBay, Vinted and Airbnb to provide information on users’ 2024 income by the end of this month. However, concerns have been raised that the discrepancy between the UK tax year (April to…
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Global investors brace for turmoil as big Fed cut sows confusion By Reuters
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By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Major global investors are on alert for sharp market volatility after a big U.S. interest rate cut sparked confusion over whether the market-dominating global economy will boom or slump, clouding the outlook for stocks, bonds and currencies around the world. Global…